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Company Registration No. 12078270 (England and Wales)
Thorpeys Ltd Unaudited accounts for the year ended 31 July 2024
Thorpeys Ltd Unaudited accounts Contents
Page
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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
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Thorpeys Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
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 
Net assets
74,354 
69,390 
Capital and reserves
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
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Thorpeys Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
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 year, 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 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 
£ 
Cost or valuation
At cost 
At 1 August 2023
4,117 
At 31 July 2024
4,117 
Depreciation
At 1 August 2023
4,117 
At 31 July 2024
4,117 
Net book value
At 31 July 2024
- 
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Thorpeys Ltd Notes to the Accounts for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
550 
- 
Taxes and social security
1,634 
2,234 
Other creditors
3,000 
3,000 
Loans from directors
4,587 
4,216 
Accruals
300 
550 
10,071 
10,000 
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).
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