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Company Registration No. 06091099 (England and Wales)
Rick Thorpe Wood Design Limited Unaudited accounts for the year ended 31 January 2025
Rick Thorpe Wood Design Limited Unaudited accounts Contents
Page
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Rick Thorpe Wood Design Limited Company Information for the year ended 31 January 2025
Director
R Thorpe
Company Number
06091099 (England and Wales)
Registered Office
8 Tytherington Park Road Macclesfield Cheshire SK10 2EL England
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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Rick Thorpe Wood Design Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,168 
14,336 
Current assets
Inventories
1,293 
1,256 
Debtors
1,113 
1,113 
Cash at bank and in hand
6,824 
7,265 
9,230 
9,634 
Creditors: amounts falling due within one year
(51,543)
(57,623)
Net current liabilities
(42,313)
(47,989)
Total assets less current liabilities
(19,145)
(33,653)
Creditors: amounts falling due after more than one year
(28,789)
(22,358)
Provisions for liabilities
Deferred tax
(4,402)
(2,724)
Net liabilities
(52,336)
(58,735)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(52,338)
(58,737)
Shareholders' funds
(52,336)
(58,735)
For the year ending 31 January 2025 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 2 April 2025 and were signed on its behalf by
R Thorpe Director Company Registration No. 06091099
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Rick Thorpe Wood Design Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Rick Thorpe Wood Design Limited is a private company, limited by shares, registered in England and Wales, registration number 06091099. The registered office is 8 Tytherington Park Road, Macclesfield, Cheshire, SK10 2EL, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & machinery
20% per annum on a straight line basis
Motor vehicles
20% per annum on a straight line basis
Fixtures & fittings
20% per annum on a straight line basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
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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Rick Thorpe Wood Design Limited Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
48,122 
21,605 
10,028 
79,755 
Additions
25,167 
- 
- 
25,167 
Disposals
(17,800)
- 
- 
(17,800)
At 31 January 2025
55,489 
21,605 
10,028 
87,122 
Depreciation
At 1 February 2024
38,380 
17,289 
9,750 
65,419 
Charge for the year
6,152 
2,881 
182 
9,215 
On disposals
(10,680)
- 
- 
(10,680)
At 31 January 2025
33,852 
20,170 
9,932 
63,954 
Net book value
At 31 January 2025
21,637 
1,435 
96 
23,168 
At 31 January 2024
9,742 
4,316 
278 
14,336 
2025 
2024 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
18,800 
7,120 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,113 
1,113 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,562 
3,615 
VAT
896 
925 
Obligations under finance leases and hire purchase contracts
2,791 
3,212 
Trade creditors
7,329 
8,910 
Taxes and social security
8,349 
8,536 
Loans from directors
99 
514 
Accruals
6,097 
6,097 
Deferred income
22,420 
25,814 
51,543 
57,623 
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Rick Thorpe Wood Design Limited Notes to the Accounts for the year ended 31 January 2025
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
15,390 
18,900 
Obligations under finance leases and hire purchase contracts
13,399 
3,458 
28,789 
22,358 
Liabilities under hire purchase agreements are secured on the assets to which they relate
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
1 A Ordinary Shares of £1 each
1 
1 
2 
2 
9
Average number of employees
During the year the average number of employees was 1 (2024: 2).
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