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REGISTERED NUMBER: SC235908 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Thorntrees Amenity Limited

Thorntrees Amenity Limited (Registered number: SC235908)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Thorntrees Amenity Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: P D Greenhalgh
C A Meyer





REGISTERED OFFICE: Units 13 and 14
Tweed Horizons Business Centre
Newtown St Boswells
Melrose
TD6 0SG





REGISTERED NUMBER: SC235908 (Scotland)





ACCOUNTANTS: EQ Accountants Ltd
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Thorntrees Amenity Limited (Registered number: SC235908)

Statement of Financial Position
31 December 2024

31/12/24 31/12/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 40,415 31,389
40,415 31,389

CURRENT ASSETS
Inventories 249,305 261,998
Debtors 6 36,724 76,906
Cash at bank and in hand 47,057 50,197
333,086 389,101
CREDITORS
Amounts falling due within one year 7 382,296 380,666
NET CURRENT (LIABILITIES)/ASSETS (49,210 ) 8,435
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,795

)

39,824

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (8,895 ) 39,724
SHAREHOLDERS' FUNDS (8,795 ) 39,824

Thorntrees Amenity Limited (Registered number: SC235908)

Statement of Financial Position - continued
31 December 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 16 July 2025 and were signed on its behalf by:




P D Greenhalgh - Director



C A Meyer - Director


Thorntrees Amenity Limited (Registered number: SC235908)

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

1. STATUTORY INFORMATION

Thorntrees Amenity Limited is a private company, limited by shares , registered in Scotland. 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty 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.
Motor vehicles - 25% on reducing balance
Office equipment - 33% on cost and 25% on reducing balance

Stocks
Inventories 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.

Thorntrees Amenity Limited (Registered number: SC235908)

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

2. ACCOUNTING POLICIES - continued

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.

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.

Going concern
The directors have considered the company's financial position and have begun a process of restructuring the business. This will ensure the company has adequate resources and can continue to trade for the foreseeable future. Accordingly, they continue to adopt the going concern basis to prepare the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 80,000
AMORTISATION
At 1 January 2024
and 31 December 2024 80,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

Thorntrees Amenity Limited (Registered number: SC235908)

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

5. PROPERTY, PLANT AND EQUIPMENT
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 69,227 2,958 72,185
Additions 27,300 - 27,300
Disposals (16,700 ) - (16,700 )
At 31 December 2024 79,827 2,958 82,785
DEPRECIATION
At 1 January 2024 38,737 2,059 40,796
Charge for year 12,476 225 12,701
Eliminated on disposal (11,127 ) - (11,127 )
At 31 December 2024 40,086 2,284 42,370
NET BOOK VALUE
At 31 December 2024 39,741 674 40,415
At 31 December 2023 30,490 899 31,389

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 35,233 75,458
Prepayments 1,491 1,448
36,724 76,906

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Other loans 348,620 348,564
Trade creditors 21,539 15,236
Social security and other taxes 2,691 2,831
VAT 5,578 10,378
Other creditors 742 742
Accrued expenses 3,126 2,915
382,296 380,666

8. RELATED PARTY DISCLOSURES

Shares are held by P G Horticulture Limited in which PD Greenhalgh and CA Meyer are both directors. At the year end, £348,620 was due to PGH Ltd (2023: £348,564).