2023-01-01 07480597 2023-12-31 07480597 2023-01-01 2023-12-31 07480597 2022-12-31 07480597 2022-01-01 2022-12-31 07480597 uk-core:WithinOneYear 2022-12-31 07480597 uk-core:WithinOneYear 2023-12-31 07480597 uk-core:AfterOneYear 2022-12-31 07480597 uk-core:AfterOneYear 2023-12-31 07480597 uk-core:ShareCapital 2023-12-31 07480597 uk-core:ShareCapital 2022-12-31 07480597 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 07480597 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 07480597 uk-bus:Director1 2023-01-01 2023-12-31 07480597 uk-core:PlantMachinery 2023-01-01 2023-12-31 07480597 uk-core:MotorVehicles 2023-01-01 2023-12-31 07480597 uk-core:AfterOneYear uk-core:Secured 2023-12-31 07480597 uk-core:AfterOneYear uk-core:Secured 2022-12-31 07480597 uk-core:AfterOneYear 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 07480597 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07480597 uk-bus:FRS102 2023-01-01 2023-12-31 07480597 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 07480597 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Tim Barker Sound Limited
Registered Number:07480597
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Tim Barker Sound Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07480597
As at 31 December 2023
Tim Barker Sound Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
28,348
31,339
2
28,348
31,339
Current assets
Trade and other receivables
189
189
3
72,926
Cash and cash equivalents
72,926
73,115
73,115
Trade and other payables: amounts falling due within one
year
(27,792)
(27,792)
4
45,323
45,323
Net current assets
Total assets less current liabilities
73,671
76,662
Trade and other payables: amounts falling due after more
than one year
(19,050)
(19,050)
5
(2,171)
(2,171)
Provisions for liabilities
52,450
Net assets
55,441
Capital and reserves
Called up share capital
2
2
Retained earnings
52,448
55,439
52,450
55,441
Shareholders' funds
For the year ended 31 December 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr T R Barker Director
These financial statements were approved and authorised for issue by the Board on 02 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Tim Barker Sound Limited
Notes to the Financial Statements
Statutory Information
Tim Barker Sound Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07480597.
Registered address:
16 Dunsmure Road
London
N16 5PW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25 Reducing balance
25 Reducing balance
Motor vehicles
2. Property, plant and equipment
Plant and
machinery
£
Cost or
valuation
At 01 January 2023
110,959
6,458
Additions
At 31 December 2023
117,417
Provision for depreciation and impairment
At 01 January 2023
79,620
Charge for year
9,449
At 31 December 2023
89,069
At 31 December 2023
Net book value
28,348
At 31 December 2022
31,339
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5
For the year ended 31 December 2023
Tim Barker Sound Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
189
189
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
5,738
5,738
Taxation and social security
22,054
22,054
27,792
27,792
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
19,050
19,050
Defferred Tax
6. Average number of persons employed
During the year the average number of employees was 0
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