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REGISTERED NUMBER: 05826377 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2025

for

Thompson Motors (Boston) Limited

Thompson Motors (Boston) Limited (Registered number: 05826377)






Contents of the Financial Statements
for the Year Ended 31 May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Thompson Motors (Boston) Limited

Company Information
for the Year Ended 31 May 2025







DIRECTOR: I J Thompson





SECRETARY:





REGISTERED OFFICE: 14-16 Eastwood Road
Boston
Lincolnshire
PE21 0PH





REGISTERED NUMBER: 05826377 (England and Wales)





ACCOUNTANTS: Darron Abbott
135 London Road
Boston
Lincolnshire
PE21 7EZ

Thompson Motors (Boston) Limited (Registered number: 05826377)

Balance Sheet
31 May 2025

31.5.25 31.5.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,286 57,627

CURRENT ASSETS
Debtors 5 5,465 4,435
Cash at bank and in hand 239,124 164,192
244,589 168,627
CREDITORS
Amounts falling due within one year 6 40,120 18,330
NET CURRENT ASSETS 204,469 150,297
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,755

207,924

CREDITORS
Amounts falling due after more than
one year

7

1,125

11,626
NET ASSETS 226,630 196,298

Thompson Motors (Boston) Limited (Registered number: 05826377)

Balance Sheet - continued
31 May 2025

31.5.25 31.5.24
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 226,628 196,296
SHAREHOLDERS' FUNDS 226,630 196,298

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 July 2025 and were signed by:





I J Thompson - Director


Thompson Motors (Boston) Limited (Registered number: 05826377)

Notes to the Financial Statements
for the Year Ended 31 May 2025

1. STATUTORY INFORMATION

Thompson Motors (Boston) 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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.


Thompson Motors (Boston) Limited (Registered number: 05826377)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2024 31,526 3,069 72,500 2,772 109,867
Additions 2,703 - - - 2,703
Disposals - - (40,100 ) - (40,100 )
At 31 May 2025 34,229 3,069 32,400 2,772 72,470
DEPRECIATION
At 1 June 2024 28,632 2,845 18,125 2,638 52,240
Charge for year 840 34 6,075 20 6,969
Eliminated on disposal - - (10,025 ) - (10,025 )
At 31 May 2025 29,472 2,879 14,175 2,658 49,184
NET BOOK VALUE
At 31 May 2025 4,757 190 18,225 114 23,286
At 31 May 2024 2,894 224 54,375 134 57,627

Thompson Motors (Boston) Limited (Registered number: 05826377)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.5.25 31.5.24
£    £   
Other debtors 5,465 4,435

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.5.25 31.5.24
£    £   
Bank loans and overdrafts 10,248 9,971
Trade creditors 5,073 3,701
Taxation and social security 23,687 3,575
Other creditors 1,112 1,083
40,120 18,330

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.5.25 31.5.24
£    £   
Bank loans 1,125 11,626