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Registered number: 06612071

TIM K CONSTRUCTION LIMITED

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024

Prepared By:
BR Accountants LTD
14a
Mary Rose Mall
Beckton
London
E6 5LX

TIM K CONSTRUCTION LIMITED

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
DIRECTORS
James William JARMAN
Cristinel SOLOMON
Tim SPENCE
SECRETARY
Monica SOLOMON
REGISTERED OFFICE
Salisbury Hall London Colney
St. Albans
AL2 1BU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06612071
ACCOUNTANTS
BR Accountants LTD
14a
Mary Rose Mall
Beckton
London
E6 5LX

TIM K CONSTRUCTION LIMITED

ACCOUNTS
FOR THEYEARENDED30/06/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

TIM K CONSTRUCTION LIMITED

BALANCE SHEET AT 30/06/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3991,75497,273
CURRENT ASSETS
Debtors42,994,9221,124,432
Cash at bank and in hand1,245,9372,304,219
4,240,8593,428,651
CREDITORS: Amounts falling due within one year52,605,1171,171,003
NET CURRENT ASSETS1,635,7422,257,648
TOTAL ASSETS LESS CURRENT LIABILITIES2,627,4962,354,921
CREDITORS: Amounts falling due after more than one year6241,784388,256
PROVISIONS FOR LIABILITIES AND CHARGES7-86,094
NET ASSETS2,385,7121,880,571
CAPITAL AND RESERVES
Called up share capital811
Profit and loss account2,385,7111,880,570
SHAREHOLDERS' FUNDS2,385,7121,880,571
For the year ending 30/06/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 08/10/2024 and signed on their behalf by
.............................
Cristinel SOLOMON
Director

TIM K CONSTRUCTION LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery %
Motor Cars %
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees76

TIM K CONSTRUCTION LIMITED

3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 01/07/2023-97,27397,273
Additions880,74724,814905,561
At 30/06/2024880,747122,0871,002,834
Depreciation
For the year-11,08011,080
At 30/06/2024-11,08011,080
Net Book Amounts
At 30/06/2024880,747111,007991,754
At 30/06/2023-97,27397,273
4. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors2,623,510966,843
VAT351,412137,589
Other debtors20,00020,000
2,994,9221,124,432
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Trade creditors2,202,940803,778
Taxation and social security172,040114,398
Other creditors230,137252,827
2,605,1171,171,003
Included within other creditors are obligations under finance leases-23,914

TIM K CONSTRUCTION LIMITED

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans and overdrafts241,784388,256
241,784388,256
7. PROVISIONS FOR LIABILITIES 20242023
££
CITB-86,094
-86,094
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11