IRIS Accounts Production v24.2.0.383 10050015 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh100500152023-03-31100500152024-03-31100500152023-04-012024-03-31100500152022-03-31100500152022-04-012023-03-31100500152023-03-3110050015ns15:EnglandWales2023-04-012024-03-3110050015ns14:PoundSterling2023-04-012024-03-3110050015ns10:Director12023-04-012024-03-3110050015ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110050015ns10:SmallEntities2023-04-012024-03-3110050015ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110050015ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110050015ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110050015ns10:FullAccounts2023-04-012024-03-3110050015ns10:RegisteredOffice2023-04-012024-03-3110050015ns5:CurrentFinancialInstruments2024-03-3110050015ns5:CurrentFinancialInstruments2023-03-3110050015ns5:Non-currentFinancialInstruments2024-03-3110050015ns5:Non-currentFinancialInstruments2023-03-3110050015ns5:ShareCapital2024-03-3110050015ns5:ShareCapital2023-03-3110050015ns5:RetainedEarningsAccumulatedLosses2024-03-3110050015ns5:RetainedEarningsAccumulatedLosses2023-03-3110050015ns5:PlantMachinery2023-04-012024-03-3110050015ns5:PlantMachinery2023-03-3110050015ns5:FurnitureFittings2023-03-3110050015ns5:MotorVehicles2023-03-3110050015ns5:FurnitureFittings2023-04-012024-03-3110050015ns5:MotorVehicles2023-04-012024-03-3110050015ns5:PlantMachinery2024-03-3110050015ns5:FurnitureFittings2024-03-3110050015ns5:MotorVehicles2024-03-3110050015ns5:PlantMachinery2023-03-3110050015ns5:FurnitureFittings2023-03-3110050015ns5:MotorVehicles2023-03-3110050015ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3110050015ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 10050015 (England and Wales)












David Timperley Interiors Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






David Timperley Interiors Limited (Registered number: 10050015)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


David Timperley Interiors Limited

Company Information
for the Year Ended 31 March 2024







Director: D J Timperley





Registered office: Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ





Registered number: 10050015 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

David Timperley Interiors Limited (Registered number: 10050015)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 9,198 12,181

Current assets
Stocks 19,500 26,125
Debtors 5 37,310 6,555
Cash at bank 67,774 29,294
124,584 61,974
Creditors
Amounts falling due within one year 6 159,965 140,962
Net current liabilities (35,381 ) (78,988 )
Total assets less current liabilities (26,183 ) (66,807 )

Creditors
Amounts falling due after more than one
year

7

7,157

12,764
Net liabilities (33,340 ) (79,571 )

Capital and reserves
Called up share capital 110 110
Retained earnings (33,450 ) (79,681 )
Shareholders' funds (33,340 ) (79,571 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

David Timperley Interiors Limited (Registered number: 10050015)

Balance Sheet - continued
31 March 2024


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 20 September 2024 and were signed by:





D J Timperley - Director


David Timperley Interiors Limited (Registered number: 10050015)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. Statutory information

David Timperley Interiors 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
This is the first year in which the financial statements have been prepared under Financial Reporting Standard 102. The transition from preparing the financial statements in accordance with Financial Reporting Standard for Smaller Entities 2015 to Financial Reporting Standard 102 Section 1A has had no material impact on either the financial position or the financial performance as previously reported by the company.


The financial statements have been prepared on a going concern basis on the grounds that the director will continue to provide sufficient finance to enable the company to continue trading for the foreseeable future.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company does not operate a company pension scheme but makes contributions to a personal pension scheme of the director. Contributions payable for the year are charged in the profit and loss account.

3. Employees and directors

The average number of employees during the year was 5 (2023 - 5 ) .

David Timperley Interiors Limited (Registered number: 10050015)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. Tangible fixed assets
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
Cost
At 1 April 2023 2,597 - 28,828 31,425
Additions 4,247 328 - 4,575
At 31 March 2024 6,844 328 28,828 36,000
Depreciation
At 1 April 2023 1,947 - 17,297 19,244
Charge for year 1,711 82 5,765 7,558
At 31 March 2024 3,658 82 23,062 26,802
Net book value
At 31 March 2024 3,186 246 5,766 9,198
At 31 March 2023 650 - 11,531 12,181

5. Debtors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Trade debtors 26,996 -
Other debtors 10,314 6,555
37,310 6,555

6. Creditors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 5,607 5,439
Trade creditors 509 -
Taxation and social security 12,628 8,799
Other creditors 141,221 126,724
159,965 140,962

7. Creditors: amounts falling due after more than one year
31.3.24 31.3.23
£    £   
Bank loans 7,157 12,764