Acorah Software Products - Accounts Production 15.0.600 true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12839703 Mrs R C Roberts Mr P G Roberts iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12839703 2023-08-31 12839703 2024-08-31 12839703 2023-09-01 2024-08-31 12839703 frs-core:ShareCapital 2024-08-31 12839703 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12839703 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12839703 frs-bus:SmallEntities 2023-09-01 2024-08-31 12839703 frs-bus:EntityHasNeverTraded 2023-09-01 2024-08-31 12839703 frs-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 12839703 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12839703 frs-bus:Director1 2023-09-01 2024-08-31 12839703 frs-bus:Director2 2023-09-01 2024-08-31 12839703 frs-countries:EnglandWales 2023-09-01 2024-08-31 12839703 2022-08-31 12839703 2023-08-31 12839703 2022-09-01 2023-08-31 12839703 frs-core:ShareCapital 2023-08-31
Registered number: 12839703
Timeless Composites Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2
Notes to the Financial Statements 3
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Timeless Composites Ltd for the year ended 31 August 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Timeless Composites Ltd which comprise the Profit and Loss Account, the 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 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/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Timeless Composites Ltd , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Timeless Composites Ltd and state those matters that we have agreed to state to the directors of Timeless Composites Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Timeless Composites Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Timeless Composites Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Timeless Composites Ltd . You consider that Timeless Composites 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 accounts of Timeless Composites 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 financial statements.
Signed
5 September 2024
Raven Accounting (West Midlands) Limited
Chartered Certified Accountants
9-11 Stratford Road
Shirley
Solihull
B90 3LU
Page 1
Page 2
Balance Sheet
Registered number: 12839703
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 10 10
10 10
NET CURRENT ASSETS (LIABILITIES) 10 10
TOTAL ASSETS LESS CURRENT LIABILITIES 10 10
NET ASSETS 10 10
CAPITAL AND RESERVES
Called up share capital 4 10 10
SHAREHOLDERS' FUNDS 10 10
For the year ending 31 August 2024 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
Mr P G Roberts
Director
5 September 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Timeless Composites Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12839703 . The registered office is 9-11 Stratford Road, Shirley, Solihull, B90 3LU.
The presentaion currency of the financial statements is the Pound Sterlimg (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 3