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REGISTERED NUMBER: 11668411 (England and Wales)















Financial Statements

for the Period 1 December 2022 to 31 December 2023

for

Timeriver Limited

Timeriver Limited (Registered number: 11668411)






Contents of the Financial Statements
for the Period 1 December 2022 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Timeriver Limited

Company Information
for the Period 1 December 2022 to 31 December 2023







DIRECTOR: D H Kollmann





REGISTERED OFFICE: C/O Price & Accountants Ltd
Wework, 3 Waterhouse Square
138-142 Holborn
London
EC1N 2SW





REGISTERED NUMBER: 11668411 (England and Wales)





ACCOUNTANTS: Price & Accountants Ltd
WeWork
3 Waterhouse Square
138 - 142 Holborn
London
EC1N 2SW

Timeriver Limited (Registered number: 11668411)

Balance Sheet
31 December 2023

31.12.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 10,211,043 -

CURRENT ASSETS
Debtors 5 169,153 150,000

CREDITORS
Amounts falling due within one year 6 7,845,780 -
NET CURRENT (LIABILITIES)/ASSETS (7,676,627 ) 150,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,534,416

150,000

CREDITORS
Amounts falling due after more than one year 7 2,817,614 -
NET (LIABILITIES)/ASSETS (283,198 ) 150,000

CAPITAL AND RESERVES
Called up share capital 150,000 150,000
Retained earnings (433,198 ) -
(283,198 ) 150,000

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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.

Timeriver Limited (Registered number: 11668411)

Balance Sheet - continued
31 December 2023


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 23 September 2024 and were signed by:





D H Kollmann - Director


Timeriver Limited (Registered number: 11668411)

Notes to the Financial Statements
for the Period 1 December 2022 to 31 December 2023

1. STATUTORY INFORMATION

Timeriver Limited 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 10,211,043
At 31 December 2023 10,211,043
NET BOOK VALUE
At 31 December 2023 10,211,043

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.11.22
£    £   
Other debtors 169,153 150,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.11.22
£    £   
Bank loans and overdrafts 531 -
Trade creditors 79,851 -
Amounts owed to group undertakings 233,082 -
Other creditors 7,532,316 -
7,845,780 -

Timeriver Limited (Registered number: 11668411)

Notes to the Financial Statements - continued
for the Period 1 December 2022 to 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 30.11.22
£    £   
Other creditors 2,817,614 -

8. ULTIMATE CONTROLLING PARTY

The controlling party is Hubert Freidl.