Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrue22022-04-01falseNo description of principal activity2 02346504 2022-04-01 2023-03-31 02346504 2021-04-01 2022-03-31 02346504 2023-03-31 02346504 2022-03-31 02346504 c:Director2 2022-04-01 2023-03-31 02346504 d:CurrentFinancialInstruments 2023-03-31 02346504 d:CurrentFinancialInstruments 2022-03-31 02346504 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02346504 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 02346504 d:ShareCapital 2023-03-31 02346504 d:ShareCapital 2022-03-31 02346504 d:RetainedEarningsAccumulatedLosses 2023-03-31 02346504 d:RetainedEarningsAccumulatedLosses 2022-03-31 02346504 c:FRS102 2022-04-01 2023-03-31 02346504 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 02346504 c:FullAccounts 2022-04-01 2023-03-31 02346504 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 02346504 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 02346504









THORSTONE SECURITIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
THORSTONE SECURITIES LIMITED
REGISTERED NUMBER: 02346504

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
295,372
298,505

Cash at bank and in hand
 5 
902
950

  
296,274
299,455

Creditors: amounts falling due within one year
 6 
(275,502)
(261,885)

Net current assets
  
 
 
20,772
 
 
37,570

Total assets less current liabilities
  
20,772
37,570

  

Net assets
  
20,772
37,570


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
20,672
37,470

  
20,772
37,570


Page 1

 
THORSTONE SECURITIES LIMITED
REGISTERED NUMBER: 02346504
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S J Silverstone
Director

Date: 7 March 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
THORSTONE SECURITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Thorstone Securities Limited is a private Company limited by shares and incorporated in England and Wales (Registered number 02346504). The registered office is 104a Park Street, London, United Kingdom, W1K 6NG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
THORSTONE SECURITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Other debtors
295,372
298,505

295,372
298,505



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
902
950

902
950



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
270,402
256,785

Accruals and deferred income
5,100
5,100

275,502
261,885


 
Page 4