Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 08833775 Ms Rachel Quillan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08833775 2024-01-31 08833775 2025-01-31 08833775 2024-02-01 2025-01-31 08833775 frs-core:CurrentFinancialInstruments 2025-01-31 08833775 frs-core:Non-currentFinancialInstruments 2025-01-31 08833775 frs-core:FurnitureFittings 2025-01-31 08833775 frs-core:FurnitureFittings 2024-02-01 2025-01-31 08833775 frs-core:FurnitureFittings 2024-01-31 08833775 frs-core:MotorVehicles 2025-01-31 08833775 frs-core:MotorVehicles 2024-02-01 2025-01-31 08833775 frs-core:MotorVehicles 2024-01-31 08833775 frs-core:ShareCapital 2025-01-31 08833775 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 08833775 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 08833775 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 08833775 frs-bus:SmallEntities 2024-02-01 2025-01-31 08833775 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 08833775 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 08833775 frs-bus:Director1 2024-02-01 2025-01-31 08833775 frs-countries:EnglandWales 2024-02-01 2025-01-31 08833775 2023-01-31 08833775 2024-01-31 08833775 2023-02-01 2024-01-31 08833775 frs-core:CurrentFinancialInstruments 2024-01-31 08833775 frs-core:Non-currentFinancialInstruments 2024-01-31 08833775 frs-core:ShareCapital 2024-01-31 08833775 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 08833775
Thorpe Homes Ltd
Financial Statements
For The Year Ended 31 January 2025
Hames Partnership Anstey Limited
19A The Nook
Anstey
Leicester
Leicestershire
LE7 7AZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08833775
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 857 1,140
857 1,140
CURRENT ASSETS
Stocks 5 204,832 179,494
Debtors 6 394 5,728
Cash at bank and in hand - 39,160
205,226 224,382
Creditors: Amounts Falling Due Within One Year 7 (375,943 ) (355,995 )
NET CURRENT ASSETS (LIABILITIES) (170,717 ) (131,613 )
TOTAL ASSETS LESS CURRENT LIABILITIES (169,860 ) (130,473 )
Creditors: Amounts Falling Due After More Than One Year 8 (36,594 ) (42,787 )
NET LIABILITIES (206,454 ) (173,260 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (206,455 ) (173,261 )
SHAREHOLDERS' FUNDS (206,454) (173,260)
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Rachel Quillan
Director
24/10/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Thorpe Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08833775 . The registered office is 85 Bird Hill Road, Loughborough, LE12 8RP.
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:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
2.4. 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: 2 (2024: 2)
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2024 4,680 150 4,830
As at 31 January 2025 4,680 150 4,830
Depreciation
As at 1 February 2024 3,570 120 3,690
Provided during the period 278 5 283
As at 31 January 2025 3,848 125 3,973
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 January 2025 832 25 857
As at 1 February 2024 1,110 30 1,140
5. Stocks
2025 2024
£ £
Stock 204,832 179,494
6. Debtors
2025 2024
£ £
Due within one year
VAT 394 5,728
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 14,401 -
Accruals and deferred income 800 800
Director's loan account 360,742 355,195
375,943 355,995
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 36,594 42,787
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4