Company Registration No. 6774579 (England and Wales)
Thorne PR Ltd
Unaudited accounts
for the year ended 31 December 2024
Thorne PR Ltd
Unaudited accounts
Contents
Thorne PR Ltd
Company Information
for the year ended 31 December 2024
Directors
D Thorne
Mrs C Thorne
Company Number
6774579 (England and Wales)
Registered Office
Thorne PR Ltd
Queen Square
Leeds
West Yorkshire
LS2 8AJ
Accountants
Pearson & Associates
Suite E, Canal Wharf
Eshton Road
Gargrave, Skipton
North Yorkshire
BD23 3SE
Thorne PR Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
2,188
2,800
Cash at bank and in hand
4,655
1,250
Creditors: amounts falling due within one year
(6,346)
(3,513)
Net current liabilities
(1,691)
(2,263)
Called up share capital
100
100
Profit and loss account
397
437
Shareholders' funds
497
537
For the year ending 31 December 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 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 of Directors and authorised for issue on 6 February 2025 and were signed on its behalf by
D Thorne
Director
Company Registration No. 6774579
Thorne PR Ltd
Notes to the Accounts
for the year ended 31 December 2024
Thorne PR Ltd is a private company, limited by shares, registered in England and Wales, registration number 6774579. The registered office is Thorne PR Ltd, Queen Square, Leeds, West Yorkshire, LS2 8AJ.
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 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.
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
33% on Cost
Computer equipment
25% on Cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
617
4,587
5,204
At 31 December 2024
617
4,587
5,204
At 1 January 2024
617
1,787
2,404
Charge for the year
-
612
612
At 31 December 2024
617
2,399
3,016
At 31 December 2024
-
2,188
2,188
At 31 December 2023
-
2,800
2,800
Thorne PR Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,255
3,194
Loans from directors
91
319
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).