Company registration number 09200259 (England and Wales)
PAUL THORNE LTD
COMPANY LIMITED BY SHARES
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
PAUL THORNE LTD
COMPANY LIMITED BY SHARES
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PAUL THORNE LTD FOR THE YEAR ENDED 31 OCTOBER 2024
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Paul Thorne Ltd for the year ended 31 October 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
This report is made solely to the board of directors of Paul Thorne Ltd, as a body, in accordance with the terms of our engagement letter dated 25 March 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Paul Thorne Ltd and state those matters that we have agreed to state to the board of directors of Paul Thorne Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Paul Thorne Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Paul Thorne Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Paul Thorne Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Paul Thorne Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Azets
1 April 2025
Lime Court
Pathfields Business Park
South Molton
Devon
EX36 3LH
PAUL THORNE LTD
COMPANY LIMITED BY SHARES
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
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2024
2023
£
£
£
£
Fixed assets
60,722
44,730
Current assets
45,121
51,124
Prepayments and accrued income
447
213
Creditors: amounts falling due within one year
(36,862)
(31,932)
Net current assets
8,706
19,405
Total assets less current liabilities
69,428
64,135
Creditors: amounts falling due after more than one year
(3,547)
Net assets
69,428
60,588
Capital and reserves
69,428
60,588
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
Paul Thorne Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Bentwitchen Barn, Bentwitchen, South Molton, Devon, United Kingdom, EX36 3HA.
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
(e) the company has relied on the specified exemption as a micro company contained in section 352 Companies Act 2014; the company has done so on the grounds that it is entitled to the benefit of that exemption as a small company and we confirm that the abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.true
PAUL THORNE LTD
COMPANY LIMITED BY SHARES
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2024
31 October 2024
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The financial statements were approved by the board of directors and authorised for issue on 28 March 2025 and are signed on its behalf by:
Mr P W Thorne
Director
Company registration number 09200259 (England and Wales)