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REGISTERED NUMBER: 06680413 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

TIM DAY & CO. LTD

TIM DAY & CO. LTD (REGISTERED NUMBER: 06680413)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


TIM DAY & CO. LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr R A Day





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 06680413 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

TIM DAY & CO. LTD (REGISTERED NUMBER: 06680413)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,547 25,557

CURRENT ASSETS
Debtors 5 47,707 81,124
Cash at bank 19,946 21,519
67,653 102,643
CREDITORS
Amounts falling due within one year 6 80,350 114,020
NET CURRENT LIABILITIES (12,697 ) (11,377 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,850

14,180

CREDITORS
Amounts falling due after more than one
year

7

6,514

11,834
NET ASSETS 2,336 2,346

CAPITAL AND RESERVES
Called up share capital 9 1,112 1,112
Retained earnings 1,224 1,234
SHAREHOLDERS' FUNDS 2,336 2,346

TIM DAY & CO. LTD (REGISTERED NUMBER: 06680413)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 November 2024 and were signed by:





Mr R A Day - Director


TIM DAY & CO. LTD (REGISTERED NUMBER: 06680413)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Tim Day & Co. Ltd 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.

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 - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

TIM DAY & CO. LTD (REGISTERED NUMBER: 06680413)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 January 2023 25,152 19,985 332 45,469
Additions - 6,600 417 7,017
Disposals (501 ) (7,500 ) - (8,001 )
At 31 December 2023 24,651 19,085 749 44,485
Depreciation
At 1 January 2023 14,473 5,107 332 19,912
Charge for year 2,566 3,240 13 5,819
Eliminated on disposal (85 ) (2,708 ) - (2,793 )
At 31 December 2023 16,954 5,639 345 22,938
Net book value
At 31 December 2023 7,697 13,446 404 21,547
At 31 December 2022 10,679 14,878 - 25,557

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 7,114 3,151
Other debtors 40,593 77,973
47,707 81,124

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts (see note 8) 23,359 5,189
Trade creditors 6,076 20,441
Amounts owed to associates 26,854 52,700
Taxation and social security 17,636 24,205
Other creditors 6,425 11,485
80,350 114,020

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans (see note 8) 6,514 11,834

TIM DAY & CO. LTD (REGISTERED NUMBER: 06680413)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


8. LOANS

An analysis of the maturity of loans is given below:

31.12.23 31.12.22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 18,039 -
Bank loans 5,320 5,189
23,359 5,189

Amounts falling due between one and two years:
Bank loans - 1-2 years 5,454 5,320

Amounts falling due between two and five years:
Bank loans - 2-5 years 1,060 6,514

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1,112 Ordinary £1 1,112 1,112