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REGISTERED NUMBER: 09430509 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Throstle Nest Properties Limited

Throstle Nest Properties Limited (Registered number: 09430509)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Throstle Nest Properties Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr I C McShannon
Mrs C McShannon





REGISTERED OFFICE: Potter Place
West Pimbo Industrial Estate
Skelmersdale
Lancs
WN8 9PW





REGISTERED NUMBER: 09430509 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

Throstle Nest Properties Limited (Registered number: 09430509)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 960,674 812,000
960,674 812,000

CURRENT ASSETS
Debtors 6 1,012 838
Cash at bank 19,066 83,155
20,078 83,993
CREDITORS
Amounts falling due within one year 7 861,336 798,927
NET CURRENT LIABILITIES (841,258 ) (714,934 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

119,416

97,066

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 119,316 96,966
SHAREHOLDERS' FUNDS 119,416 97,066

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

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

The directors acknowledge their 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.

Throstle Nest Properties Limited (Registered number: 09430509)

Statement of Financial Position - continued
31 December 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by:





Mr I C McShannon - Director


Throstle Nest Properties Limited (Registered number: 09430509)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Throstle Nest Properties 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 - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

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

Throstle Nest Properties Limited (Registered number: 09430509)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 4,333
DEPRECIATION
At 1 January 2024
and 31 December 2024 4,333
NET BOOK VALUE
At 31 December 2024 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 812,000
Additions 148,674
At 31 December 2024 960,674
NET BOOK VALUE
At 31 December 2024 960,674
At 31 December 2023 812,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 1,012 838

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 6,357 5,841
Other creditors 854,979 793,086
861,336 798,927

Throstle Nest Properties Limited (Registered number: 09430509)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. RELATED PARTY DISCLOSURES

During the period the company received a loan from McShannon Trailer Sales Ltd, a company in which Mr & Mrs McShannon are directors. This is a loan, interest free and repayable on demand.The balance at the year end was £792,486 (2023: £792,136).

During the period the company received a loan from MTS Holdings Ltd, a company in which Mr & Mrs McShannon are directors. This is a loan, interest free and repayable on demand.The balance at the year end was £59,000 (2023: Nil).

9. ULTIMATE CONTROLLING PARTY

The controlling party is MTS Holdings (North West) Limited.