IRIS Accounts Production v25.1.4.42 03776945 director 1.3.24 28.2.25 28.2.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037769452024-02-29037769452025-02-28037769452024-03-012025-02-28037769452023-02-28037769452023-03-012024-02-29037769452024-02-2903776945ns15:EnglandWales2024-03-012025-02-2803776945ns14:PoundSterling2024-03-012025-02-2803776945ns10:Director12024-03-012025-02-2803776945ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2803776945ns10:SmallEntities2024-03-012025-02-2803776945ns10:AuditExemptWithAccountantsReport2024-03-012025-02-2803776945ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2803776945ns10:FullAccounts2024-03-012025-02-280377694512024-03-012025-02-2803776945ns10:CompanySecretary12024-03-012025-02-2803776945ns10:RegisteredOffice2024-03-012025-02-2803776945ns5:CurrentFinancialInstruments2025-02-2803776945ns5:CurrentFinancialInstruments2024-02-2903776945ns5:ShareCapital2025-02-2803776945ns5:ShareCapital2024-02-2903776945ns5:RetainedEarningsAccumulatedLosses2025-02-2803776945ns5:RetainedEarningsAccumulatedLosses2024-02-2903776945ns5:NetGoodwill2024-03-012025-02-2803776945ns5:IntangibleAssetsOtherThanGoodwill2024-03-012025-02-2803776945ns5:PlantMachinery2024-03-012025-02-2803776945ns5:NetGoodwill2024-02-2903776945ns5:NetGoodwill2025-02-2803776945ns5:NetGoodwill2024-02-2903776945ns5:LeaseholdImprovements2024-02-2903776945ns5:ComputerEquipment2024-02-2903776945ns5:LeaseholdImprovements2024-03-012025-02-2803776945ns5:ComputerEquipment2024-03-012025-02-2803776945ns5:LeaseholdImprovements2025-02-2803776945ns5:ComputerEquipment2025-02-2803776945ns5:LeaseholdImprovements2024-02-2903776945ns5:ComputerEquipment2024-02-2903776945ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2803776945ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-29
REGISTERED NUMBER: 03776945 (England and Wales)















Thatched Owners Insurance Services
Limited

Financial Statements For The Year Ended 28 February 2025






Thatched Owners Insurance Services
Limited (Registered number: 03776945)






Contents of the Financial Statements
For The Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Thatched Owners Insurance Services
Limited

Company Information
For The Year Ended 28 February 2025







DIRECTOR: T A New





SECRETARY: Pyrmont Limited





REGISTERED OFFICE: The Straw Barn
Upton End Farm Business Park
Meppershall Road
Shillington
Bedfordshire
SG5 3PF





REGISTERED NUMBER: 03776945 (England and Wales)





ACCOUNTANTS: Premier Accountancy
Upton End Farm Business Park
Meppershall Road
Shillington
Bedfordshire
SG5 3PF

Thatched Owners Insurance Services
Limited (Registered number: 03776945)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 52,261 52,261
Tangible assets 5 - 27,480
52,261 79,741

CURRENT ASSETS
Debtors 6 72,540 26,093
Cash at bank 278,251 191,648
350,791 217,741
CREDITORS
Amounts falling due within one year 7 133,014 72,831
NET CURRENT ASSETS 217,777 144,910
TOTAL ASSETS LESS CURRENT
LIABILITIES

270,038

224,651

CAPITAL AND RESERVES
Called up share capital 45,000 45,000
Retained earnings 225,038 179,651
SHAREHOLDERS' FUNDS 270,038 224,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Thatched Owners Insurance Services
Limited (Registered number: 03776945)

Balance Sheet - continued
28 February 2025


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 4 April 2025 and were signed by:





T A New - Director


Thatched Owners Insurance Services
Limited (Registered number: 03776945)

Notes to the Financial Statements
For The Year Ended 28 February 2025

1. STATUTORY INFORMATION

Thatched Owners Insurance Services 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.

Goodwill
Interlectural Property, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 20% on cost and 10% on cost

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.

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.

Thatched Owners Insurance Services
Limited (Registered number: 03776945)

Notes to the Financial Statements - continued
For The Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2024
and 28 February 2025 52,261
NET BOOK VALUE
At 28 February 2025 52,261
At 29 February 2024 52,261

5. TANGIBLE FIXED ASSETS
Improvements
to Computer
property equipment Totals
£    £    £   
COST
At 1 March 2024
and 28 February 2025 120,895 8,822 129,717
DEPRECIATION
At 1 March 2024 93,415 8,822 102,237
Charge for year 27,480 - 27,480
At 28 February 2025 120,895 8,822 129,717
NET BOOK VALUE
At 28 February 2025 - - -
At 29 February 2024 27,480 - 27,480

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 57,260 26,093
Other debtors 15,280 -
72,540 26,093

Thatched Owners Insurance Services
Limited (Registered number: 03776945)

Notes to the Financial Statements - continued
For The Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 1,046 -
Trade creditors 83,006 38,797
Taxation and social security 26,757 28,286
Other creditors 22,205 5,748
133,014 72,831

Thatched Owners Insurance Services
Limited

Report of the Accountants to the Director of
Thatched Owners Insurance Services
Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2025 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Premier Accountancy
Upton End Farm Business Park
Meppershall Road
Shillington
Bedfordshire
SG5 3PF


6 April 2025