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Company Registration No. 12289671 (England and Wales)
Thorncliffe Properties Limited Unaudited accounts for the year ended 31 October 2025
Thorncliffe Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Thorncliffe Properties Limited Company Information for the year ended 31 October 2025
Directors
Daniel Alexander Morrison Samantha Louise Morrison
Company Number
12289671 (England and Wales)
Registered Office
131 Ironstone Crescent Chapeltown Sheffield South Yorkshire S35 3XT England
Accountants
DEO Financial Ltd 15b Dransfield House 2 Fox Valley Way Sheffield South Yorkshire S36 2AB
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Thorncliffe Properties Limited Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
135,000 
130,917 
Current assets
Cash at bank and in hand
10,391 
9,339 
Creditors: amounts falling due within one year
5
(35,125)
(35,108)
Net current liabilities
(24,734)
(25,769)
Total assets less current liabilities
110,266 
105,148 
Creditors: amounts falling due after more than one year
6
(72,000)
(72,002)
Provisions for liabilities
Deferred tax
(6,675)
(5,900)
Net assets
31,591 
27,246 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
- 
25,152 
Profit and loss account
31,491 
1,994 
Shareholders' funds
31,591 
27,246 
For the year ending 31 October 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 July 2026 and were signed on its behalf by
Samantha Louise Morrison Director Company Registration No. 12289671
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Thorncliffe Properties Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Thorncliffe Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12289671. The registered office is 131 Ironstone Crescent, Chapeltown, Sheffield, South Yorkshire, S35 3XT, England.
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.
3
Accounting policies
These financial statements for the year ended 31 October 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At valuation 
At 1 November 2024
130,917 
Revaluations
4,083 
At 31 October 2025
135,000 
Depreciation
At 31 October 2025
- 
Net book value
At 31 October 2025
135,000 
At 31 October 2024
130,917 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
- 
468 
Loans from directors
34,725 
34,039 
Accruals
400 
601 
35,125 
35,108 
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Thorncliffe Properties Limited Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
72,000 
72,002 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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