Tempus Dais Limited
Registered number: 13666907
Statement of Financial Position
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,054 -
Current assets
Cash at bank and in hand 25,119 13,058
Creditors: amounts falling due within one year 4 (7,905) (4,965)
Net current assets 17,214 8,093
Net assets 18,268 8,093
Capital and reserves
Called up share capital 10 10
Profit and loss account 18,258 8,083
Shareholder's funds 18,268 8,093
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G Wright
Director
Approved by the board on 14 February 2024
Tempus Dais Limited
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Creditors
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees and directors 2023 2022
Number Number
Average number of directors and persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 1,405
At 31 October 2023 1,405
Depreciation
Charge for the year 351
At 31 October 2023 351
Net book value
At 31 October 2023 1,054
4 Creditors: amounts falling due within one year 2023 2022
£ £
Accruals 1,224 1,164
Corporation tax 5,637 3,069
Other creditors 1,044 732
7,905 4,965
5 Other information
Tempus Dais Limited is a private company limited by shares and incorporated in England. Its registered office is:
11 Farnham Park Close
Farnham
Surrey
GU9 0HT
Tempus Dais Limited 13666907 false 2022-11-01 2023-10-31 2023-10-31 VT Final Accounts April 2022 G Wright No description of principal activity 13666907 2021-10-07 2022-10-31 13666907 core:WithinOneYear 2022-10-31 13666907 core:ShareCapital 2022-10-31 13666907 core:RetainedEarningsAccumulatedLosses 2022-10-31 13666907 2022-11-01 2023-10-31 13666907 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 13666907 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 13666907 bus:Director40 2022-11-01 2023-10-31 13666907 2 2022-11-01 2023-10-31 13666907 core:PlantMachinery 2022-11-01 2023-10-31 13666907 countries:England 2022-11-01 2023-10-31 13666907 bus:FRS102 2022-11-01 2023-10-31 13666907 bus:FullAccounts 2022-11-01 2023-10-31 13666907 2023-10-31 13666907 core:WithinOneYear 2023-10-31 13666907 core:ShareCapital 2023-10-31 13666907 core:RetainedEarningsAccumulatedLosses 2023-10-31 13666907 core:PlantMachinery 2023-10-31 13666907 2022-10-31 iso4217:GBP xbrli:pure