05732177falseBuilding Contractor2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/cd:Director32024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-04-012025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass42024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05732177

I Thorlby & Son Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025

Prepared By:
Lindrick Accountancy Services Limited
205 Outgang Lane
Sheffield
S25 3QY

I Thorlby & Son Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
I Thorlby
L Thorlby
M Trow
REGISTERED OFFICE
30 Sparken Dale
Worksop
NOTTS
S80 1BL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05732177
ACCOUNTANTS
Lindrick Accountancy Services Limited
205 Outgang Lane
Sheffield
S25 3QY

I Thorlby & Son Ltd

ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

I Thorlby & Son Ltd

BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets34,5615,808
CURRENT ASSETS
Stock731,953853,945
Debtors545,10483,308
Cash at bank and in hand1,335,758904,320
2,112,8151,841,573
CREDITORS: Amounts falling due within one year685,793132,743
NET CURRENT ASSETS2,027,0221,708,830
TOTAL ASSETS LESS CURRENT LIABILITIES2,031,5831,714,638
CAPITAL AND RESERVES
Called up share capital744
Profit and loss account2,031,5791,714,634
SHAREHOLDERS' FUNDS2,031,5831,714,638
For the year ending 31/03/2025 the company was entitled to exemption 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 directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 01/07/2025 and signed on their behalf by
.............................
I Thorlby
Director

I Thorlby & Son Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 33%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20252024
No.No.
Average number of employees11

I Thorlby & Son Ltd

3. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsEquipmentTotal
£££££
Cost
At 01/04/202424,0015,4941,07896131,534
Additions299---299
At 31/03/202524,3005,4941,07896131,833
Depreciation
At 01/04/202419,7294,1911,07872825,726
For the year1,143326-771,546
At 31/03/202520,8724,5171,07880527,272
Net Book Amounts
At 31/03/20253,428977-1564,561
At 31/03/20244,2721,303-2335,808
4. STOCK 20252024
££
Stock comprises:
Stock731,953853,945
731,953853,945
5. DEBTORS 20252024
££
Amounts falling due within one year
VAT466986
Prepayments8805,011
Accrued income43,75877,311
45,10483,308

I Thorlby & Son Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax-46,602
PAYE control41,36144,095
Directors current account9,4975,199
Trade creditors33,33535,547
Accruals1,6001,300
85,793132,743
7. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
1 A Ordinary shares of £1 each11
1 B Ordinary shares of £1 each11
1 C Ordinary shares of £1 each11
1 D Ordinary shares of £1 each11
44