Thornton & Lee Ltd

Registered Number: 13101652 Thornton & Lee Ltd
Balance Sheet
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	118	2,053
		118	2,053
Current assets
Debtors	4	(4,229)	(6,527)
Cash at bank and in hand		21,148	13,514
		16,919	6,987
Creditors: amount falling due within one year	5	(13,561)	(5,756)
Net current assets		3,358	1,231

Total assets less current liabilities		3,476	3,284
Provisions for liabilities	6	(266)	(513)
Net assets		3,210	2,771

Capital and reserves
Called up share capital	7	104	100
Profit and loss account		3,106	2,671
Shareholders' funds		3,210	2,771

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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 29 September 2025 and were signed on its behalf by:

-------------------------------
Faye Lie-Critchley
Director

Thornton & Lee Ltd
Notes to the Financial Statements
For the year ended 31 December 2024

General Information

Thornton & Lee Ltd is a private company, limited by shares, registered in England and Wales, registration number 13101652, registration address 5 Softley Drive, Norwich, NR4 7SE.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

2.	Average number of employees Average number of employees during the year was 2 (2023 : 2).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Computer Equipment	Total
	£	£	£
At 01 January 2024	403	4,738	5,141
Additions	-	291	291
Disposals	(67)	(405)	(472)
At 31 December 2024	336	4,624	4,960
Depreciation
At 01 January 2024	34	3,055	3,089
Charge for year	109	1,644	1,753
On disposals	-	-	-
At 31 December 2024	143	4,699	4,842
Net book values
Closing balance as at 31 December 2024	193	(75)	118
Opening balance as at 01 January 2024	369	1,684	2,053

Debtors: amounts falling due within one year

	2024 £		2023 £
Accrued Income	(4,229)		(6,527)
	(4,229)		(6,527)

Creditors: amount falling due within one year

	2024 £	2023 £
Corporation Tax	6,563	3,503
Accrued Expenses	772	1,852
Directors' Current Accounts	3,034	401
VAT Control account	3,192	-
	13,561	5,756

Provisions for liabilities

	2024 £	2023 £
Deferred Tax	513	513
Charged to Profit & Loss	(247)	-
	266	513

Share Capital

Authorised
100 Class shares of £1.00 each
1 Class A share of £1.00 each
1 Class B share of £1.00 each
1 Class C share of £1.00 each
1 Class D share of £1.00 each

Allotted, called up and fully paid	2024 £	2023 £
100 Class shares of £1.00 each	100	100
1 Class A share of £1.00 each	1	-
1 Class B share of £1.00 each	1	-
1 Class C share of £1.00 each	1	-
1 Class D share of £1.00 each	1	-
	104	100

Registered Number: 13101652
England and Wales
Unaudited Financial Statements

for the year ended 31 December 2024
for
THORNTON & LEE LTD