Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 December 2023 false 1 January 2024 31 December 2024 31 December 2024 00805906 Ms CAROLE CRANE Mr MICHAEL CRANE Ms SUSAN CRANE iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00805906 2023-12-31 00805906 2024-12-31 00805906 2024-01-01 2024-12-31 00805906 frs-core:CurrentFinancialInstruments 2024-12-31 00805906 frs-core:ComputerEquipment 2024-12-31 00805906 frs-core:ComputerEquipment 2024-01-01 2024-12-31 00805906 frs-core:ComputerEquipment 2023-12-31 00805906 frs-core:FurnitureFittings 2024-12-31 00805906 frs-core:FurnitureFittings 2024-01-01 2024-12-31 00805906 frs-core:FurnitureFittings 2023-12-31 00805906 frs-core:MotorVehicles 2024-12-31 00805906 frs-core:MotorVehicles 2024-01-01 2024-12-31 00805906 frs-core:MotorVehicles 2023-12-31 00805906 frs-core:PlantMachinery 2024-12-31 00805906 frs-core:PlantMachinery 2024-01-01 2024-12-31 00805906 frs-core:PlantMachinery 2023-12-31 00805906 frs-core:ShareCapital 2024-12-31 00805906 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 00805906 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00805906 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 00805906 frs-bus:SmallEntities 2024-01-01 2024-12-31 00805906 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00805906 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00805906 frs-core:ListedExchangeTraded 2024-12-31 00805906 frs-core:ListedExchangeTraded 2023-12-31 00805906 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 00805906 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 00805906 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 00805906 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 00805906 frs-bus:Director1 2024-01-01 2024-12-31 00805906 frs-bus:Director2 2024-01-01 2024-12-31 00805906 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 00805906 frs-countries:EnglandWales 2024-01-01 2024-12-31 00805906 2023-11-30 00805906 2023-12-31 00805906 2023-12-01 2023-12-31 00805906 frs-core:CurrentFinancialInstruments 2023-12-31 00805906 frs-core:ShareCapital 2023-12-31 00805906 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 00805906
Thornfield Securities (Holdings) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Banner & Associates Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00805906
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,399 4,531
Investment Properties 5 545,307 545,307
Investments 6 10,000 10,000
558,706 559,838
CURRENT ASSETS
Stocks 7 800,437 800,437
Debtors 8 692,720 686,588
Cash at bank and in hand 190,332 227,291
1,683,489 1,714,316
Creditors: Amounts Falling Due Within One Year 9 (1,228,743 ) (1,249,256 )
NET CURRENT ASSETS (LIABILITIES) 454,746 465,060
TOTAL ASSETS LESS CURRENT LIABILITIES 1,013,452 1,024,898
NET ASSETS 1,013,452 1,024,898
CAPITAL AND RESERVES
Called up share capital 10 20,000 20,000
Profit and Loss Account 993,452 1,004,898
SHAREHOLDERS' FUNDS 1,013,452 1,024,898
Page 1
Page 2
For the year ending 31 December 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr MICHAEL CRANE
Director
19/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Thornfield Securities (Holdings) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00805906 . The registered office is EASTLANDS HOUSE, BOLNEY ROAD, COWFOLD, HORSHAM, RH13 8AE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20%
Motor Vehicles 25%
Fixtures & Fittings 20%
Computer Equipment 25%
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 4)
3 4
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 13,125 12,995 36,836 599 63,555
As at 31 December 2024 13,125 12,995 36,836 599 63,555
Depreciation
As at 1 January 2024 12,579 10,684 35,311 450 59,024
Provided during the period 136 578 381 37 1,132
As at 31 December 2024 12,715 11,262 35,692 487 60,156
Net Book Value
As at 31 December 2024 410 1,733 1,144 112 3,399
As at 1 January 2024 546 2,311 1,525 149 4,531
5. Investment Property
31 December 2024
£
Fair Value
As at 1 January 2024 and 31 December 2024 545,307
6. Investments
Listed
£
Cost or Valuation
As at 1 January 2024 10,000
As at 31 December 2024 10,000
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 10,000
As at 1 January 2024 10,000
7. Stocks
31 December 2024 31 December 2023
£ £
Finished goods 800,437 800,437
Page 4
Page 5
8. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Other debtors 334,548 342,816
Due after more than one year
Amounts owed by group undertakings 358,172 343,772
692,720 686,588
9. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 319,276 324,756
Amounts owed to group undertakings 885,878 885,878
Other creditors 23,184 38,522
Taxation and social security 405 100
1,228,743 1,249,256
10. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 20,000 20,000
Page 5