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REGISTERED NUMBER: 06749172 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

S THOMPSON LIMITED

S THOMPSON LIMITED (REGISTERED NUMBER: 06749172)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026




Page

Company Information 1

Report of the Directors 2

Statement of Income and Retained Earnings 3

Statement of Financial Position 4

Notes to the Financial Statements 5


S THOMPSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2026







DIRECTORS: S D Thompson
Mrs C A Thompson





REGISTERED OFFICE: Cark House Cottage
Cark-In-Cartmel
Grange-Over-Sands
Cumbria
LA11 7PE





REGISTERED NUMBER: 06749172 (England and Wales)





ACCOUNTANTS: Smith Wilson Limited
2A Acomb Court
Acomb
York
North Yorkshire
YO24 3BJ

S THOMPSON LIMITED (REGISTERED NUMBER: 06749172)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 MARCH 2026

The directors present their report with the financial statements of the company for the year ended 31 March 2026.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of building.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2025 to the date of this report.

S D Thompson
Mrs C A Thompson

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S D Thompson - Director


26 August 2026

S THOMPSON LIMITED (REGISTERED NUMBER: 06749172)

STATEMENT OF INCOME AND
RETAINED EARNINGS
FOR THE YEAR ENDED 31 MARCH 2026

2026 2025
Notes £    £   

TURNOVER 370,495 188,074

Cost of sales 293,866 140,273
GROSS PROFIT 76,629 47,801

Administrative expenses 96,519 80,178
OPERATING LOSS 4 (19,890 ) (32,377 )


Interest payable and similar expenses - 1,968
LOSS BEFORE TAXATION (19,890 ) (34,345 )

Tax on loss 5 - -
LOSS FOR THE FINANCIAL YEAR (19,890 ) (34,345 )

Retained earnings at beginning of year (35,116 ) (771 )

RETAINED EARNINGS AT END OF YEAR (55,006 ) (35,116 )

S THOMPSON LIMITED (REGISTERED NUMBER: 06749172)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2026

2026 2025
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 17,209 3,758

CURRENT ASSETS
Stocks 7 77,500 77,500
Debtors 8 4,086 -
Cash at bank 11,299 7,982
92,885 85,482
CREDITORS
Amounts falling due within one year 9 122,661 121,223
NET CURRENT LIABILITIES (29,776 ) (35,741 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,567

)

(31,983

)

CREDITORS
Amounts falling due after more than one year 10 42,437 3,131
NET LIABILITIES (55,004 ) (35,114 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (55,006 ) (35,116 )
SHAREHOLDERS' FUNDS (55,004 ) (35,114 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:





S D Thompson - Director


S THOMPSON LIMITED (REGISTERED NUMBER: 06749172)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026

1. STATUTORY INFORMATION

S Thompson Limited 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2025 - 2 ).

4. OPERATING LOSS

The operating loss is stated after charging:

2026 2025
£    £   
Depreciation - owned assets 1,799 1,254

S THOMPSON LIMITED (REGISTERED NUMBER: 06749172)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2026

5. TAXATION

Analysis of the tax charge
No liability to UK corporation tax arose for the year ended 31 March 2026 nor for the year ended 31 March 2025.

6. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2025 49,938 18,295 2,356 70,589
Additions 15,250 - - 15,250
At 31 March 2026 65,188 18,295 2,356 85,839
DEPRECIATION
At 1 April 2025 47,776 17,216 1,839 66,831
Charge for year 1,400 270 129 1,799
At 31 March 2026 49,176 17,486 1,968 68,630
NET BOOK VALUE
At 31 March 2026 16,012 809 388 17,209
At 31 March 2025 2,162 1,079 517 3,758

7. STOCKS
2026 2025
£    £   
Stocks 2,500 2,500
Work-in-progress 75,000 75,000
77,500 77,500

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade debtors 4,086 -

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Bank loans and overdrafts 11,582 -
Other loans 3,131 8,863
Hire purchase contracts 3,813 -
Social security and other taxes - 1,490
VAT 1,186 7,265
Thompson Properties NY Loan 14,500 14,500
Directors' current accounts 85,124 85,780
Accruals and deferred income 3,325 3,325
122,661 121,223

S THOMPSON LIMITED (REGISTERED NUMBER: 06749172)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2026

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2026 2025
£    £   
Other loans - 1-2 years 31,000 3,131
Hire purchase contracts 11,437 -
42,437 3,131

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026 2025
£    £   
Mrs C A Thompson
Balance outstanding at start of year (42,890 ) (5,404 )
Amounts repaid - (37,486 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (42,890 )

S D Thompson
Balance outstanding at start of year (42,890 ) (5,405 )
Amounts repaid - (37,485 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (42,890 )