REGISTERED NUMBER: 00487247 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

S.M.Thompson Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H J Thompson

H J Pearson

H L Thompson

REGISTERED OFFICE:

Marathon Works

Dormor Way

South Bank

Middlesbrough

TS6 6XH

REGISTERED NUMBER:

00487247 (England and Wales)

ACCOUNTANTS:

Wasley Chapman LLP

Chartered Accountants

7 Eggleston Court

Riverside Park

Middlesbrough

TS2 1RU

FIXED ASSETS

Tangible assets

4

1,426,670

1,359,686

CURRENT ASSETS

Stocks

389,727

577,841

Debtors

5

621,659

610,076

Cash at bank and in hand

639,524

788,626

1,650,910

1,976,543

CREDITORS

Amounts falling due within one year

6

429,099

635,141

NET CURRENT ASSETS

1,221,811

1,341,402

TOTAL ASSETS LESS CURRENT LIABILITIES

2,648,481

2,701,088

CREDITORS

Amounts falling due after more than one year

7

135,839

91,504

NET ASSETS

2,512,642

2,609,584

CAPITAL AND RESERVES

Called up share capital

700

700

Retained earnings

2,511,942

2,608,884

2,512,642

2,609,584

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 17 December 2025 and were signed on its behalf by:

H J Thompson - Director

1.	STATUTORY INFORMATION

S.M.Thompson 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

5% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

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 20 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 October 2024

714,528

1,870,543

113,455

Additions

-

294,797

-

Disposals

-

(49,628

)

(15,433

)

At 30 September 2025

714,528

2,115,712

98,022

DEPRECIATION

At 1 October 2024

314,587

998,766

67,746

Charge for year

35,727

162,500

6,454

Eliminated on disposal

-

(41,493

)

(12,293

)

At 30 September 2025

350,314

1,119,773

61,907

NET BOOK VALUE

At 30 September 2025

364,214

995,939

36,115

At 30 September 2024

399,941

871,777

45,709

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

64,200

49,823

2,812,549

Additions

-

-

294,797

Disposals

-

(4,754

)

(69,815

)

At 30 September 2025

64,200

45,069

3,037,531

DEPRECIATION

At 1 October 2024

28,840

42,924

1,452,863

Charge for year

8,840

2,002

215,523

Eliminated on disposal

-

(3,739

)

(57,525

)

At 30 September 2025

37,680

41,187

1,610,861

NET BOOK VALUE

At 30 September 2025

26,520

3,882

1,426,670

At 30 September 2024

35,360

6,899

1,359,686

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

612,337

597,125

Other debtors

9,322

12,951

621,659

610,076

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

197,357

488,930

Taxation and social security

103,058

58,778

Other creditors

128,684

87,433

429,099

635,141

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

135,839

91,504