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Company Registration No. 7585360 (England and Wales)
Thorp Farms Ltd Unaudited accounts for the year ended 31 March 2025
Thorp Farms Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Thorp Farms Ltd Company Information for the year ended 31 March 2025
Directors
D M Thorp A N Birch
Company Number
7585360 (England and Wales)
Registered Office
28 Terminus Road Sheffield S7 2LH
Accountants
HART SIMPSON LTD 65 Ward Street New Tupton Chesterfield Derbyshire S42 6XR
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Thorp Farms Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
732,974 
621,453 
Current assets
Inventories
250,915 
250,165 
Debtors
5
16,303 
15,013 
Cash at bank and in hand
107,098 
47,489 
374,316 
312,667 
Creditors: amounts falling due within one year
6
(338,945)
(280,891)
Net current assets
35,371 
31,776 
Net assets
768,345 
653,229 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
768,245 
653,129 
Shareholders' funds
768,345 
653,229 
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by
D M Thorp Director Company Registration No. 7585360
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Thorp Farms Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Thorp Farms Ltd is a private company, limited by shares, registered in England and Wales, registration number 7585360. The registered office is 28 Terminus Road, Sheffield, S7 2LH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
265,788 
594,462 
860,250 
Additions
- 
130,699 
130,699 
At 31 March 2025
265,788 
725,161 
990,949 
Depreciation
At 1 April 2024
- 
238,797 
238,797 
Charge for the year
- 
19,178 
19,178 
At 31 March 2025
- 
257,975 
257,975 
Net book value
At 31 March 2025
265,788 
467,186 
732,974 
At 31 March 2024
265,788 
355,665 
621,453 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
16,303 
15,013 
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Thorp Farms Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
93,624 
3,028 
Taxes and social security
386 
10,200 
Loans from directors
244,935 
267,663 
338,945 
280,891 
7
Average number of employees
During the year the average number of employees was 3 (2024: 2).
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