Company Registration No. NI610003 (Northern Ireland)
Thorn Bio-Scientific Limited
Unaudited accounts
for the year ended 30 November 2024
Thorn Bio-Scientific Limited
Unaudited accounts
Contents
Thorn Bio-Scientific Limited
Company Information
for the year ended 30 November 2024
Directors
Anita Thorn
James Thorn
Company Number
NI610003 (Northern Ireland)
Registered Office
A D Pottie L L B
1 Church Street
Fintona
Omagh
County Tyrone
BT78 2BR
Northern Ireland
Accountants
Lane Accounting Limited
Denmark House, 143 High St,
Chalfont St Peter,
Gerrards Cross
Buckinghamshire
SL9 9QL
Thorn Bio-Scientific Limited
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
124,118
150,007
Creditors: amounts falling due within one year
(58,799)
(88,795)
Net current assets
65,319
61,212
Called up share capital
30
30
Profit and loss account
66,448
62,047
Shareholders' funds
66,478
62,077
For the year ending 30 November 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
Anita Thorn
Director
Company Registration No. NI610003
Thorn Bio-Scientific Limited
Notes to the Accounts
for the year ended 30 November 2024
Thorn Bio-Scientific Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI610003. The registered office is A D Pottie L L B, 1 Church Street, Fintona, Omagh, County Tyrone, BT78 2BR, Northern Ireland.
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:
Fixtures & fittings
20% per annum reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Fixtures & fittings
Thorn Bio-Scientific Limited
Notes to the Accounts
for the year ended 30 November 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,901
18,365
Loans from directors
38,838
59,039
At 30th November 2024 Dr A Thorn & Mr J Thorn were owed £38,838 (2023 - £59,039 by the company. This is an interest
bearing loan. During the year the company was charged £2,385 interest. The loan is repayable on demand.
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Average number of employees
During the year the average number of employees was 2 (2023: 2).