Company Registration No. 12078270 (England and Wales)
Thorpeys Ltd
Unaudited accounts
for the year ended 31 July 2024
Thorpeys Ltd
Unaudited accounts
Contents
Thorpeys Ltd
Company Information
for the year ended 31 July 2024
Director
Christopher Thorpe
Company Number
12078270 (England and Wales)
Registered Office
28 Trusley brook
Hilton
Derby
Derbyshire
DE65 5LA
Accountants
SALLY WALTERS
25 CROMFORD ROAD
RIPLEY
DERBYSHIRE
DE5 3FP
Thorpeys Ltd
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
84,425
79,390
Creditors: amounts falling due within one year
(10,071)
(10,000)
Net current assets
74,354
69,390
Called up share capital
1
1
Profit and loss account
74,353
69,389
Shareholders' funds
74,354
69,390
For the year ending 31 July 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 20 December 2024 and were signed on its behalf by
Christopher Thorpe
Director
Company Registration No. 12078270
Thorpeys Ltd
Notes to the Accounts
for the year ended 31 July 2024
Thorpeys Ltd is a private company, limited by shares, registered in England and Wales, registration number 12078270. The registered office is 28 Trusley brook, Hilton, Derby, Derbyshire, DE65 5LA.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
over 3 years
4
Tangible fixed assets
Fixtures & fittings
Thorpeys Ltd
Notes to the Accounts
for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,634
2,234
Other creditors
3,000
3,000
Loans from directors
4,587
4,216
6
Transactions with related parties
The company is controlled by Christopher Thorpe, sole director and shareholder. At the end of the year the company owed Christopher Thorpe £4,587 (2023: £4,216). During the year the Company paid dividends of £2,000 (2023: £500).
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).