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REGISTERED NUMBER: 06396325 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Thornbrook Ventilation Ltd

Thornbrook Ventilation Ltd (Registered number: 06396325)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Thornbrook Ventilation Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: D J Easterbrook



REGISTERED OFFICE: 25 Damson Close
Abbeymead
Gloucester
Gloucestershire
GL4 5BW



REGISTERED NUMBER: 06396325 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Barclays Bank PLC
Leicester
LE87 2BB

Thornbrook Ventilation Ltd (Registered number: 06396325)

Statement of Financial Position
31 October 2024

31/10/24 31/10/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,318 5,612
Investments 5 595 595
4,913 6,207

CURRENT ASSETS
Stocks 1,200 1,200
Debtors 6 174,209 184,521
Cash at bank 8,801 24,397
184,210 210,118
CREDITORS
Amounts falling due within one year 7 130,884 123,056
NET CURRENT ASSETS 53,326 87,062
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,239

93,269

CREDITORS
Amounts falling due after more than one
year

8

(39,994

)

(39,994

)

PROVISIONS FOR LIABILITIES (1,079 ) (1,403 )
NET ASSETS 17,166 51,872

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,066 51,772
SHAREHOLDERS' FUNDS 17,166 51,872

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Thornbrook Ventilation Ltd (Registered number: 06396325)

Statement of Financial Position - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2025 and were signed by:





D J Easterbrook - Director


Thornbrook Ventilation Ltd (Registered number: 06396325)

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


1. STATUTORY INFORMATION

Thornbrook Ventilation Ltd 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Thornbrook Ventilation Ltd (Registered number: 06396325)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Cost
At 1 November 2023 12,109 1,372 13,481
Additions 145 - 145
At 31 October 2024 12,254 1,372 13,626
Depreciation
At 1 November 2023 7,242 627 7,869
Charge for year 1,253 186 1,439
At 31 October 2024 8,495 813 9,308
Net book value
At 31 October 2024 3,759 559 4,318
At 31 October 2023 4,867 745 5,612

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31/10/24 31/10/23
£    £   
Fixed asset investments 595 595

6. DEBTORS
31/10/24 31/10/23
£    £   
Amounts falling due within one year:
Trade debtors 10,094 5,383
Other debtors 119,913 134,936
130,007 140,319

Amounts falling due after more than one year:
Other debtors 44,202 44,202

Aggregate amounts 174,209 184,521

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 8,533 5,235
Taxation and social security 115,138 110,860
Other creditors 2,213 1,961
130,884 123,056

Thornbrook Ventilation Ltd (Registered number: 06396325)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/24 31/10/23
£    £   
Bank loans 39,994 39,994

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 19,994 19,994

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31/10/24 31/10/23
£    £   
D J Easterbrook
Balance outstanding at start of year 134,499 114,964
Amounts advanced 80,405 104,688
Amounts repaid (95,397 ) (85,153 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 119,507 134,499

The above loan to the director, included within other debtors, is unsecured and has no fixed repayment terms. Interest of £2,826 (2023 - £2,648) has been charged on the loan at HMRC's official rates of interest.

10. RELATED PARTY DISCLOSURES

A personal guarantee has been provided by D J Easterbrook on a loan taken out by the company.