2025-08-01 2026-07-31 false No description of principal activity Capium Accounts Production 1.1 08130615 2025-08-01 2026-07-31 08130615 bus:FullAccounts 2025-08-01 2026-07-31 08130615 bus:Micro-entities 2025-08-01 2026-07-31 08130615 bus:AuditExemptWithAccountantsReport 2025-08-01 2026-07-31 08130615 bus:SmallCompaniesRegimeForAccounts 2025-08-01 2026-07-31 08130615 bus:PrivateLimitedCompanyLtd 2025-08-01 2026-07-31 08130615 2025-08-01 2026-07-31 08130615 2026-07-31 08130615 bus:RegisteredOffice 2025-08-01 2026-07-31 08130615 core:WithinOneYear 2026-07-31 08130615 core:AfterOneYear 2026-07-31 08130615 1 2025-08-01 2026-07-31 08130615 bus:Director1 2025-08-01 2026-07-31 08130615 bus:Director1 2026-07-31 08130615 bus:Director1 2024-08-01 2025-07-31 08130615 bus:Director2 2025-08-01 2026-07-31 08130615 bus:Director2 2026-07-31 08130615 bus:Director2 2024-08-01 2025-07-31 08130615 2024-08-01 08130615 bus:LeadAgentIfApplicable 2025-08-01 2026-07-31 08130615 2024-08-01 2025-07-31 08130615 2025-07-31 08130615 core:WithinOneYear 2025-07-31 08130615 core:AfterOneYear 2025-07-31 08130615 bus:EntityAccountantsOrAuditors 2024-08-01 2025-07-31 08130615 core:MotorCars 2025-08-01 2026-07-31 08130615 core:MotorCars 2026-07-31 08130615 core:MotorCars 2025-07-31 08130615 core:FurnitureFittings 2025-08-01 2026-07-31 08130615 core:FurnitureFittings 2026-07-31 08130615 core:FurnitureFittings 2025-07-31 08130615 core:InvestmentProperties 2025-08-01 2026-07-31 08130615 core:InvestmentProperties 2026-07-31 08130615 core:InvestmentProperties 2025-07-31 08130615 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2026-07-31 08130615 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-07-31 08130615 core:CostValuation core:Non-currentFinancialInstruments 2026-07-31 08130615 core:CostValuation core:Non-currentFinancialInstruments 2025-07-31 08130615 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2026-07-31 08130615 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2026-07-31 08130615 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2026-07-31 08130615 core:Non-currentFinancialInstruments 2026-07-31 08130615 core:Non-currentFinancialInstruments 2025-07-31 iso4217:GBP xbrli:shares xbrli:pure

Registered Number: 08130615
England and Wales
THORN & CO LTD
Unaudited Financial Statements
Period of accounts Start date: 01 August 2025 End date: 31 July 2026

Thorn & Co Ltd Contents Page For the year ended 31 July 2026
Company Information | 1
Statement of Financial Position | 2

Thorn & Co Ltd Company Information For the year ended 31 July 2026
Directors | Sandeep Rasiklal Khiroya Hetal Shah
Registered Number | 08130615
Registered Office | 33 The Ridgeway London, England N3 2PG
Accountants | CHJ Accountants Ltd 34 Longcrofte Rd Edgware, Middx HA8 6RR
1

Thorn & Co Ltd Statement of Financial Position As at 31 July 2026
|  | 2026 |  | 2025
--- | --- | --- | --- | ---
|  | £ | £ |  | £ | £
Fixed assets |  |  | 1,744,767 |  |  | 1,275,419
Current assets |  | 109,439 |  |  | 34,323 |
Creditors: amount falling due within one year |  | (1,490,270) |  |  | (1,265,328) |
Net current assets/(liabilities) |  |  | (1,380,831) |  |  | (1,231,005)
Total assets less current liabilities |  |  | 363,936 |  |  | 44,414
Creditors: amount falling due after more than one year |  |  | (631,340) |  |  | 0
Accruals and deferred income |  |  | (4,392) |  |  | (11,942)
Net assets/(liabilities) |  |  | (271,796) |  |  | 32,472
Capital and reserves |  |  | (271,796) |  |  | 32,472
NOTES TO THE ACCOUNTS General Information Thorn & Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 08130615, registration address 33 The Ridgeway, London, England, N3 2PG. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the company.
2. | Average number of employees Average number of employees during the year was 1 (2025 : 1).
3. | Exceptional Item
| Costs relating to a dispute - £425,000 Other charges of £567,344 in the Income Statement includes Exceptional item of £425,000 in respect of a dispute cost. During the year the Company paid £425,000 in full and final settlement of a dispute with the former tenant of 50 Ballards Lane, Finchley. The Company is the freehold owner. On 28 October 2025 it exercised its contractual right of re-entry for non-payment of sums reserved as rent, and the leases determined on that date. The former tenant disputed the lawfulness of the forfeiture and claimed a declaration that it was unlawful or, alternatively, relief from forfeiture. The dispute was compromised on 27 February 2026 with mutual releases, the claim being discontinued with no order as to costs. The settlement conferred no new asset, interest or right on the Company. Its freehold interest immediately after the settlement was identical in extent to its interest immediately before it, the payment serving only to maintain that existing position against challenge. The payment is charged to the profit and loss account as revenue expenditure incurred wholly and exclusively for the purposes of the Company's property business, and is disclosed separately by reason of its size and its non-recurring nature.
4. | Creditors Creditors: amount falling due within one year £1,490,270 (2025 - £1,265,328) includes interest-free Directors Current Account balance of £835,400 (2025 - £830,819). Included in Creditors: amount falling due after more than one year £631,340 (2025- £0 ) is bank loan of £631,340.
For the year ended 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies. The financial statements were approved by the board of directors on 19 August 2026 and were signed on its behalf by:
-------------------------------- Sandeep Rasiklal Khiroya Director
2