The balance on the directors' loan account at the year end amounted to £181,551 overdrawn (2023: £68,905 overdrawn). This amount is included in other debtors due within one year. Interest is charged on the directors' loan balances at the commercial rate of interest.

The average number of persons, including directors, employed by the company during the year was as follows:

Thorndale (Belfast) Ltd owns 51% of the share capital in Laganside Wholesale Limited, a company registered in Northern Ireland and of which both Michael Patterson and Andrew Patterson are directors.

At the 31 December 2024 an amount of £335,216 (2023: £218,641) was owed by Thorndale (Belfast) Ltd to Laganside Wholesale Limited.

Thorndale (Belfast) Ltd is a private company limited by shares incorporated in Northern Ireland. The registered office is 2 Thorndale Halls, Legacurry, Lisburn, BT27 5GA.

The directors of the company have elected not to include a copy of the profit and loss account and directors' report within the financial statements.true

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.