Thistledome Limited 13935368 false 2022-02-23 2023-02-28 2023-02-28 The principal activity of the company is Financial management Digita Accounts Production Advanced 6.30.9574.0 true true true 13935368 2022-02-23 2023-02-28 13935368 2023-02-28 13935368 bus:OrdinaryShareClass1 2023-02-28 13935368 core:CurrentFinancialInstruments 2023-02-28 13935368 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 13935368 bus:SmallEntities 2022-02-23 2023-02-28 13935368 bus:AuditExemptWithAccountantsReport 2022-02-23 2023-02-28 13935368 bus:FullAccounts 2022-02-23 2023-02-28 13935368 bus:SmallCompaniesRegimeForAccounts 2022-02-23 2023-02-28 13935368 bus:RegisteredOffice 2022-02-23 2023-02-28 13935368 bus:Director1 2022-02-23 2023-02-28 13935368 bus:OrdinaryShareClass1 2022-02-23 2023-02-28 13935368 bus:PrivateLimitedCompanyLtd 2022-02-23 2023-02-28 13935368 1 2022-02-23 2023-02-28 13935368 countries:UnitedKingdom 2022-02-23 2023-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13935368

Thistledome Limited

Unaudited Financial Statements

for the Period from 23 February 2022 to 28 February 2023

 

Thistledome Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Thistledome Limited

Company Information

Director

Mr Frank Walsh

Registered office

Unit 1 The Cam Centre
Wilbury Way
Hitchin
Herts
SG4 0TW

 

Thistledome Limited

(Registration number: 13935368)
Balance Sheet as at 28 February 2023

Note

2023
£

Current assets

 

Debtors

4

89

Cash at bank and in hand

 

9,601

 

9,690

Creditors: Amounts falling due within one year

5

(5,197)

Net assets

 

4,493

Capital and reserves

 

Called up share capital

100

Retained earnings

4,393

Shareholders' funds

 

4,493

For the financial period ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 January 2024
 

.........................................
Mr Frank Walsh
Director

 

Thistledome Limited

Notes to the Unaudited Financial Statements for the Period from 23 February 2022 to 28 February 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Unit 1 The Cam Centre
Wilbury Way
Hitchin
Herts
SG4 0TW

These financial statements were authorised for issue by the director on 29 January 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises the fonsideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Thistledome Limited

Notes to the Unaudited Financial Statements for the Period from 23 February 2022 to 28 February 2023

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Thistledome Limited

Notes to the Unaudited Financial Statements for the Period from 23 February 2022 to 28 February 2023

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Debtors

Current

2023
£

Other debtors

89

 

89

5

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Taxation and social security

3,217

Accruals and deferred income

1,980

5,197

6

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary of £1 each

100

100

     

7

Dividends

   

2023

   

£

Interim dividend of £90.00 per ordinary share

 

9,000

     

8

Related party transactions

At the balance sheet date, the company was owed £89 by F Walsh, the sole director and shareholder of the company

 

Thistledome Limited

Notes to the Unaudited Financial Statements for the Period from 23 February 2022 to 28 February 2023

9

Parent and ultimate parent undertaking

The ultimate controlling party is Frank Walsh, my virtue of his sole share holding.