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Company Registration No. 13194992 (England and Wales)
Simple Thistle Ltd Unaudited accounts for the period from 1 March 2023 to 28 February 2024
Simple Thistle Ltd Unaudited accounts Contents
Page
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Simple Thistle Ltd Company Information for the period from 1 March 2023 to 28 February 2024
Director
James Mottershaw
Company Number
13194992 (England and Wales)
Registered Office
52 LEE LANE HEANOR DE75 7HN ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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Simple Thistle Ltd Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
1,000 
1,000 
Cash at bank and in hand
1 
5 
1,001 
1,005 
Creditors: amounts falling due within one year
(2,098)
(1,607)
Net current liabilities
(1,097)
(602)
Net liabilities
(1,097)
(602)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(1,107)
(612)
Shareholders' funds
(1,097)
(602)
For the period ending 28 February 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 28 November 2024 and were signed on its behalf by
James Mottershaw Director Company Registration No. 13194992
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Simple Thistle Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
Simple Thistle Ltd is a private company, limited by shares, registered in England and Wales, registration number 13194992. The registered office is 52 LEE LANE, HEANOR, DE75 7HN, ENGLAND.
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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
1,919 
1,428 
Accruals
179 
179 
2,098 
1,607 
5
Average number of employees
During the period the average number of employees was 1 (2023: 1).
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