Acorah Software Products - Accounts Production 14.6.300 true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 SC060901 Miss Samantha Cartwright Mr Darren Cartwright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC060901 2022-10-31 SC060901 2023-10-31 SC060901 2022-11-01 2023-10-31 SC060901 frs-core:CurrentFinancialInstruments 2023-10-31 SC060901 frs-core:FurnitureFittings 2023-10-31 SC060901 frs-core:FurnitureFittings 2022-11-01 2023-10-31 SC060901 frs-core:FurnitureFittings 2022-10-31 SC060901 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 SC060901 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 SC060901 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-10-31 SC060901 frs-core:MotorVehicles 2023-10-31 SC060901 frs-core:MotorVehicles 2022-11-01 2023-10-31 SC060901 frs-core:MotorVehicles 2022-10-31 SC060901 frs-core:PlantMachinery 2023-10-31 SC060901 frs-core:PlantMachinery 2022-11-01 2023-10-31 SC060901 frs-core:PlantMachinery 2022-10-31 SC060901 frs-core:ShareCapital 2023-10-31 SC060901 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC060901 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 SC060901 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 SC060901 frs-bus:SmallEntities 2022-11-01 2023-10-31 SC060901 frs-bus:EntityNoLongerTradingButTradedInPast 2022-11-01 2023-10-31 SC060901 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 SC060901 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 SC060901 frs-bus:Director1 2022-11-01 2023-10-31 SC060901 frs-bus:Director2 2022-11-01 2023-10-31 SC060901 frs-countries:Scotland 2022-11-01 2023-10-31 SC060901 2021-10-31 SC060901 2022-10-31 SC060901 2021-11-01 2022-10-31 SC060901 frs-core:CurrentFinancialInstruments 2022-10-31 SC060901 frs-core:ShareCapital 2022-10-31 SC060901 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: SC060901
Timber Components (UK) Ltd.
Unaudited Financial Statements
For The Year Ended 31 October 2023
Harleys Bookkeeping & Tax Returns Ltd
Dalgety Bay Business Centre
Sybrig House
Ridge Way
Dalgety Bay
KY11 9JN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC060901
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,040 8,295
8,040 8,295
CURRENT ASSETS
Debtors 5 6,788 6,327
Cash at bank and in hand 743,713 875,673
750,501 882,000
Creditors: Amounts Falling Due Within One Year 6 (13,354 ) (15,593 )
NET CURRENT ASSETS (LIABILITIES) 737,147 866,407
TOTAL ASSETS LESS CURRENT LIABILITIES 745,187 874,702
NET ASSETS 745,187 874,702
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 745,087 874,602
SHAREHOLDERS' FUNDS 745,187 874,702
Page 1
Page 2
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Samantha Cartwright
Director
Mr Darren Cartwright
Director
25/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Timber Components (UK) Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC060901 . The registered office is 9 Hawley Road, Falkirk, FK1 1SH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 4% Straight Line
Plant & Machinery 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 10% Reducing Balance
2.3. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 November 2022 - 5,356 22,000 - 27,356
Additions - 2,081 - - 2,081
As at 31 October 2023 - 7,437 22,000 - 29,437
...CONTINUED
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Page 4
Depreciation
As at 1 November 2022 - 2,274 16,787 - 19,061
Provided during the period - 1,033 1,303 - 2,336
As at 31 October 2023 - 3,307 18,090 - 21,397
Net Book Value
As at 31 October 2023 - 4,130 3,910 - 8,040
As at 1 November 2022 - 3,082 5,213 - 8,295
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 5,026 5,038
VAT 1,762 1,289
6,788 6,327
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 7,426 4,301
Corporation tax - 6,508
Other taxes and social security 2,908 2,807
Net wages 1,037 -
Other creditors 270 277
Accruals and deferred income 1,713 1,700
13,354 15,593
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4