REGISTERED NUMBER: 12478452 (England and Wales)

Financial Statements for the Year Ended 31 January 2025

for

Thorpe Retail Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Pardeep Singh Sooch

Mrs Harinder Kaur Sooch

Mr Gurminder Singh Sooch

REGISTERED OFFICE:

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

REGISTERED NUMBER:

12478452 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Tangible assets

4

9,745

11,132

CURRENT ASSETS

Stocks

38,220

24,670

Debtors

5

16,000

16,000

Cash at bank and in hand

15,901

12,068

70,121

52,738

CREDITORS

Amounts falling due within one year

6

45,324

19,070

NET CURRENT ASSETS

24,797

33,668

TOTAL ASSETS LESS CURRENT LIABILITIES

34,542

44,800

CREDITORS

Amounts falling due after more than one year

7

30,507

35,786

NET ASSETS

4,035

9,014

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

3,935

8,914

SHAREHOLDERS' FUNDS

4,035

9,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 31 October 2025 and were signed on its behalf by:

Mr Pardeep Singh Sooch - Director

1.	STATUTORY INFORMATION

Thorpe Retail Ltd 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.

Plant and machinery etc

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

17,472

Additions

333

At 31 January 2025

17,805

DEPRECIATION

At 1 February 2024

6,340

Charge for year

1,720

At 31 January 2025

8,060

NET BOOK VALUE

At 31 January 2025

9,745

At 31 January 2024

11,132

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

16,000

16,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

29,209

7,391

Taxation and social security

10,168

7,662

Other creditors

5,947

4,017

45,324

19,070

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Other creditors

30,507

35,786

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

100

Ordinary

£1

100

100