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REGISTERED NUMBER: 04632515 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st January 2024

for

M & J Thistlethwaite (Earthworks)
Limited

M & J Thistlethwaite (Earthworks)
Limited (Registered number: 04632515)






Contents of the Financial Statements
for the year ended 31st January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M & J Thistlethwaite (Earthworks)
Limited

Company Information
for the year ended 31st January 2024







DIRECTORS: Mr M R Thistlethwaite
Mr R Sharples





REGISTERED OFFICE: Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE





REGISTERED NUMBER: 04632515 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

M & J Thistlethwaite (Earthworks)
Limited (Registered number: 04632515)

Balance Sheet
31st January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 707,268 1,532,016

CURRENT ASSETS
Stocks 95,250 183,683
Debtors 5 1,876,001 754,354
Cash at bank and in hand 1,141,698 747,935
3,112,949 1,685,972
CREDITORS
Amounts falling due within one year 6 724,370 769,954
NET CURRENT ASSETS 2,388,579 916,018
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,095,847

2,448,034

CREDITORS
Amounts falling due after more than one
year

7

-

(21,691

)

PROVISIONS FOR LIABILITIES (176,817 ) (176,941 )
NET ASSETS 2,919,030 2,249,402

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 2,918,830 2,249,202
SHAREHOLDERS' FUNDS 2,919,030 2,249,402

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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.

M & J Thistlethwaite (Earthworks)
Limited (Registered number: 04632515)

Balance Sheet - continued
31st January 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 30th October 2024 and were signed on its behalf by:





Mr R Sharples - Director


M & J Thistlethwaite (Earthworks)
Limited (Registered number: 04632515)

Notes to the Financial Statements
for the year ended 31st January 2024

1. STATUTORY INFORMATION

M & J Thistlethwaite (Earthworks) 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.
Land and buildings - Straight line over 50 years
Plant and machinery etc - 25% on reducing balance, 20% on cost and 10% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

M & J Thistlethwaite (Earthworks)
Limited (Registered number: 04632515)

Notes to the Financial Statements - continued
for the year ended 31st January 2024

2. ACCOUNTING POLICIES - continued

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st February 2023 846,722 1,877,641 2,724,363
Additions - 177,311 177,311
Disposals (846,722 ) (435,872 ) (1,282,594 )
At 31st January 2024 - 1,619,080 1,619,080
DEPRECIATION
At 1st February 2023 22,470 1,169,877 1,192,347
Charge for year - 148,047 148,047
Eliminated on disposal (22,470 ) (406,112 ) (428,582 )
At 31st January 2024 - 911,812 911,812
NET BOOK VALUE
At 31st January 2024 - 707,268 707,268
At 31st January 2023 824,252 707,764 1,532,016

M & J Thistlethwaite (Earthworks)
Limited (Registered number: 04632515)

Notes to the Financial Statements - continued
for the year ended 31st January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st February 2023 154,380
Transfer to ownership (59,730 )
At 31st January 2024 94,650
DEPRECIATION
At 1st February 2023 16,227
Charge for year 15,438
Transfer to ownership (11,946 )
At 31st January 2024 19,719
NET BOOK VALUE
At 31st January 2024 74,931
At 31st January 2023 138,153

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 947,438 702,769
Other debtors 928,563 51,585
1,876,001 754,354

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 223,711
Hire purchase contracts 21,691 38,527
Trade creditors 138,221 202,302
Taxation and social security 552,691 288,914
Other creditors 11,767 16,500
724,370 769,954

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 21,691

M & J Thistlethwaite (Earthworks)
Limited (Registered number: 04632515)

Notes to the Financial Statements - continued
for the year ended 31st January 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 21,691 60,218

9. RELATED PARTY DISCLOSURES

The company's directors and shareholders are also directors and shareholders of Green Orchard Enterprises Limited.

During the year, the company loaned Green Orchard Enterprises Limited £907,848 in the form of a loan, no interest was charged.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr M and Mrs J Thistlethwaite.