IRIS Accounts Production v23.4.0.336 09381097 director 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093810972023-01-31093810972024-01-31093810972023-02-012024-01-31093810972022-01-31093810972022-02-012023-01-31093810972023-01-3109381097ns15:EnglandWales2023-02-012024-01-3109381097ns14:PoundSterling2023-02-012024-01-3109381097ns10:Director12023-02-012024-01-3109381097ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3109381097ns10:SmallEntities2023-02-012024-01-3109381097ns10:AuditExemptWithAccountantsReport2023-02-012024-01-3109381097ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3109381097ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3109381097ns10:FullAccounts2023-02-012024-01-3109381097ns10:RegisteredOffice2023-02-012024-01-3109381097ns5:CurrentFinancialInstruments2024-01-3109381097ns5:CurrentFinancialInstruments2023-01-3109381097ns5:ShareCapital2024-01-3109381097ns5:ShareCapital2023-01-3109381097ns5:RetainedEarningsAccumulatedLosses2024-01-3109381097ns5:RetainedEarningsAccumulatedLosses2023-01-3109381097ns5:ComputerEquipment2023-02-012024-01-3109381097ns5:ComputerEquipment2023-01-3109381097ns5:ComputerEquipment2024-01-3109381097ns5:ComputerEquipment2023-01-3109381097ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3109381097ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 09381097 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Tim Hinchcliffe Commercial Broker Ltd

Tim Hinchcliffe Commercial Broker Ltd (Registered number: 09381097)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4


Tim Hinchcliffe Commercial Broker Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mr T C Hinchcliffe





REGISTERED OFFICE: Ground Floor, Units 6 & 7
Eastway Business Village
Olivers Place, Fulwood
Preston
Lancashire
PR2 9WT





REGISTERED NUMBER: 09381097 (England and Wales)





ACCOUNTANTS: Mark Vickers Accountants Limited
Ground Floor
6&7 Eastway Business Village
Olivers Place
Preston
Lancashire
PR2 9WT

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Tim Hinchcliffe Commercial Broker Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tim Hinchcliffe Commercial Broker Ltd for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Tim Hinchcliffe Commercial Broker Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tim Hinchcliffe Commercial Broker Ltd and state those matters that we have agreed to state to the director of Tim Hinchcliffe Commercial Broker Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Tim Hinchcliffe Commercial Broker Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tim Hinchcliffe Commercial Broker Ltd. You consider that Tim Hinchcliffe Commercial Broker Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tim Hinchcliffe Commercial Broker Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mark Vickers Accountants Limited
Ground Floor
6&7 Eastway Business Village
Olivers Place
Preston
Lancashire
PR2 9WT


Date: .............................................

Tim Hinchcliffe Commercial Broker Ltd (Registered number: 09381097)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 570 324

CURRENT ASSETS
Stocks 5 2,550 2,550
Debtors 6 1,500 -
Cash at bank 16,647 24,706
20,697 27,256
CREDITORS
Amounts falling due within one year 7 8,403 12,801
NET CURRENT ASSETS 12,294 14,455
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,864

14,779

PROVISIONS FOR LIABILITIES 108 62
NET ASSETS 12,756 14,717

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,656 14,617
SHAREHOLDERS' FUNDS 12,756 14,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 13 March 2024 and were signed by:



Mr T C Hinchcliffe - Director


Tim Hinchcliffe Commercial Broker Ltd (Registered number: 09381097)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Tim Hinchcliffe Commercial Broker Ltd 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.
Computer equipment - 33% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 (2023 - 1 ) .

Tim Hinchcliffe Commercial Broker Ltd (Registered number: 09381097)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2023 2,045
Additions 527
At 31 January 2024 2,572
DEPRECIATION
At 1 February 2023 1,721
Charge for year 281
At 31 January 2024 2,002
NET BOOK VALUE
At 31 January 2024 570
At 31 January 2023 324

5. STOCKS
31.1.24 31.1.23
£    £   
Stocks 550 550
Work-in-progress 2,000 2,000
2,550 2,550

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 1,500 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Taxation and social security 6,255 3,154
Other creditors 2,148 9,647
8,403 12,801