Registered number
14636267
Time For Entrepreneurs Limited
(Formerly Three Books Consulting Limited)
Unaudited Filleted Financial Statements
For the Period Ended
29 February 2024
Time For Entrepreneurs Limited
Registered number: 14636267
Balance Sheet
as at 29 February 2024
Notes 2024
£
Current assets
Cash at bank and in hand 67
Creditors: amounts falling due within one year 3 (350)
Net current liabilities (283)
Net liabilities (283)
Capital and reserves
Called up share capital 1
Profit and loss account (284)
Shareholder's funds (283)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr A.P. Robinson
Director
Approved by the board on 23 October 2024
Time For Entrepreneurs Limited
Notes to the Accounts
for the period from 2 February 2023 to 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
The director believes the company is experiencing healthy levels of sales and profitability and that it is well placed to manage its business risks successfully. Accordingly he has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus he continues to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024
Number
Average number of persons employed by the company (including director) during the year 1
3 Creditors: amounts falling due within one year 2024
£
Accruals 350
4 Other information
Time For Entrepreneurs Limited is a private company limited by shares and incorporated in England. Its registered office is: Green Mount, Cinderhills Road, Holmfirth, West Yorkshire, HD9 1EE.
HD9 1EE
The financial statements are presented in Sterling, which is the functional currency of the company.
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