1 March 2023 false No description of principal activity Taxfiler 2024.5 14686303business:PrivateLimitedCompanyLtd2023-03-012024-02-29 146863032023-02-28 146863032023-03-012024-02-29 14686303business:AuditExemptWithAccountantsReport2023-03-012024-02-29 14686303business:FilletedAccounts2023-03-012024-02-29 146863032024-02-29 14686303business:Director12023-03-012024-02-29 14686303business:CompanySecretary12023-03-012024-02-29 14686303business:RegisteredOffice2023-03-012024-02-29 14686303core:WithinOneYear2024-02-29 14686303core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 14686303core:CapitalContributionReservecore:PreviouslyStatedAmount2024-02-29 14686303core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 14686303core:PreviouslyStatedAmount2024-02-29 14686303business:SmallEntities2023-03-012024-02-29 14686303countries:EnglandWales2023-03-012024-02-29 14686303core:PlantMachinery2023-03-012024-02-29 14686303core:PlantMachinery2023-02-28 14686303core:PlantMachinery2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 14686303 (England and Wales)
Timmy's Autos Ltd Unaudited accounts for the year ended 29 February 2024
Timmy's Autos Ltd Unaudited accounts Contents
Page
- 2 -
Timmy's Autos Ltd Company Information for the year ended 29 February 2024
Director
PAJTIM GASHI
Secretary
PAJTIM GASHI
Company Number
14686303 (England and Wales)
Registered Office
420c St. Albans Road Watford WD24 6PJ England
Accountants
DARBOE JULA & CO LTD TEAM HOUSE 1B ST MARY ROAD WATFORD HERTFORDSHIRE WD18 0EE
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Timmy's Autos Ltd for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Timmy's Autos Ltd for the year ended 29 February 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Timmy's Autos Ltd, as a body, in accordance with the terms of our engagement letter dated 21 October 2024. Our work has been undertaken solely to prepare for your approval the accounts of Timmy's Autos Ltd and state those matters that we have agreed to state to the Board of Directors of Timmy's Autos Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Timmy's Autos Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Timmy's Autos Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Timmy's Autos Ltd. You consider that Timmy's Autos Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Timmy's Autos Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
DARBOE JULA & CO LTD Chartered Certified Accountants TEAM HOUSE 1B ST MARY ROAD WATFORD HERTFORDSHIRE WD18 0EE 23 October 2024
- 4 -
Timmy's Autos Ltd Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
3,200 
Current assets
Cash at bank and in hand
1,826 
Creditors: amounts falling due within one year
(985)
Net current assets
841 
Net assets
4,041 
Capital and reserves
Called up share capital
100 
Capital contribution reserve
2,728 
Profit and loss account
1,213 
Shareholders' funds
4,041 
For the year ending 29 February 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 October 2024 and were signed on its behalf by
PAJTIM GASHI Director Company Registration No. 14686303
- 5 -
Timmy's Autos Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Timmy's Autos Ltd is a private company, limited by shares, registered in England and Wales, registration number 14686303. The registered office is 420c St. Albans Road, Watford, WD24 6PJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 YEARS
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2023
- 
Additions
4,000 
At 29 February 2024
4,000 
Depreciation
Charge for the year
800 
At 29 February 2024
800 
Net book value
At 29 February 2024
3,200 
5
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
285 
Other creditors
700 
985 
- 6 -
Timmy's Autos Ltd Notes to the Accounts for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 0.
- 7 -