REGISTERED NUMBER: 01064368 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Thane Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D H Barnes

SECRETARY:

REGISTERED OFFICE:

Unit 18

Cunningham Court

Off Lions Drive

Blackburn

Lancashire

BB1 2QX

REGISTERED NUMBER:

01064368 (England and Wales)

ACCOUNTANTS:

Triton Accountancy Services Ltd

The Office

Moor Lane Farm

Downall Green Road

Ashton in Makerfield

WN4 0NA

FIXED ASSETS

Investments

4

89,251

109,431

CURRENT ASSETS

Stocks

5

5,199,056

3,930,106

Debtors

6

7,754

1,802

Cash at bank

479,225

37,311

5,686,035

3,969,219

CREDITORS

Amounts falling due within one year

7

2,152,452

1,110,099

NET CURRENT ASSETS

3,533,583

2,859,120

TOTAL ASSETS LESS CURRENT LIABILITIES

3,622,834

2,968,551

PROVISIONS FOR LIABILITIES

8

120,000

120,000

NET ASSETS

3,502,834

2,848,551

CAPITAL AND RESERVES

Called up share capital

250,000

250,000

Retained earnings

3,252,834

2,598,551

3,502,834

2,848,551

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 12 December 2025 and were signed by:

D H Barnes - Director

1.	STATUTORY INFORMATION

Thane Investments 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 Income Statement, 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 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 April 2024

12,300

97,131

109,431

Disposals

(12,200

)

-

(12,200

)

Impairments

-

(7,980

)

(7,980

)

At 31 March 2025

100

89,151

89,251

NET BOOK VALUE

At 31 March 2025

100

89,151

89,251

At 31 March 2024

12,300

97,131

109,431

5.

STOCKS

31.3.25

31.3.24

£

£

Work-in-progress

5,199,056

3,930,106

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

7,754

1,802

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

1,748,000

-

Amounts owed to associates

300,000

1,081,472

Taxation and social security

102,652

26,603

Other creditors

1,800

2,024

2,152,452

1,110,099

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Other provisions

120,000

120,000

Deferred

tax

£

Provided during year

(5,952

)

Balance at 31 March 2025

(5,952

)