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REGISTERED NUMBER: 13862366 (England and Wales)















Unaudited Financial Statements

for the Period 20 January 2022 to 31 January 2023

for

T-I-M-S (NE) Limited

T-I-M-S (NE) Limited (Registered number: 13862366)






Contents of the Financial Statements
for the Period 20 January 2022 to 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


T-I-M-S (NE) Limited

Company Information
for the Period 20 January 2022 to 31 January 2023







DIRECTOR: L Poole





REGISTERED OFFICE: Holly House
Kirkby-in-Cleveland
Middlesbrough
Cleveland
TS9 7AQ





REGISTERED NUMBER: 13862366 (England and Wales)





ACCOUNTANTS: APC Accountancy
Chartered Accountants
Queens Court Business Centre
Newport Road
Middlesbrough
TS1 5EH

T-I-M-S (NE) Limited (Registered number: 13862366)

Balance Sheet
31 January 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 20,560

CURRENT ASSETS
Debtors 5 9,371
Cash at bank 39,522
48,893
CREDITORS
Amounts falling due within one year 6 41,232
NET CURRENT ASSETS 7,661
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,221

PROVISIONS FOR LIABILITIES 7 3,906
NET ASSETS 24,315

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings 24,313
24,315

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 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.

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 1 October 2023 and were signed by:





L Poole - Director


T-I-M-S (NE) Limited (Registered number: 13862366)

Notes to the Financial Statements
for the Period 20 January 2022 to 31 January 2023

1. STATUTORY INFORMATION

T-I-M-S (NE) 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 - 25% on reducing balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment loss.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual
provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the period 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 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.

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.

T-I-M-S (NE) Limited (Registered number: 13862366)

Notes to the Financial Statements - continued
for the Period 20 January 2022 to 31 January 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 26,306
At 31 January 2023 26,306
DEPRECIATION
Charge for period 5,746
At 31 January 2023 5,746
NET BOOK VALUE
At 31 January 2023 20,560

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 9,371

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 2,820
Taxation and social security 7,760
Other creditors 30,652
41,232

7. PROVISIONS FOR LIABILITIES
£   
Deferred tax 3,906

Deferred
tax
£   
Timing differences 3,906
Balance at 31 January 2023 3,906

8. RELATED PARTY DISCLOSURES

As at the 31st January 2023 the company owed its director £28,902.

9. ULTIMATE CONTROLLING PARTY

The controlling party is L Poole.