Company Registration No. NI720541 (Northern Ireland)
Gorse And Thistle Ltd
Unaudited accounts
for the period from 30 August 2024 to 31 August 2025
Gorse And Thistle Ltd
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
1,205
Creditors: amounts falling due within one year
(45,088)
Net current liabilities
(43,883)
Called up share capital
90
Profit and loss account
(43,190)
Shareholders' funds
(43,100)
For the period 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by
Andrew Jack
Director
Company Registration No. NI720541
Gorse And Thistle Ltd
Notes to the Accounts
for the period from 30 August 2024 to 31 August 2025
Gorse And Thistle Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI720541. The registered office is 90 Ballygowan Road, Hillsborough, BT26 6EQ, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured, regardless of when the payment is being made. Turnover is derived principally from the provision of transport services and is recognised upon the delivery of the service to the customer with reference to the stage of completion of travel provided.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Line
The directors believe that the company Gorse and Thistle Ltd has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
4
Tangible fixed assets
Computer equipment
Gorse And Thistle Ltd
Notes to the Accounts
for the period from 30 August 2024 to 31 August 2025
5
Creditors: amounts falling due within one year
2025
Taxes and social security
1,208
Loans from directors
39,210
Allotted, called up and fully paid:
90 Ordinary shares of £1 each
90
Shares issued during the period:
90 Ordinary shares of £1 each
90
7
Average number of employees
During the period the average number of employees was 1.