Company Registration No. 11531136 (England and Wales)
THORNWOOD DESIGN & BUILD LTD
Unaudited accounts
for the year ended 31 March 2024
THORNWOOD DESIGN & BUILD LTD
Unaudited accounts
Contents
THORNWOOD DESIGN & BUILD LTD
Company Information
for the year ended 31 March 2024
Director
BURTON, Thomas Julian
Company Number
11531136 (England and Wales)
Registered Office
UNIT 30
THORNWOOD ROAD
EPPING
CM16 6TB
UNITED KINGDOM
Accountants
Shared Business Services Ltd t/a Accounts4all
43a Charles Street
Epping
Essex
CM16 7AU
THORNWOOD DESIGN & BUILD LTD
Statement of financial position
as at 31 March 2024
Intangible assets
18,598
9,512
Tangible assets
37,527
725
Cash at bank and in hand
459,702
160,324
Creditors: amounts falling due within one year
(761,815)
(335,771)
Net current assets
154,853
42,938
Called up share capital
100
100
Profit and loss account
210,878
53,075
Shareholders' funds
210,978
53,175
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 August 2024 and were signed on its behalf by
BURTON, Thomas Julian
Director
Company Registration No. 11531136
THORNWOOD DESIGN & BUILD LTD
Notes to the Accounts
for the year ended 31 March 2024
THORNWOOD DESIGN & BUILD LTD is a private company, limited by shares, registered in England and Wales, registration number 11531136. The registered office is UNIT 30, THORNWOOD ROAD, EPPING, CM16 6TB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line Basis 25% PA
Fixtures & fittings
Straight Line Basis 25% PA
Computer equipment
Straight Line Basis 25% PA
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 April 2023
10,000
-
10,000
Additions
9,831
278
10,109
At 31 March 2024
19,831
278
20,109
Charge for the year
1,023
-
1,023
At 31 March 2024
1,511
-
1,511
At 31 March 2024
18,320
278
18,598
At 31 March 2023
9,512
-
9,512
THORNWOOD DESIGN & BUILD LTD
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
791
-
-
791
Additions
7,609
36,845
632
45,086
At 31 March 2024
8,400
36,845
632
45,877
Charge for the year
1,115
6,908
261
8,284
At 31 March 2024
1,181
6,908
261
8,350
At 31 March 2024
7,219
29,937
371
37,527
At 31 March 2023
725
-
-
725
Amounts falling due within one year
Trade debtors
444,626
176,159
Amounts due from group undertakings etc.
100
-
Accrued income and prepayments
780
32,026
Other debtors
11,460
8,220
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
1,980
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
297,560
58,484
Amounts owed to group undertakings and other participating interests
4,721
9,776
Taxes and social security
73,501
25,634
Other creditors
83,243
13,090
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director loan account
8,221
3,189
-
11,410
THORNWOOD DESIGN & BUILD LTD
Notes to the Accounts
for the year ended 31 March 2024
9
Transactions with related parties
T Hammond Holdings Ltd £3,756
10
Average number of employees
During the year the average number of employees was 7 (2023: 7).