IRIS Accounts Production v24.1.0.578 05984113 Board of Directors 31.12.22 30.12.23 30.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh059841132022-12-30059841132023-12-30059841132022-12-312023-12-30059841132021-12-30059841132021-12-312022-12-30059841132022-12-3005984113ns15:EnglandWales2022-12-312023-12-3005984113ns14:PoundSterling2022-12-312023-12-3005984113ns10:Director12022-12-312023-12-3005984113ns10:PrivateLimitedCompanyLtd2022-12-312023-12-3005984113ns10:SmallEntities2022-12-312023-12-3005984113ns10:AuditExempt-NoAccountantsReport2022-12-312023-12-3005984113ns10:SmallCompaniesRegimeForDirectorsReport2022-12-312023-12-3005984113ns10:SmallCompaniesRegimeForAccounts2022-12-312023-12-3005984113ns10:FullAccounts2022-12-312023-12-3005984113ns10:Director22022-12-312023-12-3005984113ns10:CompanySecretary12022-12-312023-12-3005984113ns10:RegisteredOffice2022-12-312023-12-3005984113ns5:CurrentFinancialInstruments2023-12-3005984113ns5:CurrentFinancialInstruments2022-12-3005984113ns5:Non-currentFinancialInstruments2023-12-3005984113ns5:Non-currentFinancialInstruments2022-12-3005984113ns5:ShareCapital2023-12-3005984113ns5:ShareCapital2022-12-3005984113ns5:RetainedEarningsAccumulatedLosses2023-12-3005984113ns5:RetainedEarningsAccumulatedLosses2022-12-3005984113ns5:PlantMachinery2022-12-312023-12-3005984113ns5:PlantMachinery2022-12-3005984113ns5:PlantMachinery2023-12-3005984113ns5:PlantMachinery2022-12-3005984113ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3005984113ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-30
REGISTERED NUMBER: 05984113 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 December 2023

for

Thornley Mansfield Limited

Thornley Mansfield Limited (Registered number: 05984113)






Contents of the Financial Statements
for the Year Ended 30 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Thornley Mansfield Limited

Company Information
for the Year Ended 30 December 2023







DIRECTORS: D E Mansfield
Ms J Thornley





SECRETARY: D E Mansfield





REGISTERED OFFICE: Military House
24 Castle Street
Chester
Cheshire
CH1 2DS





REGISTERED NUMBER: 05984113 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Thornley Mansfield Limited (Registered number: 05984113)

Balance Sheet
30 December 2023

30.12.23 30.12.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,329 5,039

CURRENT ASSETS
Debtors 5 30,342 29,272
Cash at bank and in hand 5,067 39,276
35,409 68,548
CREDITORS
Amounts falling due within one year 6 32,214 41,017
NET CURRENT ASSETS 3,195 27,531
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,524

32,570

CREDITORS
Amounts falling due after more than one
year

7

3,202

4,888
NET ASSETS 2,322 27,682

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,320 27,680
SHAREHOLDERS' FUNDS 2,322 27,682

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2023 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.

Thornley Mansfield Limited (Registered number: 05984113)

Balance Sheet - continued
30 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





D E Mansfield - Director


Thornley Mansfield Limited (Registered number: 05984113)

Notes to the Financial Statements
for the Year Ended 30 December 2023

1. STATUTORY INFORMATION

Thornley Mansfield 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1

Turnover
Revenue 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.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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 4 (2022 - 3 ) .

Thornley Mansfield Limited (Registered number: 05984113)

Notes to the Financial Statements - continued
for the Year Ended 30 December 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 31 December 2022 18,779
Additions 849
At 30 December 2023 19,628
DEPRECIATION
At 31 December 2022 13,740
Charge for year 3,559
At 30 December 2023 17,299
NET BOOK VALUE
At 30 December 2023 2,329
At 30 December 2022 5,039

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.12.23 30.12.22
£    £   
Other debtors 30,342 29,272

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.12.23 30.12.22
£    £   
Bank loans and overdrafts 1,686 1,644
Taxation and social security 5,266 38,375
Other creditors 25,262 998
32,214 41,017

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.12.23 30.12.22
£    £   
Bank loans 3,202 4,888

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £40,000 (2022 - £142,500) were paid to the directors .