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Company Registration No. 05410919 (England and Wales)
Thorngate Place Properties Limited Unaudited accounts for the period from 31 October 2023 to 31 October 2024
Thorngate Place Properties Limited Unaudited accounts Contents
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Thorngate Place Properties Limited Company Information for the period from 31 October 2023 to 31 October 2024
Director
David Liddle
Company Number
05410919 (England and Wales)
Registered Office
118 Coniscliffe Road Darlington County Durham DL3 7RW England
Accountants
Jane Ascroft Accountancy Limited Enterprise House Harmire Enterprise Park Barnard Castle County Durham DL12 8XT
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Thorngate Place Properties Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,363,718 
1,353,428 
Current assets
Debtors
3,831 
4,346 
Cash at bank and in hand
96,279 
111,692 
100,110 
116,038 
Creditors: amounts falling due within one year
(4,253)
(6,031)
Net current assets
95,857 
110,007 
Total assets less current liabilities
1,459,575 
1,463,435 
Creditors: amounts falling due after more than one year
(922,420)
(990,911)
Net assets
537,155 
472,524 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
384,595 
397,523 
Profit and loss account
152,559 
75,000 
Shareholders' funds
537,155 
472,524 
For the period ending 31 October 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 July 2025 and were signed on its behalf by
David Liddle Director Company Registration No. 05410919
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Thorngate Place Properties Limited Notes to the Accounts for the period from 31 October 2023 to 31 October 2024
1
Statutory information
Thorngate Place Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 05410919. The registered office is 118 Coniscliffe Road, Darlington, County Durham, DL3 7RW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement.
4
Investment property
2024 
£ 
Fair value at 31 October 2023
1,353,428 
Additions
165,000 
Disposals
(154,710)
At 31 October 2024
1,363,718 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
2,081 
596 
Other debtors
1,750 
3,750 
3,831 
4,346 
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Thorngate Place Properties Limited Notes to the Accounts for the period from 31 October 2023 to 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
299 
92 
Other creditors
2,455 
3,750 
Accruals
538 
444 
Deferred income
961 
1,745 
4,253 
6,031 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
534,343 
671,194 
Loans from directors
388,077 
319,717 
922,420 
990,911 
8
Average number of employees
During the period the average number of employees was 1 (2023: 1).
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