Acorah Software Products - Accounts Production 16.0.110 false true 31 October 2023 1 September 2022 false 1 November 2023 31 October 2024 31 October 2024 07439192 Mr Kirk Thompson Mrs Colette Thompson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07439192 2023-10-31 07439192 2024-10-31 07439192 2023-11-01 2024-10-31 07439192 frs-core:CurrentFinancialInstruments 2024-10-31 07439192 frs-core:Non-currentFinancialInstruments 2024-10-31 07439192 frs-core:MotorVehicles 2024-10-31 07439192 frs-core:MotorVehicles 2023-11-01 2024-10-31 07439192 frs-core:MotorVehicles 2023-10-31 07439192 frs-core:PlantMachinery 2024-10-31 07439192 frs-core:PlantMachinery 2023-11-01 2024-10-31 07439192 frs-core:PlantMachinery 2023-10-31 07439192 frs-core:ShareCapital 2024-10-31 07439192 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 07439192 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07439192 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 07439192 frs-bus:SmallEntities 2023-11-01 2024-10-31 07439192 frs-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 07439192 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07439192 frs-bus:Director1 2023-11-01 2024-10-31 07439192 frs-bus:Director2 2023-11-01 2024-10-31 07439192 frs-countries:EnglandWales 2023-11-01 2024-10-31 07439192 2022-08-31 07439192 2023-10-31 07439192 2022-09-01 2023-10-31 07439192 frs-core:CurrentFinancialInstruments 2023-10-31 07439192 frs-core:Non-currentFinancialInstruments 2023-10-31 07439192 frs-core:ShareCapital 2023-10-31 07439192 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 07439192
Thompson Tree (Northants) Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Michael Paul Accountants Limited
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Thompson Tree (Northants) Ltd for the year ended 31 October 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Thompson Tree (Northants) Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Thompson Tree (Northants) Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Thompson Tree (Northants) Ltd and state those matters that we have agreed to state to the directors of Thompson Tree (Northants) Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Thompson Tree (Northants) Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Thompson Tree (Northants) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Thompson Tree (Northants) Ltd . You consider that Thompson Tree (Northants) Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Thompson Tree (Northants) Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
07/01/2025
Michael Paul Accountants Limited
A member of the Association of Chartered Certified Accountants
Studio 2, Lamport Manor
Old Road, Lamport
Northampton
Northamptonshire
NN6 9HF
Page 1
Page 2
Balance Sheet
Registered number: 07439192
31 October 2024 31 October 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,693 4,768
17,693 4,768
CURRENT ASSETS
Debtors 5 58,706 20,397
Cash at bank and in hand 14,274 35,943
72,980 56,340
Creditors: Amounts Falling Due Within One Year 6 (53,558 ) (37,587 )
NET CURRENT ASSETS (LIABILITIES) 19,422 18,753
TOTAL ASSETS LESS CURRENT LIABILITIES 37,115 23,521
Creditors: Amounts Falling Due After More Than One Year 7 (4,359 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,689 ) -
NET ASSETS 28,067 23,521
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 27,967 23,421
SHAREHOLDERS' FUNDS 28,067 23,521
Page 2
Page 3
For the year ending 31 October 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Kirk Thompson
Director
07/01/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Thompson Tree (Northants) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07439192 . The registered office is Studio 2, Lamport Manor Old Road, Lamport, Northampton, NN6 9HF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
2.4. 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 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
...CONTINUED
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2.4. Taxation - continued
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 6)
6 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2023 8,405 22,049 30,454
Additions - 19,250 19,250
Disposals - (11,020 ) (11,020 )
As at 31 October 2024 8,405 30,279 38,684
Depreciation
As at 1 November 2023 5,445 20,241 25,686
Provided during the period 739 5,158 5,897
Disposals - (10,592 ) (10,592 )
As at 31 October 2024 6,184 14,807 20,991
Net Book Value
As at 31 October 2024 2,221 15,472 17,693
As at 1 November 2023 2,960 1,808 4,768
5. Debtors
31 October 2024 31 October 2023
£ £
Due within one year
Trade debtors 58,706 18,334
Other debtors - 2,063
58,706 20,397
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Page 6
6. Creditors: Amounts Falling Due Within One Year
31 October 2024 31 October 2023
£ £
Trade creditors 249 1,047
Bank loans and overdrafts 12,478 18,627
Other loans 10,000 3,000
Other creditors 8,631 600
Taxation and social security 22,200 14,313
53,558 37,587
7. Creditors: Amounts Falling Due After More Than One Year
31 October 2024 31 October 2023
£ £
Bank loans 4,359 -
8. Share Capital
31 October 2024 31 October 2023
£ £
Allotted, Called up and fully paid 100 100
Page 6