REGISTERED NUMBER: 13604995 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Meg Thorpe Art Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss M L Thorpe

Ms M Thorpe

REGISTERED OFFICE:

21b Grainger Road Industrial Estate

Southend-On-Sea

SS2 5DD

REGISTERED NUMBER:

13604995 (England and Wales)

ACCOUNTANTS:

AFE Accountants Limited

North London Business Park

Oakleigh Road South

New Southgate

London

N11 1GN

FIXED ASSETS

Tangible assets

4

2,602

3,381

Investments

5

166,088

179,688

168,690

183,069

CURRENT ASSETS

Debtors

6

515

515

Cash at bank

325

36

840

551

CREDITORS

Amounts falling due within one year

7

98,260

88,454

NET CURRENT LIABILITIES

(97,420

)

(87,903

)

TOTAL ASSETS LESS CURRENT LIABILITIES

71,270

95,166

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

8

(63,320

)

(7,305

)

Retained earnings

134,589

102,470

71,270

95,166

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 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 26 June 2026 and were signed on its behalf by:

Miss M L Thorpe - Director

1.	STATUTORY INFORMATION

Meg Thorpe Art Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

4,940

Additions

321

At 30 September 2025

5,261

DEPRECIATION

At 1 October 2024

1,559

Charge for year

1,100

At 30 September 2025

2,659

NET BOOK VALUE

At 30 September 2025

2,602

At 30 September 2024

3,381

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.9.25

30.9.24

£

£

Crypto Assets

166,088

179,688

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other debtors

515

515

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Taxation and social security

7,717

7,435

Other creditors

90,543

81,019

98,260

88,454

8.

RESERVES

Revaluation

reserve

£

At 1 October 2024

(7,305

)

Revaluation reserve

(56,015

)

At 30 September 2025

(63,320

)