Company Registration No. 12394109 (England and Wales)
Thoroughly Wood Furniture Ltd
Unaudited accounts
for the year ended 31 December 2024
Thoroughly Wood Furniture Ltd
Unaudited accounts
Contents
Thoroughly Wood Furniture Ltd
Company Information
for the year ended 31 December 2024
Company Number
12394109 (England and Wales)
Registered Office
LYMBRIDGE GREEN FARM LYMBRIDGE GREEN
STOWTING COMMON
ASHFORD
TN25 6BJ
ENGLAND
Accountants
Sankey Bookkeeping & Accountancy Ltd
Sankey Cottage
Orgarswick Farm Lane
Burmarsh
Romney Marsh
Kent
TN29 0HX
Thoroughly Wood Furniture Ltd
Accountants' report
Accountants' report to the director of Thoroughly Wood Furniture Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 December 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Sankey Bookkeeping & Accountancy Ltd
Sankey Cottage
Orgarswick Farm Lane
Burmarsh
Romney Marsh
Kent
TN29 0HX
8 February 2025
Thoroughly Wood Furniture Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
6,836
254
Creditors: amounts falling due within one year
(6,812)
(15,830)
Net current assets
6,003
4,270
Called up share capital
10
10
Profit and loss account
5,994
4,507
Shareholders' funds
6,004
4,517
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 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 9 February 2025 and were signed on its behalf by
RK Lineham
Director
Company Registration No. 12394109
Thoroughly Wood Furniture Ltd
Notes to the Accounts
for the year ended 31 December 2024
Thoroughly Wood Furniture Ltd is a private company, limited by shares, registered in England and Wales, registration number 12394109. The registered office is LYMBRIDGE GREEN FARM LYMBRIDGE GREEN, STOWTING COMMON, ASHFORD, TN25 6BJ, 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.
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.
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:
4
Tangible fixed assets
Computer equipment
Thoroughly Wood Furniture Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
-
6,011
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,997
1,650
Loans from directors
400
4,058
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).