MAURICE THORNE ASSOCIATES LIMITED

Company Registration Number:
03161892 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

MAURICE THORNE ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MAURICE THORNE ASSOCIATES LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Maurice Richard Thorne
Secretary: Johanna Mary Thorne
Registered office: 9
Papillons Walk
London
England
SE3 9SF
Company Registration Number: 03161892 (England and Wales)

MAURICE THORNE ASSOCIATES LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Maurice Richard Thorne

Secretary
Johanna Mary Thorne

This report was approved by the board of directors on 18 November 2023
And Signed On Behalf Of The Board By:

Name: Maurice Richard Thorne
Status: Director

MAURICE THORNE ASSOCIATES LIMITED

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 254 -
Administrative Expenses ( 1,421 ) -
Operating Profit or (Loss) ( 1,167 ) -
Interest Receivable and Similar Income 138 -
Profit or (Loss) Before Tax ( 1,029 ) -
Profit or (Loss) for Period ( 1,029 ) -

The notes form part of these financial statements

MAURICE THORNE ASSOCIATES LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 374,263 7,713
Tangible assets: 5 726 677
Total fixed assets: 374,989 8,390
Current assets
Cash at bank and in hand: 30,341 447,801
Total current assets: 30,341 447,801
Net current assets (liabilities): 30,341 447,801
Total assets less current liabilities: 405,330 456,191
Total net assets (liabilities): 405,330 456,191

The notes form part of these financial statements

MAURICE THORNE ASSOCIATES LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 3 3
Revaluation reserve: 6 406,356 458,404
Profit and loss account: ( 1,029 ) ( 2,216 )
Shareholders funds: 405,330 456,191

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 18 November 2023
And Signed On Behalf Of The Board By:

Name: Maurice Richard Thorne
Status: Director

The notes form part of these financial statements

MAURICE THORNE ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MAURICE THORNE ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

MAURICE THORNE ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

MAURICE THORNE ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 April 2022 7,713
    Additions 371,763
    Disposals -
    Revaluations (5,213)
    Transfers -
    At 31 March 2023 374,263
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 March 2023 -
    Net book value
    Net book value at 31 March 2023 374,263
    Net book value at 31 March 2022 7,713

MAURICE THORNE ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible Assets

Total
Cost £
At 01 April 2022 1,583
Additions 150
Disposals -
Revaluations -
Transfers -
At 31 March 2023 1,733
Depreciation
At 01 April 2022 906
Charge for year 101
On disposals -
Other adjustments -
At 31 March 2023 1,007
Net book value
At 31 March 2023 726
At 31 March 2022 677

MAURICE THORNE ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Revaluation reserve


2023
£
Balance at 01 April 2022 458,404
Surplus or deficit after revaluation ( 52,048 )
Balance at 31 March 2023 406,356

£5213 revalued stocks deduction
£28,237 Loss on investment
£2500 Investment admin fee
£15,000 dividend paid out