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REGISTERED NUMBER: 04603061 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Timberman Limited

Timberman Limited (Registered number: 04603061)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Timberman Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: B M Jones
Mrs E M Jones
M A Jones



SECRETARY: Mrs E M Jones



REGISTERED OFFICE: The Old School
The Quay
Carmarthen
Carmarthenshire
SA31 3LN



REGISTERED NUMBER: 04603061 (England and Wales)



ACCOUNTANTS: Ashmole & Co.
Chartered Certified Accountants
The Old School
The Quay
Carmarthen
Carmarthenshire
SA31 3LN



BANKERS: Barclays Bank plc.
9/10 Guildhall Square
Carmarthen
CARMARTHENSHIRE
SA31 1PW

Timberman Limited (Registered number: 04603061)

Abridged Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 26,224 31,013
26,224 31,013

CURRENT ASSETS
Stocks 63,293 83,588
Debtors 1,083 1,584
Cash at bank and in hand 45,372 25,421
109,748 110,593
CREDITORS
Amounts falling due within one year 44,840 53,893
NET CURRENT ASSETS 64,908 56,700
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,132

87,713

PROVISIONS FOR LIABILITIES 4,980 5,889
NET ASSETS 86,152 81,824

CAPITAL AND RESERVES
Called up share capital 581 581
Retained earnings 85,571 81,243
SHAREHOLDERS' FUNDS 86,152 81,824

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

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

Timberman Limited (Registered number: 04603061)

Abridged Balance Sheet - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 September 2024 and were signed on its behalf by:





B M Jones - Director


Timberman Limited (Registered number: 04603061)

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

1. STATUTORY INFORMATION

Timberman 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023
and 31 January 2024 24,000
AMORTISATION
At 1 February 2023
and 31 January 2024 24,000
NET BOOK VALUE

At 31 January 2024 -
At 31 January 2023 -

Timberman Limited (Registered number: 04603061)

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

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023
and 31 January 2024 111,463
DEPRECIATION
At 1 February 2023 80,450
Charge for year 4,789
At 31 January 2024 85,239
NET BOOK VALUE
At 31 January 2024 26,224
At 31 January 2023 31,013

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs BM Jones.