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REGISTERED NUMBER: 08047591 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

THOR HIGH STREET ADVISORS UK LIMITED

THOR HIGH STREET ADVISORS UK LIMITED (REGISTERED NUMBER: 08047591)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THOR HIGH STREET ADVISORS UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: J Sitt





REGISTERED OFFICE: 18-19 Albemarle Street
London
W1S 4BB





REGISTERED NUMBER: 08047591 (England and Wales)





ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG

THOR HIGH STREET ADVISORS UK LIMITED (REGISTERED NUMBER: 08047591)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,137 28,182

CURRENT ASSETS
Debtors 5 1,127,162 495,713
Cash at bank 7,123 12,021
1,134,285 507,734
CREDITORS
Amounts falling due within one year 6 5,166,841 4,840,218
NET CURRENT LIABILITIES (4,032,556 ) (4,332,484 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,011,419

)

(4,304,302

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 7 (4,011,420 ) (4,304,303 )
(4,011,419 ) (4,304,302 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

THOR HIGH STREET ADVISORS UK LIMITED (REGISTERED NUMBER: 08047591)

BALANCE SHEET - continued
31 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 September 2024 and were signed by:





J Sitt - Director


THOR HIGH STREET ADVISORS UK LIMITED (REGISTERED NUMBER: 08047591)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Thor High Street Advisors 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.
Short leasehold - over the term of the lease
Fixtures and fittings - 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

THOR HIGH STREET ADVISORS UK LIMITED (REGISTERED NUMBER: 08047591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 35,227 21,276 56,503
DEPRECIATION
At 1 January 2023 7,045 21,276 28,321
Charge for year 7,045 - 7,045
At 31 December 2023 14,090 21,276 35,366
NET BOOK VALUE
At 31 December 2023 21,137 - 21,137
At 31 December 2022 28,182 - 28,182

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 950,181 248,339
Other debtors 176,981 247,374
1,127,162 495,713

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 5,164,741 4,836,568
Other creditors 2,100 3,650
5,166,841 4,840,218

7. RESERVES
Retained
earnings
£   

At 1 January 2023 (4,304,303 )
Profit for the year 292,883
At 31 December 2023 (4,011,420 )

8. CONTROLLING PARTY

The company is a wholly owed subsidiary of Thor High Street Advisors Europe LLC, an entity incorporated in the United States.