Company Registration No. 10292534 (England and Wales)
Time Hawk Limited
Unaudited accounts
for the year ended 31 March 2023
Time Hawk Limited
Unaudited accounts
Contents
Time Hawk Limited
Company Information
for the year ended 31 March 2023
Directors
Ms S Reeve
Mr M Hughes
Company Number
10292534 (England and Wales)
Registered Office
The Courtyard
4 Evelyn Road
London
W4 5JL
Time Hawk Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
108
460
Creditors: amounts falling due within one year
(22,605)
(22,465)
Net current liabilities
(22,497)
(21,979)
Net liabilities
(22,497)
(21,979)
Called up share capital
2
2
Profit and loss account
(22,499)
(21,981)
Shareholders' funds
(22,497)
(21,979)
For the year ending 31 March 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by
Ms S Reeve
Director
Company Registration No. 10292534
Time Hawk Limited
Notes to the Accounts
for the year ended 31 March 2023
Time Hawk Limited is a private company, limited by shares, registered in England and Wales, registration number 10292534. The registered office is The Courtyard, 4 Evelyn Road, London, W4 5JL.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Development costs are being amorised evenly over their estimated useful live of five years.
4
Intangible fixed assets
Other
Time Hawk Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
22,205
22,028
7
Transactions with related parties
Consider It Done Lifestyle Management Limited (company number 05038771)
A company of which Ms S Reeve is the sole shareholder and director. During the year, the company received advances from Consider It Done Lifestyle Management Limited and the total balance due at the end of the year was £22,204 (2022: £22,027).
8
Average number of employees
During the year the average number of employees was 0 (2022: 2).