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
Thorngate Place Properties Limited
Company Information
for the period from 31 October 2023 to 31 October 2024
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
Thorngate Place Properties Limited
Statement of financial position
as at 31 October 2024
Investment property
1,363,718
1,353,428
Cash at bank and in hand
96,279
111,692
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
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
Thorngate Place Properties Limited
Notes to the Accounts
for the period from 31 October 2023 to 31 October 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 is included at market fair value. Gains are recognised in the income statement.
Fair value at 31 October 2023
1,353,428
At 31 October 2024
1,363,718
Amounts falling due within one year
Accrued income and prepayments
2,081
596
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
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
8
Average number of employees
During the period the average number of employees was 1 (2023: 1).