Acorah Software Products - Accounts Production 16.1.300 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 09292632 Mr Jack Thompson Thompsons Group Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09292632 2023-11-30 09292632 2024-11-30 09292632 2023-12-01 2024-11-30 09292632 frs-core:CurrentFinancialInstruments 2024-11-30 09292632 frs-core:Non-currentFinancialInstruments 2024-11-30 09292632 frs-core:BetweenOneFiveYears 2024-11-30 09292632 frs-core:ComputerEquipment 2023-12-01 2024-11-30 09292632 frs-core:FurnitureFittings 2024-11-30 09292632 frs-core:FurnitureFittings 2023-12-01 2024-11-30 09292632 frs-core:FurnitureFittings 2023-11-30 09292632 frs-core:MoreThanFiveYears 2024-11-30 09292632 frs-core:MotorVehicles 2024-11-30 09292632 frs-core:MotorVehicles 2023-12-01 2024-11-30 09292632 frs-core:MotorVehicles 2023-11-30 09292632 frs-core:PlantMachinery 2024-11-30 09292632 frs-core:PlantMachinery 2023-12-01 2024-11-30 09292632 frs-core:PlantMachinery 2023-11-30 09292632 frs-core:WithinOneYear 2024-11-30 09292632 frs-core:ShareCapital 2024-11-30 09292632 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 09292632 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09292632 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 09292632 frs-bus:SmallEntities 2023-12-01 2024-11-30 09292632 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09292632 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09292632 1 2023-12-01 2024-11-30 09292632 frs-bus:Director1 2023-12-01 2024-11-30 09292632 frs-countries:EnglandWales 2023-12-01 2024-11-30 09292632 2022-11-30 09292632 2023-11-30 09292632 2022-12-01 2023-11-30 09292632 frs-core:CurrentFinancialInstruments 2023-11-30 09292632 frs-core:Non-currentFinancialInstruments 2023-11-30 09292632 frs-core:BetweenOneFiveYears 2023-11-30 09292632 frs-core:MoreThanFiveYears 2023-11-30 09292632 frs-core:PlantMachinery 2022-12-01 2023-11-30 09292632 frs-core:WithinOneYear 2023-11-30 09292632 frs-core:ShareCapital 2023-11-30 09292632 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 09292632
Thompson Tree Services (UK) Ltd
Financial Statements
For The Year Ended 30 November 2024
Gravitate Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09292632
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 302,553 313,977
302,553 313,977
CURRENT ASSETS
Debtors 5 573,753 909,123
Cash at bank and in hand 1,030,919 375,668
1,604,672 1,284,791
Creditors: Amounts Falling Due Within One Year 6 (523,636 ) (393,002 )
NET CURRENT ASSETS (LIABILITIES) 1,081,036 891,789
TOTAL ASSETS LESS CURRENT LIABILITIES 1,383,589 1,205,766
Creditors: Amounts Falling Due After More Than One Year 7 (89,248 ) (148,747 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (72,472 ) (75,126 )
NET ASSETS 1,221,869 981,893
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 1,221,769 981,793
SHAREHOLDERS' FUNDS 1,221,869 981,893
Page 1
Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jack Thompson
Director
18th March 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Thompson Tree Services (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09292632 . The registered office is Ashleigh House, Cromford Road, Wirksworth, Matlock, DE4 4FR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% & 12.5% Straight Line
Motor Vehicles 25% Straight Line
Fixtures & Fittings 15% Reducing Balance & 10 Years Straight Line
Computer Equipment 33% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Financial Instruments
Debtors and creditors with no stated interest rate, and repayable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit or loss account within overheads. 
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. 
The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 27 (2023: 22)
27 22
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 December 2023 370,803 44,170 22,561 437,534
Additions 15,382 - 15,077 30,459
Disposals - (23,680 ) - (23,680 )
As at 30 November 2024 386,185 20,490 37,638 444,313
Depreciation
As at 1 December 2023 67,732 42,297 13,528 123,557
Provided during the period 37,695 - 2,690 40,385
Disposals - (22,182 ) - (22,182 )
As at 30 November 2024 105,427 20,115 16,218 141,760
Net Book Value
As at 30 November 2024 280,758 375 21,420 302,553
As at 1 December 2023 303,071 1,873 9,033 313,977
Page 4
Page 5
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Plant & Machinery 256,101 286,131
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 420,481 296,187
Prepayments and accrued income 150,832 181,147
Other debtors 2,440 5,145
Amounts owed by group undertakings - 426,644
573,753 909,123
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 59,499 59,499
Trade creditors 42,011 20,270
Other taxes and social security 314,107 276,018
Other creditors 13,001 10,107
Accruals and deferred income 95,018 27,108
523,636 393,002
Obligations under finance lease and hire purchase contracts are secured against the relevant assets.
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 89,248 148,747
Obligations under finance lease and hire purchase contracts are secured against the relevant assets.
8. Deferred Taxation
The provision for deferred tax is made up entirely of accelerated capital allowances as follows:
2024 2023
£ £
Other timing differences 72,472 75,126
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5
Page 6
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 4,437 7,674
Later than one year and not later than five years 4,800 8,037
Later than five years 2,400 3,600
11,637 19,311
11. Pension Commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £77,425 (2023: £72,521). Contributions totalling £Nil (2023: £2,106) were payable to the fund at the Balance Sheet date and are included in creditors.
12. Related Party Transactions
Included within Other Creditors are loans from related parties amounting to £13,000 (PY:£8,000). These loans are unsecured, interest free and repayable on demand.
13. Ultimate Controlling Party
The ultimate holding company of Thompson Tree Services (UK) Ltd is Thompsons Group Ltd whose registered office address is Ashleigh House, Cromford Road, Wirksworth, Matlock, DE4 4FR.
Page 6