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REGISTERED NUMBER: 06741416 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30th November 2021

for

Tim Sutton Limited

Tim Sutton Limited (Registered number: 06741416)






Contents of the Financial Statements
for the year ended 30th November 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tim Sutton Limited

Company Information
for the year ended 30th November 2021







DIRECTOR: T E Sutton





SECRETARY: Ms M Nabet





REGISTERED OFFICE: 49 Greek Street
London
W1D 4EG





REGISTERED NUMBER: 06741416 (England and Wales)





ACCOUNTANTS: Apple Accounting Services Ltd
Chartered Management Accountants
12b Sun Street
Waltham Abbey
Essex
EN9 1EE

Tim Sutton Limited (Registered number: 06741416)

Balance Sheet
30th November 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,430 43,909

CURRENT ASSETS
Debtors 5 20,609 37,102
Cash at bank 236,775 196,305
257,384 233,407
CREDITORS
Amounts falling due within one year 6 37,932 53,858
NET CURRENT ASSETS 219,452 179,549
TOTAL ASSETS LESS CURRENT
LIABILITIES

248,882

223,458

PROVISIONS FOR LIABILITIES 5,592 8,343
NET ASSETS 243,290 215,115

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 243,190 215,015
SHAREHOLDERS' FUNDS 243,290 215,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Tim Sutton Limited (Registered number: 06741416)

Balance Sheet - continued
30th November 2021


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th August 2022 and were signed by:





T E Sutton - Director


Tim Sutton Limited (Registered number: 06741416)

Notes to the Financial Statements
for the year ended 30th November 2021

1. STATUTORY INFORMATION

Tim Sutton 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 etc - 33% on reducing balance and 25% on reducing balance

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

Tim Sutton Limited (Registered number: 06741416)

Notes to the Financial Statements - continued
for the year ended 30th November 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2020 186,498
Additions 228
Disposals (738 )
At 30th November 2021 185,988
DEPRECIATION
At 1st December 2020 142,589
Charge for year 14,573
Eliminated on disposal (604 )
At 30th November 2021 156,558
NET BOOK VALUE
At 30th November 2021 29,430
At 30th November 2020 43,909

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 14,128 35,562
Other debtors 6,481 1,540
20,609 37,102

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 1,672 987
Taxation and social security 18,113 10,136
Other creditors 18,147 42,735
37,932 53,858

Tim Sutton Limited (Registered number: 06741416)

Notes to the Financial Statements - continued
for the year ended 30th November 2021

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th November 2021 and 30th November 2020:

2021 2020
£    £   
T E Sutton
Balance outstanding at start of year (25,084 ) (36,564 )
Amounts advanced 30,550 11,480
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,466 (25,084 )

All director loans are interest free and repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The controlling party is T E Sutton.