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REGISTERED NUMBER: 08894885 (England and Wales)















P.A.THORPE (UK) LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2024






P.A.THORPE (UK) LIMITED (Registered number: 08894885)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P.A.THORPE (UK) LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: P A Thorpe
Mrs K L Wright





REGISTERED OFFICE: 105 Main Street
Addingham
Ilkley
LS29 0NS





REGISTERED NUMBER: 08894885 (England and Wales)





ACCOUNTANTS: Maclean & Company
1 Park View Court
St Paul's Road
Shipley
West Yorkshire
BD18 3DZ

P.A.THORPE (UK) LIMITED (Registered number: 08894885)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,826 19,967

CURRENT ASSETS
Debtors 5 27,224 30,939
Cash at bank and in hand 86,422 71,071
113,646 102,010
CREDITORS
Amounts falling due within one year 6 52,671 68,655
NET CURRENT ASSETS 60,975 33,355
TOTAL ASSETS LESS CURRENT
LIABILITIES

100,801

53,322

CREDITORS
Amounts falling due after more than one
year

7

39,259

18,095
NET ASSETS 61,542 35,227

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 60,542 34,227
SHAREHOLDERS' FUNDS 61,542 35,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

P.A.THORPE (UK) LIMITED (Registered number: 08894885)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 17 April 2024 and were signed on its behalf by:





P A Thorpe - Director


P.A.THORPE (UK) LIMITED (Registered number: 08894885)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

P.A.THORPE (UK) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Equipment - 33% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

P.A.THORPE (UK) LIMITED (Registered number: 08894885)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Motor
vehicles Equipment Totals
£    £    £   
COST
At 1 April 2023 44,287 12,965 57,252
Additions 53,099 - 53,099
Disposals (44,287 ) - (44,287 )
At 31 March 2024 53,099 12,965 66,064
DEPRECIATION
At 1 April 2023 25,604 11,681 37,285
Charge for year 13,274 1,283 14,557
Eliminated on disposal (25,604 ) - (25,604 )
At 31 March 2024 13,274 12,964 26,238
NET BOOK VALUE
At 31 March 2024 39,825 1 39,826
At 31 March 2023 18,683 1,284 19,967

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023 44,287
Additions 53,099
Disposals (44,287 )
At 31 March 2024 53,099
DEPRECIATION
At 1 April 2023 25,604
Charge for year 13,274
Eliminated on disposal (25,604 )
At 31 March 2024 13,274
NET BOOK VALUE
At 31 March 2024 39,825
At 31 March 2023 18,683

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 27,224 29,476
Other debtors - 1,463
27,224 30,939

P.A.THORPE (UK) LIMITED (Registered number: 08894885)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 3,507 5,448
Trade & other creditors 23,012 43,240
Taxation 26,152 19,967
52,671 68,655

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 39,259 18,095