REGISTERED NUMBER: 08649806 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THURNEY PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Kotak

Mr J Kotak

REGISTERED OFFICE:

Chartwell House

3 Chartwell Drive

Wigston

Leicester

LE18 2FL

REGISTERED NUMBER:

08649806 (England and Wales)

FIXED ASSETS

Tangible assets

4

4,161,864

4,145,906

CURRENT ASSETS

Debtors

5

2,934,793

2,769,662

Cash at bank

134,425

28,657

3,069,218

2,798,319

CREDITORS

Amounts falling due within one year

6

414,386

408,380

NET CURRENT ASSETS

2,654,832

2,389,939

TOTAL ASSETS LESS CURRENT LIABILITIES

6,816,696

6,535,845

CREDITORS

Amounts falling due after more than one year

7

4,979,136

4,814,428

NET ASSETS

1,837,560

1,721,417

CAPITAL AND RESERVES

Called up share capital

8

3

3

Retained earnings

1,837,557

1,721,414

SHAREHOLDERS' FUNDS

1,837,560

1,721,417

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 30 September 2025 and were signed on its behalf by:

Mr D Kotak - Director

1.	STATUTORY INFORMATION

Thurney Properties 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Not depreciated

Fixtures and fittings

-

10% to 25% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

4,095,492

17,029

50,414

4,162,935

Additions

-

-

88,795

88,795

Disposals

-

-

(50,414

)

(50,414

)

At 31 December 2024

4,095,492

17,029

88,795

4,201,316

DEPRECIATION

At 1 January 2024

-

17,029

-

17,029

Charge for year

-

-

300

300

Eliminated on disposal

-

-

22,199

22,199

Charge written back

-

(76

)

-

(76

)

At 31 December 2024

-

16,953

22,499

39,452

NET BOOK VALUE

At 31 December 2024

4,095,492

76

66,296

4,161,864

At 31 December 2023

4,095,492

-

50,414

4,145,906

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

2,934,793

2,769,662

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

215,024

200,772

Taxation and social security

55,785

39,437

Other creditors

143,577

168,171

414,386

408,380

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

4,979,136

4,814,428

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

3

Ordinary

£1

3

3