Company Registration No. 06817241 (England and Wales)
Thornhill Eco Design Limited
Unaudited accounts
for the year ended 31 March 2020
Thornhill Eco Design Limited
Unaudited accounts
Contents
Thornhill Eco Design Limited
Company Information
for the year ended 31 March 2020
Director
Graham Thornhill
Company Number
06817241 (England and Wales)
Registered Office
Suite 2D
The Links
Herne Bay
Kent
CT6 9GQ
Accountants
Crossley & Davis Limited
Suite 2D, The Links
Herne Bay
Kent
CT6 7GQ
Thornhill Eco Design Limited
Statement of financial position
as at
31 March 2020
Tangible assets
30,566
16,105
Inventories
49,399
47,837
Cash at bank and in hand
(20,979)
(28,039)
Creditors: amounts falling due within one year
(140,903)
(134,520)
Net current liabilities
(18,893)
(25,594)
Net assets/(liabilities)
11,673
(9,489)
Called up share capital
1
1
Revaluation reserve
(18,349)
(18,349)
Profit and loss account
30,021
8,859
Shareholders' funds
11,673
(9,489)
For the year ending 31 March 2020 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 December 2020 and were signed on its behalf by
Graham Thornhill
Director
Company Registration No. 06817241
Thornhill Eco Design Limited
Notes to the Accounts
for the year ended 31 March 2020
Thornhill Eco Design Limited is a private company, limited by shares, registered in England and Wales, registration number 06817241. The registered office is Suite 2D, The Links, Herne Bay, Kent, CT6 9GQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2019
22,563
18,500
41,063
Additions
-
25,995
25,995
Disposals
-
(18,500)
(18,500)
At 31 March 2020
22,563
25,995
48,558
At 1 April 2019
10,147
14,811
24,958
Charge for the year
2,355
4,680
7,035
On disposals
-
(14,001)
(14,001)
At 31 March 2020
12,502
5,490
17,992
At 31 March 2020
10,061
20,505
30,566
At 31 March 2019
12,416
3,689
16,105
Raw materials
49,399
47,837
Thornhill Eco Design Limited
Notes to the Accounts
for the year ended 31 March 2020
Trade debtors
93,590
89,128
7
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
22,666
29,399
Obligations under finance leases and hire purchase contracts
16,298
(4,338)
Trade creditors
30,553
24,909
Amounts owed to group undertakings and other participating interests
-
38,957
Taxes and social security
13,186
5,242
Other creditors
5,100
1,156
Loans from directors
48,591
36,270
8
Average number of employees
During the year the average number of employees was 5 (2019: 5).