Thornbank Limited

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

Registered number: SC577764

		2026		2025 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets			32,872		12,422

			32,872		12,422
CURRENT ASSETS
Debtors	4	19,457		8,561
Cash at bank and in hand		18,868		17,718

		38,325		26,279
Creditors: Amounts Falling Due Within One Year	5	(18,962 )		(27,306 )

NET CURRENT ASSETS (LIABILITIES)			19,363		(1,027 )

TOTAL ASSETS LESS CURRENT LIABILITIES			52,235		11,395

NET ASSETS			52,235		11,395

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			52,234		11,394

SHAREHOLDERS' FUNDS			52,235		11,395

Page 1

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Thornbank Limited

Balance Sheet (continued)

As At 30 September 2026

For the year ending 30 September 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account.

On behalf of the board

Mr P Gratton

Director

20/10/2026

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

1. General Information

Thornbank Limited is a private company, limited by shares, incorporated in Scotland, registered number SC577764 . The registered office is APL CENTRE, STEVENSTON INDUSTRIAL ESTATE, STEVENSTON, NORTH AYRSHIRE, KA20 3LR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

2.3. 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:

Motor Vehicles	Straight line
Fixtures & Fittings	Straight line
Computer Equipment	Straight line

2.4. Taxation

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted substantively enacted at the reporting date.

3. Average Number of Employees

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

4. Debtors

	2026	2025 as restated
	£	£
Due within one year
Trade debtors	19,457	8,561

5. Creditors: Amounts Falling Due Within One Year

	2026	2025 as restated
	£	£
Trade creditors	282	-
Bank loans and overdrafts	(16 )	657
Other creditors	15,568	24,224
Taxation and social security	3,128	2,425

	18,962	27,306

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Thornbank Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2026

6. Share Capital

	2026	2025 as restated
	£	£
Allotted, Called up and fully paid	1	1

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