TIMPROXY LIMITED

Company Registration Number:
SC426887 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

TIMPROXY LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TIMPROXY LIMITED

Company Information

for the Period Ended 30 June 2023




Director: TIMOTHY NUNU
Registered office: 3, Hamiltonhill Gardens
Hamiltonhill Gardens
Glasgow
GB-SCT
G22 5PR
Company Registration Number: SC426887 (Scotland)

TIMPROXY LIMITED

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
TIMOTHY NUNU

This report was approved by the board of directors on 31 March 2024
And Signed On Behalf Of The Board By:

Name: TIMOTHY NUNU
Status: Director

TIMPROXY LIMITED

Profit and Loss Account

for the Period Ended 30 June 2023


Notes

2023
£

2022
£
Turnover 278,025 305,944
Cost of sales ( 277,820 ) ( 302,191 )
Gross Profit or (Loss) 205 3,753
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 876 ) ( 2,879 )
Other operating income 0 0
Operating Profit or (Loss) ( 671 ) 874
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 671 ) 874
Profit or (Loss) for Period ( 671 ) 874

The notes form part of these financial statements

TIMPROXY LIMITED

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors: 6 37,099 37,517
Cash at bank and in hand: 0 779
Total current assets: 37,099 38,296
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 0 ) ( 0 )
Net current assets (liabilities): 37,099 38,296
Total assets less current liabilities: 37,099 38,296
Creditors: amounts falling due after more than one year: 8 ( 37,500 ) ( 37,500 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 401 ) 796

The notes form part of these financial statements

TIMPROXY LIMITED

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 501 ) 696
Shareholders funds: ( 401 ) 796

For the year ending 30 June 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 March 2024
And Signed On Behalf Of The Board By:

Name: TIMOTHY NUNU
Status: Director

The notes form part of these financial statements

TIMPROXY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TIMPROXY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

TIMPROXY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

TIMPROXY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Intangible assets

Other Total
Cost £ £
At 01 July 2022 - -
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 30 June 2023 0 0
Amortisation
Amortisation at 01 July 2022 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
Amortisation at 30 June 2023 0 0
Net book value
Net book value at 30 June 2023 0 0
Net book value at 30 June 2022 0 0

TIMPROXY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Tangible assets

Office equipment Total
Cost £ £
At 01 July 2022 0 0
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 30 June 2023 0 0
Depreciation
At 01 July 2022 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 30 June 2023 0 0
Net book value
At 30 June 2023 0 0
At 30 June 2022 0 0

TIMPROXY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Debtors


2023
£

2022
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 37,099 37,517
Total 37,099 37,517
Debtors due after more than one year: 0 0

Bounce Back Loan

TIMPROXY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 0 0

TIMPROXY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 37,500 37,500
Total 37,500 37,500