REGISTERED NUMBER: 06219853 (England and Wales)

Thorns Workforce Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G G Zsiko

REGISTERED OFFICE:

Mahollem Farm Yard

Kington

Herefordshire

HR5 3PT

REGISTERED NUMBER:

06219853 (England and Wales)

ACCOUNTANTS:

Streets Dyke Ruscoe Ltd

110 Corve Street

Ludlow

SHROPSHIRE

SY8 1DJ

FIXED ASSETS

Tangible assets

4

14,561

14,968

CURRENT ASSETS

Debtors

5

83,721

57,997

Cash at bank and in hand

280,883

292,140

364,604

350,137

CREDITORS

Amounts falling due within one year

6

229,107

209,816

NET CURRENT ASSETS

135,497

140,321

TOTAL ASSETS LESS CURRENT LIABILITIES

150,058

155,289

PROVISIONS FOR LIABILITIES

2,767

2,892

NET ASSETS

147,291

152,397

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

147,290

152,396

SHAREHOLDERS' FUNDS

147,291

152,397

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 18 December 2025 and were signed by:

G G Zsiko - Director

1.	STATUTORY INFORMATION

Thorns Workforce 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 represents net invoiced sales of services, excluding value added tax.

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

-

20% on cost and 10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

23,162

3,050

34,470

3,919

64,601

Additions

1,156

142

-

940

2,238

Disposals

(517

)

-

-

-

(517

)

At 31 March 2025

23,801

3,192

34,470

4,859

66,322

DEPRECIATION

At 1 April 2024

14,600

1,819

30,559

2,655

49,633

Charge for year

876

129

782

581

2,368

Eliminated on disposal

(240

)

-

-

-

(240

)

At 31 March 2025

15,236

1,948

31,341

3,236

51,761

NET BOOK VALUE

At 31 March 2025

8,565

1,244

3,129

1,623

14,561

At 31 March 2024

8,562

1,231

3,911

1,264

14,968

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

51,399

23,361

Other debtors

250

9,173

Prepayments and accrued income

32,072

25,463

83,721

57,997

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

5,528

5,981

Social security and other taxes

3,444

4,059

VAT

24,605

29,908

Directors' current accounts

176,468

147,100

Creditors and accruals

19,062

22,768

229,107

209,816

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Interest has been charged to the company by the directors on the loans included within creditors. The interest has been charged at a market rate of 5%.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is G G Zsiko.