Thackray UK Limited - Filleted accounts

Registered number

09327714

Thackray UK Limited

Filleted Accounts

31 December 2025

Thackray UK Limited
Registered number:		09327714
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	5		213,217			276,727

Current assets
Debtors	6	894,491			990,032
Cash at bank and in hand		249,931			228,912
		1,144,422			1,218,944

Creditors: amounts falling due within one year	7	(491,953)			(320,555)

Net current assets			652,469			898,389

Total assets less current liabilities			865,686			1,175,116

Creditors: amounts falling due after more than one year	8		(1,308)			(184,369)



Net assets			864,378			990,747

Capital and reserves
Called up share capital			100			100
Profit and loss account			864,278			990,647

Shareholders' funds			864,378			990,747

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr D J Wright
Director
Approved by the board on 26 May 2026

Thackray UK Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.

	Going Concern
	The financial statements have been prepared on a going concern basis. The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern for the period of at least 12 months from the date of approval of these financial statements.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					8		11

3	Taxation					2025		2024
£							£
	Current year corporation tax charge					-		-
	Prior year tax adjustment					(22,346)		(17)
	Deferred Tax on timing differences					-		-
						(22,346)		(17)


4	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 January 2025							44,000
	At 31 December 2025							44,000

	Amortisation
	At 1 January 2025							44,000
	At 31 December 2025							44,000

	Net book value
	At 31 December 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


5	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 January 2025			181,097		460,923		642,020
	Additions			46,704		38,000		84,704
	Disposals			(53,297)		(153,582)		(206,879)
	At 31 December 2025			174,504		345,341		519,845

	Depreciation
	At 1 January 2025			113,862		251,431		365,293
	Charge for the year			14,011		38,525		52,536
	On disposals			(32,512)		(78,689)		(111,201)
	At 31 December 2025			95,361		211,267		306,628

	Net book value
	At 31 December 2025			79,143		134,074		213,217
	At 31 December 2024			67,235		209,492		276,727


6	Debtors					2025		2024
£							£

	Trade debtors					224,477		57,001
	Other debtors					670,014		933,031
						894,491		990,032


7	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					10,825		27,959
	Obligations under finance lease and hire purchase contracts					111,317		36,121
	Trade creditors					174,315		40,648
	Taxation and social security costs					191,367		210,498
	Other creditors					4,129		5,329
						491,953		320,555


8	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		9,091
	Obligations under finance lease and hire purchase contracts					1,308		175,278
						1,308		184,369


9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr D J Wright
	Directors Loan Account	596,469		194,295		(316,648)		474,116

		596,469		194,295		(316,648)		474,116

	Interest has been charged on the average outstanding balance during the year, using H M Revenue & Customs approved rates. After the end of the year a further amount of £178,938 has been repaid, leaving a remaining balance outstanding of £295,178.

10	Other information

	Thackray UK Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 14, Ashley Industrial Estate
	77 Mereside
	Soham, Ely
	Cambridgeshire
	CB7 5EE