REGISTERED NUMBER: 06916084 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Thornton Reynolds Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Thornton

S Reynolds

REGISTERED OFFICE:

109 Market Street

Farnworth

Bolton

Greater Manchester

BL4 8EX

REGISTERED NUMBER:

06916084 (England and Wales)

ACCOUNTANTS:

Higsons Limited

Accountants

Offices 1 and 2

1A King Street

Farnworth

Bolton

Greater Manchester

BL4 7AB

FIXED ASSETS

Tangible assets

4

4,164

2,218

CURRENT ASSETS

Debtors

5

280,914

154,845

Cash at bank and in hand

31,453

217,246

312,367

372,091

CREDITORS

Amounts falling due within one year

6

184,283

342,200

NET CURRENT ASSETS

128,084

29,891

TOTAL ASSETS LESS CURRENT LIABILITIES

132,248

32,109

CREDITORS

Amounts falling due after more than one year

7

-

(9,314

)

PROVISIONS FOR LIABILITIES

(1,242

)

(555

)

NET ASSETS

131,006

22,240

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

130,006

21,240

SHAREHOLDERS' FUNDS

131,006

22,240

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 6 February 2026 and were signed on its behalf by:

S Reynolds - Director

1.	STATUTORY INFORMATION

Thornton Reynolds 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.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and also have been consistently applied within the same accounts.

Turnover

Turnover is the amount derived from ordinary activities excluding value added tax. The value of contractual work in progress at the year end date is included in turnover.

Tangible fixed assets

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

Office equipment

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation. At the balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered impairment losses, no such losses were identified.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Debtors

Trade debtors includes the value of contractual work in progress.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Computer

equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2024

17,022

-

36,554

53,576

Additions

-

3,211

-

3,211

At 31 May 2025

17,022

3,211

36,554

56,787

DEPRECIATION

At 1 June 2024

15,894

-

35,464

51,358

Charge for year

282

803

180

1,265

At 31 May 2025

16,176

803

35,644

52,623

NET BOOK VALUE

At 31 May 2025

846

2,408

910

4,164

At 31 May 2024

1,128

-

1,090

2,218

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

270,234

146,486

Other debtors

10,680

8,359

280,914

154,845

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

9,479

10,000

Trade creditors

22,919

40,746

Taxation and social security

140,371

278,101

Other creditors

11,514

13,353

184,283

342,200

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

-

9,314