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REGISTERED NUMBER: 05043978 (England and Wales)















THORNE DEMOLITION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MAY 2023






THORNE DEMOLITION LIMITED (REGISTERED NUMBER: 05043978)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THORNE DEMOLITION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: A M Mellor





SECRETARIES: A M Mellor
Mrs L Falls





REGISTERED OFFICE: Pure Office
4100 Park Approach
Thorpe Park
Leeds
West Yorkshire
LS15 8GB





REGISTERED NUMBER: 05043978 (England and Wales)






THORNE DEMOLITION LIMITED (REGISTERED NUMBER: 05043978)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 667 889

CURRENT ASSETS
Stocks 8,240 13,420
Debtors 5 563,561 659,488
Cash at bank and in hand 42,105 29,770
613,906 702,678
CREDITORS
Amounts falling due within one year 6 218,134 303,897
NET CURRENT ASSETS 395,772 398,781
TOTAL ASSETS LESS CURRENT
LIABILITIES

396,439

399,670

PROVISIONS FOR LIABILITIES 127 169
NET ASSETS 396,312 399,501

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 396,212 399,401
SHAREHOLDERS' FUNDS 396,312 399,501

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THORNE DEMOLITION LIMITED (REGISTERED NUMBER: 05043978)

BALANCE SHEET - continued
31 MAY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2024 and were signed by:





A M Mellor - Director


THORNE DEMOLITION LIMITED (REGISTERED NUMBER: 05043978)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Thorne Demolition Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

THORNE DEMOLITION LIMITED (REGISTERED NUMBER: 05043978)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 2,589
DEPRECIATION
At 1 June 2022 1,700
Charge for year 222
At 31 May 2023 1,922
NET BOOK VALUE
At 31 May 2023 667
At 31 May 2022 889

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 180 180
Other debtors 563,381 659,308
563,561 659,488

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 107,572 209,232
Amounts owed to group undertakings 41,975 41,975
Taxation and social security 27,276 15,353
Other creditors 41,311 37,337
218,134 303,897

7. ULTIMATE CONTROLLING PARTY

The controlling party is Thorne Group Limited.

The ultimate controlling party is A M Mellor.

The parent company is registered in England, the registered office and principal place of business being at Thorpe Park, Leeds.