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REGISTERED NUMBER: 13498128 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Timeless & Flow Investments Ltd.

Timeless & Flow Investments Ltd. (Registered number: 13498128)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Timeless & Flow Investments Ltd. (Registered number: 13498128)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 250 350
Investment property 5 185,000 195,000
185,250 195,350

CURRENT ASSETS
Debtors 6 3,816 4,816
Cash at bank 2,187 2,873
6,003 7,689
CREDITORS
Amounts falling due within one year 7 723 -
NET CURRENT ASSETS 5,280 7,689
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,530

203,039

CREDITORS
Amounts falling due after more than
one year

8

223,200

226,878
NET LIABILITIES (32,670 ) (23,839 )

Timeless & Flow Investments Ltd. (Registered number: 13498128)

Statement of Financial Position - continued
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 - 6,051
Retained earnings (32,770 ) (29,990 )
SHAREHOLDERS' FUNDS (32,670 ) (23,839 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:





Mr Cornelis Pater - Director


Timeless & Flow Investments Ltd. (Registered number: 13498128)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Timeless & Flow Investments Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13498128

Registered office: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the fair value of rent received or receivable from the investment properties, 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 - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.


Timeless & Flow Investments Ltd. (Registered number: 13498128)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
The company has net liabilities of £32,670. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 January 2023
and 31 December 2023 500
DEPRECIATION
At 1 January 2023 150
Charge for year 100
At 31 December 2023 250
NET BOOK VALUE
At 31 December 2023 250
At 31 December 2022 350

Timeless & Flow Investments Ltd. (Registered number: 13498128)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 195,000
Revaluations (6,051 )
Impairments (3,949 )
At 31 December 2023 185,000
NET BOOK VALUE
At 31 December 2023 185,000
At 31 December 2022 195,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2022 6,051
Valuation in 2023 (10,000 )
Cost 188,949
185,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 3,816 4,816

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 723 -

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 223,200 226,878

Timeless & Flow Investments Ltd. (Registered number: 13498128)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Fair
value
reserve
£   
At 1 January 2023 6,051
Transfer to/from reserves (6,051 )

At 31 December 2023 -

11. RELATED PARTY DISCLOSURES

The company owes £312 to its director, Mr Cornelis Pater as at accounting year end date.

The company owes £312 to its director, Ms Cindy Margaretha Oorschot as at accounting year end date.

The company owes £223,200 including €256,680 (2022 : £226,878 including €255,805) as at accounting year end date to Timeless & Flow Holding B.V., a company registered in Netherlands (Company registered number: 83066578) as at accounting year end date , who is also a sole shareholder of the company as at accounting year end date.