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REGISTERED NUMBER: 02839605 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Sablethorn Limited

Sablethorn Limited (Registered number: 02839605)






Contents of the Financial Statements
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sablethorn Limited

Company Information
for the year ended 31 July 2024







DIRECTOR: A W Lawson





SECRETARY: Mrs D G Lawson





REGISTERED OFFICE: Warden House
37 Manor Road
Colchester
Essex
CO3 3LX





REGISTERED NUMBER: 02839605 (England and Wales)





ACCOUNTANTS: Tile & Co Essex Ltd
Warden House
37 Manor Road
Colchester
Essex
CO3 3LX

Sablethorn Limited (Registered number: 02839605)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,676 3,111

CURRENT ASSETS
Debtors 5 62,448 62,645
Cash at bank 439,026 58,671
501,474 121,316
CREDITORS
Amounts falling due within one year 6 266,461 (40,799 )
NET CURRENT ASSETS 235,013 162,115
TOTAL ASSETS LESS CURRENT
LIABILITIES

236,689

165,226

CREDITORS
Amounts falling due after more than one
year

7

(8,773

)

(19,062

)

PROVISIONS FOR LIABILITIES (112 ) (307 )
NET ASSETS 227,804 145,857

CAPITAL AND RESERVES
Called up share capital 2 2
Special reserve 96,470 96,470
Retained earnings 131,332 49,385
SHAREHOLDERS' FUNDS 227,804 145,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:




A W Lawson - Director


Sablethorn Limited (Registered number: 02839605)

Notes to the Financial Statements
for the year ended 31 July 2024

1. STATUTORY INFORMATION

Sablethorn Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost and 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Sablethorn Limited (Registered number: 02839605)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 220,148
Additions 1,312
At 31 July 2024 221,460
DEPRECIATION
At 1 August 2023 217,037
Charge for year 2,747
At 31 July 2024 219,784
NET BOOK VALUE
At 31 July 2024 1,676
At 31 July 2023 3,111

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 61,824 59,113
Other debtors 624 3,532
62,448 62,645

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,289 10,035
Trade creditors 343,612 195,927
Taxation and social security 36,092 16,771
Other creditors (123,532 ) (263,532 )
266,461 (40,799 )

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 8,773 19,062

8. RELATED PARTY DISCLOSURES

Mr A Lawson supplied catering equipment and consultancy services to the company for resale to the company's customers throughout the year. The value of goods and services supplied amounted to £115,000 (2023 £26,000). The company occupies premises partly owned by the Director. The rent paid during the year amounted to £10,000 (2023 £10,000).

9. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr A W Lawson.