Thistle (1895) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 04178220

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		394,814		424,102

			394,814		424,102
CURRENT ASSETS
Debtors	5	-		3,376
Cash at bank and in hand		46		56

		46		3,432
Creditors: Amounts Falling Due Within One Year	6	(21,697 )		(13,198 )

NET CURRENT ASSETS (LIABILITIES)			(21,651 )		(9,766 )

TOTAL ASSETS LESS CURRENT LIABILITIES			373,163		414,336

Creditors: Amounts Falling Due After More Than One Year	7		(16,500 )		(23,500 )

NET ASSETS			356,663		390,836

RESERVES
Revaluation reserve	8		394,815		424,103
Income and Expenditure Account			(38,152 )		(33,267 )

MEMBERS' FUNDS			356,663		390,836

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Thistle (1895) Limited

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 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 Income and Expenditure Account.

On behalf of the board

Ms Stephanie Valentine

Director

21/07/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Thistle (1895) Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 04178220 . The registered office is c/o Xeinadin South Essex Ltd, The Rivendell Centre, White Horse Lane, Maldon, Essex, CM9 5QP.

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. 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:

Plant & Machinery

5% straight line

3. Average Number of Employees

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

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2025	585,764

As at 31 March 2026	585,764

Depreciation
As at 1 April 2025	161,662
Provided during the period	29,288

As at 31 March 2026	190,950

Net Book Value
As at 31 March 2026	394,814

As at 1 April 2025	424,102

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Thistle (1895) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Amounts recoverable on contracts	-	3,376

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	21,697	13,198

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other creditors	16,500	23,500

8. Reserves

	Revaluation reserve	Income and Expenditure Account
	£	£
As at 1 April 2025	424,103	(33,267 )
Loss for the year and total comprehensive income	-	(34,173 )

Transfer from revaluation reserve	-	29,288
Transfer to/from Income & Expenditure Account	(29,288 )	-

As at 31 March 2026	394,815	(38,152 )

9. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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