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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
Page
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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
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THORNWOOD DESIGN & BUILD LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
18,598 
9,512 
Tangible assets
37,527 
725 
56,125 
10,237 
Current assets
Debtors
456,966 
218,385 
Cash at bank and in hand
459,702 
160,324 
916,668 
378,709 
Creditors: amounts falling due within one year
(761,815)
(335,771)
Net current assets
154,853 
42,938 
Net assets
210,978 
53,175 
Capital and reserves
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
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THORNWOOD DESIGN & BUILD LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 April 2023
10,000 
- 
10,000 
Additions
9,831 
278 
10,109 
At 31 March 2024
19,831 
278 
20,109 
Amortisation
At 1 April 2023
488 
- 
488 
Charge for the year
1,023 
- 
1,023 
At 31 March 2024
1,511 
- 
1,511 
Net book value
At 31 March 2024
18,320 
278 
18,598 
At 31 March 2023
9,512 
- 
9,512 
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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 
Depreciation
At 1 April 2023
66 
- 
- 
66 
Charge for the year
1,115 
6,908 
261 
8,284 
At 31 March 2024
1,181 
6,908 
261 
8,350 
Net book value
At 31 March 2024
7,219 
29,937 
371 
37,527 
At 31 March 2023
725 
- 
- 
725 
6
Debtors
2024 
2023 
£ 
£ 
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 
456,966 
216,405 
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 
£ 
£ 
VAT
255,534 
87,597 
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 
Accruals
47,256 
141,190 
761,815 
335,771 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
BURTON, Thomas Julian
Director loan account
8,221 
3,189 
- 
11,410 
8,221 
3,189 
- 
11,410 
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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).
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