REGISTERED NUMBER: 04957725 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

THORNDON PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

TRAFALGAR NOMINEES LIMITED

P J TOLHURST

SECRETARY:

P J TOLHURST

REGISTERED OFFICE:

THIRD FLOOR

MARLBOROUGH HOUSE VICTORIA ROAD SOUTH

CHELMSFORD

ESSEX

CM1 1LN

REGISTERED NUMBER:

04957725 (England and Wales)

ACCOUNTANTS:

GOLDWYNS

CHARTERED ACCOUNTANTS

13 DAVID MEWS

PORTER STREET

LONDON

W1U 6EQ

FIXED ASSETS

Investments

4

19,998

-

CURRENT ASSETS

Debtors

5

49,791

42,856

Cash at bank

14,549

41,379

64,340

84,235

CREDITORS

Amounts falling due within one year

6

800

155

NET CURRENT ASSETS

63,540

84,080

TOTAL ASSETS LESS CURRENT LIABILITIES

83,538

84,080

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

8

82,538

83,080

SHAREHOLDERS' FUNDS

83,538

84,080

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 6 June 2018 and were signed on its behalf by:

P J TOLHURST - Director

1.	STATUTORY INFORMATION

THORNDON PROPERTIES 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, 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 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.

Debtors and creditors receivable/ payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are

recorded at transaction price. Any losses arising from impairment are recognized in the profit and

loss account in other administrative expenses.

Other investments

The investments in Unlisted companies is carried at cost, with provision made for permanent

diminution in value, where necessary.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

Additions

19,998

At 31 March 2018

19,998

NET BOOK VALUE

At 31 March 2018

19,998

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

48,856

42,856

Tax

135

-

Prepayments and accrued income

800

-

49,791

42,856

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Tax

-

155

Accrued expenses

800

-

800

155

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2018

2017

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.

RESERVES

Retained

earnings

£

At 1 April 2017

83,080

Deficit for the year

(542

)

At 31 March 2018

82,538