THORMER Solutions Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 13849866 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 14 JANUARY 2022 TO 31 JANUARY 2023

FOR

THORMER SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Gruffydd Daniel Thomas

Paul Stuart Harmer

Christopher David Roberts

REGISTERED OFFICE:

GTEC House

Charcoals Way

Upper Wensleydale Business Park

Hawes

North Yorkshire

DL8 3AU

REGISTERED NUMBER:

13849866 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

York House

Market Place

Leyburn

North Yorkshire

DL8 5AT

FIXED ASSETS

Intangible assets

4

399

CURRENT ASSETS

Debtors

5

155,950

Cash at bank

4,683

160,633

CREDITORS

Amounts falling due within one year

6

169,048

NET CURRENT LIABILITIES

(8,415

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,016

)

CAPITAL AND RESERVES

Called up share capital

100

Profit and loss account

(8,116

)

(8,016

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by:

Gruffydd Daniel Thomas - Director

1.	STATUTORY INFORMATION

THORMER Solutions Ltd 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.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. Development costs have been capitalised as the costs can be reliably measured and the asset is ready to generate income.

Development costs are not amortised.

TAXATION

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

GOVERNMENT GRANTS

Grants receivable in relation to profit and loss expenditure are credited to the profit & loss in the year for which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INTANGIBLE FIXED ASSETS

Developme

costs

£

COST

Additions

399

At 31 January 2023

399

NET BOOK VALUE

At 31 January 2023

399

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

49

Other debtors

155,901

155,950

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

83,197

Amounts owed to group undertakings

84,001

Other creditors

1,850

169,048