Acorah Software Products - Accounts Production 19.2.450 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 06960778 Mrs S R Thompson Mr D G Thompson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06960778 2024-08-31 06960778 2025-08-31 06960778 2024-09-01 2025-08-31 06960778 frs-core:CurrentFinancialInstruments 2025-08-31 06960778 frs-core:Non-currentFinancialInstruments 2025-08-31 06960778 frs-core:BetweenOneFiveYears 2025-08-31 06960778 frs-core:FurnitureFittings 2025-08-31 06960778 frs-core:FurnitureFittings 2024-09-01 2025-08-31 06960778 frs-core:FurnitureFittings 2024-08-31 06960778 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-08-31 06960778 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-01 2025-08-31 06960778 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 06960778 frs-core:MotorVehicles 2025-08-31 06960778 frs-core:MotorVehicles 2024-09-01 2025-08-31 06960778 frs-core:MotorVehicles 2024-08-31 06960778 frs-core:PlantMachinery 2025-08-31 06960778 frs-core:PlantMachinery 2024-09-01 2025-08-31 06960778 frs-core:PlantMachinery 2024-08-31 06960778 frs-core:WithinOneYear 2025-08-31 06960778 frs-core:ShareCapital 2025-08-31 06960778 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 06960778 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 06960778 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 06960778 frs-bus:SmallEntities 2024-09-01 2025-08-31 06960778 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 06960778 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 06960778 frs-core:UnlistedNon-exchangeTraded 2025-08-31 06960778 frs-core:UnlistedNon-exchangeTraded 2024-08-31 06960778 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-08-31 06960778 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-08-31 06960778 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-08-31 06960778 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-08-31 06960778 frs-bus:Director1 2024-09-01 2025-08-31 06960778 frs-bus:Director1 2024-08-31 06960778 frs-bus:Director1 2025-08-31 06960778 frs-bus:Director2 2024-09-01 2025-08-31 06960778 frs-bus:Director2 2024-08-31 06960778 frs-bus:Director2 2025-08-31 06960778 frs-countries:EnglandWales 2024-09-01 2025-08-31 06960778 2023-08-31 06960778 2024-08-31 06960778 2023-09-01 2024-08-31 06960778 frs-core:CurrentFinancialInstruments 2024-08-31 06960778 frs-core:Non-currentFinancialInstruments 2024-08-31 06960778 frs-core:BetweenOneFiveYears 2024-08-31 06960778 frs-core:WithinOneYear 2024-08-31 06960778 frs-core:ShareCapital 2024-08-31 06960778 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 06960778
Thompson Global Logistics Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Positive Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06960778
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 260,504 351,064
Investments 5 6,250 6,250
266,754 357,314
CURRENT ASSETS
Stocks 6 96,770 90,184
Debtors 7 1,016,089 1,043,101
Cash at bank and in hand 292 8,367
1,113,151 1,141,652
Creditors: Amounts Falling Due Within One Year 8 (1,672,693 ) (1,666,719 )
NET CURRENT ASSETS (LIABILITIES) (559,542 ) (525,067 )
TOTAL ASSETS LESS CURRENT LIABILITIES (292,788 ) (167,753 )
Creditors: Amounts Falling Due After More Than One Year 9 (24,176 ) (132,166 )
NET LIABILITIES (316,964 ) (299,919 )
CAPITAL AND RESERVES
Called up share capital 12 100 100
Profit and Loss Account (317,064 ) (300,019 )
SHAREHOLDERS' FUNDS (316,964) (299,919)
Page 1
Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr D G Thompson
Director
29/05/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Thompson Global Logistics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06960778 . The registered office is Elmwood House, York Road, Kirk Hammerton,, York, North Yorkshire, YO268DH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Straight line over 10 years
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 23 (2024: 25)
23 25
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 September 2024 26,769 163,717 709,640 74,354 974,480
Disposals - - (48,265 ) - (48,265 )
As at 31 August 2025 26,769 163,717 661,375 74,354 926,215
Depreciation
As at 1 September 2024 8,893 111,731 459,407 43,385 623,416
Provided during the period 2,677 7,798 60,714 4,536 75,725
Disposals - - (33,430 ) - (33,430 )
As at 31 August 2025 11,570 119,529 486,691 47,921 665,711
Net Book Value
As at 31 August 2025 15,199 44,188 174,684 26,433 260,504
As at 1 September 2024 17,876 51,986 250,233 30,969 351,064
5. Investments
Unlisted
£
Cost or Valuation
As at 1 September 2024 6,250
As at 31 August 2025 6,250
Provision
As at 1 September 2024 -
As at 31 August 2025 -
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 August 2025 6,250
As at 1 September 2024 6,250
6. Stocks
2025 2024
£ £
Stock 15,989 11,191
Work in progress 80,781 78,993
96,770 90,184
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 627,341 692,132
Other debtors 388,748 350,969
1,016,089 1,043,101
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 81,497 106,965
Trade creditors 244,377 331,899
Bank loans and overdrafts 346,475 431,476
Other creditors 22,562 18,409
Taxation and social security 977,782 777,970
1,672,693 1,666,719
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 24,176 98,008
Bank loans - 34,158
24,176 132,166
10. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 204,972
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11. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 81,497 106,965
Later than one year and not later than five years 24,176 98,008
105,673 204,973
105,673 204,973
12. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
13. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mrs Sophie Thompson 129,910 12,147 1,146 - 140,912
Mr Dominic Thompson 164,387 10,651 - - 175,039
The above loan is unsecured, interest free and repayable on demand.
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