THISTLE PROPERTY MAINTENANCE SERVICES LTD


Director	BUTTERLY, James Allan


Company Secretary	FRATER, Lynn


Registered Address	12 Gleneagles Close
	Great Denham
	Bedford
	MK40 4GZ


Registered Number	05654809 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		81,575		88,441
			81,575		88,441
Current assets
Debtors		256,592		265,629
Cash at bank and on hand		116,071		32,891
		372,663		298,520
Creditors amounts falling due within one year	4	(52,255)		(15,498)
Net current assets (liabilities)			320,408		283,022
Total assets less current liabilities			401,983		371,463
Net assets			401,983		371,463
Capital and reserves
Called up share capital			1		1
Profit and loss account			401,982		371,462
Shareholders' funds			401,983		371,463

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 24 March 2026, and are signed on its behalf by:

BUTTERLY, James Allan
Director
Registered Company No. 05654809

THISTLE PROPERTY MAINTENANCE SERVICES LTD

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	20
	Vehicles	25
	Office Equipment	20

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 January 25	60,000	7,597	43,216	7,085	117,898
At 31 December 25	60,000	7,597	43,216	7,085	117,898
Depreciation and impairment
At 01 January 25	-	7,267	17,833	4,357	29,457
Charge for year	-	75	6,346	445	6,866
At 31 December 25	-	7,342	24,179	4,802	36,323
Net book value
At 31 December 25	60,000	255	19,037	2,283	81,575
At 31 December 24	60,000	330	25,383	2,728	88,441

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	3,094	1,170
Taxation and social security	47,161	13,328
Accrued liabilities and deferred income	2,000	1,000
Total	52,255	15,498


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.