Thimble Rose Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12845869

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		258		460

			258		460
CURRENT ASSETS
Stocks	5	21,233		15,334
Debtors	6	-		4,500
Cash at bank and in hand		25,393		12,163

		46,626		31,997
Creditors: Amounts Falling Due Within One Year	7	(23,137 )		(21,396 )

NET CURRENT ASSETS (LIABILITIES)			23,489		10,601

TOTAL ASSETS LESS CURRENT LIABILITIES			23,747		11,061

NET ASSETS			23,747		11,061

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			23,746		11,060

SHAREHOLDERS' FUNDS			23,747		11,061

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Thimble Rose Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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

Y Y Cheung

Director

02/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Thimble Rose Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12845869 . The registered office is 6 Hastings Road, London, N11 2RJ.

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.

The financial statements are prepared in Sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

These financial statements for the year ended 31 March 2026 are the first financial statements of Thimble Rose Ltd prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 April 2024. The reported financial positioni and financial performance for the previous year are not affected by the transition to FRS 102.

2.2. Turnover

Turnover is measured at the fair value of the consideration receivable.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer pays for the goods in a retail business.

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:

Fixtures & Fittings	20% straight line
Computer Equipment	20% straight line

2.4. 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.

2.5. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

...CONTINUED

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Thimble Rose Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Financial Instruments - continued

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

2.6. Taxation

Income tax expense represents the tax currently payable and is recognised in profit and loss for the year.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2025	1,297

As at 31 March 2026	1,297

Depreciation
As at 1 April 2025	837
Provided during the period	202

As at 31 March 2026	1,039

Net Book Value
As at 31 March 2026	258

As at 1 April 2025	460

5. Stocks

	2026	2025
	£	£
Stock	21,233	15,334

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	-	4,500

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Thimble Rose Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	19,826	18,917
Taxation and social security	3,311	2,479

	23,137	21,396

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

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