THORIALINE LTD


Directors	POIROT, Celine Marie Jeanne Rose
	POIROT, Florian


Registered Address	199 Askham Lane
	York
	YO24 3JA


Registered Number	14067035 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		352,359		352,359
			352,359		352,359
Current assets
Debtors		-		473
Cash at bank and on hand		4,110		1,183
		4,110		1,656
Creditors amounts falling due within one year		(132,989)		(98,744)
Net current assets (liabilities)			(128,879)		(97,088)
Total assets less current liabilities			223,480		255,271
Creditors amounts falling due after one year			(195,515)		(245,974)
Net assets			27,965		9,297
Capital and reserves
Called up share capital			100		100
Profit and loss account			27,865		9,197
Shareholders' funds			27,965		9,297

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 17 November 2025, and are signed on its behalf by:

POIROT, Florian
Director
Registered Company No. 14067035

THORIALINE LTD

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	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.

	Revenue from rendering of services
	Revenue 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.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees
	Average number of employees, including directors, during the year was 2


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 June 24	352,359
	At 31 May 25	352,359
	Net book value
	At 31 May 25	352,359
	At 31 May 24	352,359


	All investment properties are carrioed at fair value and derived from the current marketrents and investment property yields for comparable realt estate, adjusted if neccessary for any difference in the nauture, location or condition of the specific asset. No depreciation isprovided for. Chages in fair value are recognised in the profit and loss account.

4.	Related party transactions
	During the priod , the compnay had no transations with key management personnel. At the balance sheet datet, the compnay owed £567 (£567 2024) to members of key managment. The balance sheet is repayable on demand and presented within creditors within one year. There is no interest accruing on this blance. During the priod, the company owed £96,989 on an unsecured, interest-free intercompany loan repayable on demand.

Related party transactions

During the priod , the compnay had no transations with key management personnel. At the balance sheet datet, the compnay owed £567 (£567 2024) to members of key managment. The balance sheet is repayable on demand and presented within creditors within one year. There is no interest accruing on this blance.

During the priod, the company owed £96,989 on an unsecured, interest-free intercompany loan repayable on demand.