REGISTERED NUMBER: 06049298 (England and Wales)

THISTLE ENTERPRISES LIMITED

Unaudited Financial Statements

For The Year Ended 30 September 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D C Goldfinch

REGISTERED OFFICE:

Hilden Park House

79 Tonbridge Road

Hildenborough

Tonbridge

Kent

TN11 9BH

REGISTERED NUMBER:

06049298 (England and Wales)

ACCOUNTANTS:

Hilden Park Accountants Limited

Hilden Park House

79 Tonbridge Road

Hildenborough

Tonbridge

Kent

TN11 9BH

FIXED ASSETS

Intangible assets

4

38,452

44,839

Tangible assets

5

18,028

18,416

56,480

63,255

CURRENT ASSETS

Stocks

2,000

6,000

Debtors

222,307

235,693

Cash at bank and in hand

12,338

12,869

236,645

254,562

CREDITORS

Amounts falling due within one year

220,225

217,463

NET CURRENT ASSETS

16,420

37,099

TOTAL ASSETS LESS CURRENT LIABILITIES

72,900

100,354

CREDITORS

Amounts falling due after more than one year

6

59,067

91,473

NET ASSETS

13,833

8,881

CAPITAL AND RESERVES

Called up share capital

105

105

Retained earnings

13,728

8,776

13,833

8,881

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 June 2026 and were signed by:

D C Goldfinch - Director

1.	STATUTORY INFORMATION

Thistle Enterprises 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax, from the provision of cafe services during the period. Turnover is recognised according to the stage of completion of the contract to which it relates.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over the length of the lease of the cafe.

Tangible fixed assets

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

Plant and Machinery - 20% on cost

Short leasehold - evenly over the length of the lease of the café

Motor vehicles - 33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2024

and 30 September 2025

81,450

AMORTISATION

At 1 October 2024

36,611

Amortisation for year

6,387

At 30 September 2025

42,998

NET BOOK VALUE

At 30 September 2025

38,452

At 30 September 2024

44,839

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2024

80,757

Additions

6,328

At 30 September 2025

87,085

DEPRECIATION

At 1 October 2024

62,341

Charge for year

6,716

At 30 September 2025

69,057

NET BOOK VALUE

At 30 September 2025

18,028

At 30 September 2024

18,416

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans more 5 yr by instal

4,160

9,498

7.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

4,081

3,256

Non-cancellable

operating leases

2025

2024

£

£

Within one year

57,500

57,500

Between one and five years

230,000

287,500

In more than five years

81,458

134,167

368,958

479,167

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

Mrs J Goldfinch

Balance outstanding at start of year

1,283

30,285

Amounts advanced

3,059

2,998

Amounts repaid

-

(32,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,342

1,283

The director's loan account is repayable within 9 months of the balance sheet date. Interest was charged by the company to the director at the official rate for periods when the balance exceeded £10,000.