REGISTERED NUMBER: 03704523 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

THISTLEWOOD PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr M J Moss

Mrs S Moss

Mr H Moss

SECRETARY:

Mrs S Moss

REGISTERED OFFICE:

Mayfield

Wilmslow Road

Alderley Edge

Cheshire

SK9 7QW

REGISTERED NUMBER:

03704523 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Tangible assets

4

9,810

9,084

Investments

5

801

401

10,611

9,485

CURRENT ASSETS

Stocks

108,362

273,719

Debtors

6

827,528

665,767

Cash at bank

748,773

297,199

1,684,663

1,236,685

CREDITORS

Amounts falling due within one year

7

1,108,886

729,511

NET CURRENT ASSETS

575,777

507,174

TOTAL ASSETS LESS CURRENT LIABILITIES

586,388

516,659

CREDITORS

Amounts falling due after more than one year

8

(13,865

)

(23,993

)

PROVISIONS FOR LIABILITIES

9

(2,453

)

(2,271

)

NET ASSETS

570,070

490,395

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

570,068

490,393

SHAREHOLDERS' FUNDS

570,070

490,395

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2025 and were signed on its behalf by:

Mr M J Moss - Director

1.	STATUTORY INFORMATION

Thistlewood 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 represents net invoiced sales of properties and services, excluding value added tax.

The sale of properties is recognised when contracts are exchanged.

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

-

33% on reducing balance and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2023

29,804

Additions

5,056

At 30 November 2024

34,860

DEPRECIATION

At 1 December 2023

20,720

Charge for year

4,330

At 30 November 2024

25,050

NET BOOK VALUE

At 30 November 2024

9,810

At 30 November 2023

9,084

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 December 2023

401

Additions

500

Disposals

(100

)

At 30 November 2024

801

NET BOOK VALUE

At 30 November 2024

801

At 30 November 2023

401

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/24

30/11/23

£

£

Other debtors

827,528

665,767

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/24

30/11/23

£

£

Bank loans and overdrafts

10,128

9,877

Trade creditors

80,876

13,585

Taxation and social security

66,331

68,283

Other creditors

951,551

637,766

1,108,886

729,511

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/11/24

30/11/23

£

£

Bank loans

13,865

23,993

9.	PROVISIONS FOR LIABILITIES

30/11/24

30/11/23

£

£

Deferred tax

2,453

2,271

Deferred

tax

£

Balance at 1 December 2023

2,271

Transfer from profit and loss

182

Balance at 30 November 2024

2,453

Deferred tax arises as a result of accelerated capital allowances on fixed assets.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/24

30/11/23

value:

£

£

100

A Ordinary

1p

1

1

100

B Ordinary

1p

1

1

2

2