IRIS Accounts Production v24.3.0.553 07412258 director 1.5.23 30.4.24 30.4.24 0 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh074122582023-04-30074122582024-04-30074122582023-05-012024-04-30074122582021-10-31074122582021-11-012023-04-30074122582023-04-3007412258ns15:EnglandWales2023-05-012024-04-3007412258ns14:PoundSterling2023-05-012024-04-3007412258ns10:Director12023-05-012024-04-3007412258ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3007412258ns10:SmallEntities2023-05-012024-04-3007412258ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007412258ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007412258ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007412258ns10:FullAccounts2023-05-012024-04-3007412258ns10:OrdinaryShareClass12023-05-012024-04-3007412258ns10:RegisteredOffice2023-05-012024-04-3007412258ns5:CurrentFinancialInstruments2024-04-3007412258ns5:CurrentFinancialInstruments2023-04-3007412258ns5:ShareCapital2024-04-3007412258ns5:ShareCapital2023-04-3007412258ns5:RetainedEarningsAccumulatedLosses2024-04-3007412258ns5:RetainedEarningsAccumulatedLosses2023-04-3007412258ns10:OrdinaryShareClass12024-04-3007412258ns5:RetainedEarningsAccumulatedLosses2023-04-3007412258ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 07412258 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

TIMEGOLD LIMITED

TIMEGOLD LIMITED (REGISTERED NUMBER: 07412258)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


TIMEGOLD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: D Grunwald





REGISTERED OFFICE: 127
Osbaldeston Road
London
N16 6ND





REGISTERED NUMBER: 07412258 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

TIMEGOLD LIMITED (REGISTERED NUMBER: 07412258)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Investment property 4 373,492 261,413

CURRENT ASSETS
Debtors 5 999 304,156
Cash at bank 105,756 65,238
106,755 369,394
CREDITORS
Amounts falling due within one year 6 (433,794 ) (582,757 )
NET CURRENT LIABILITIES (327,039 ) (213,363 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,453

48,050

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 46,452 48,049
SHAREHOLDERS' FUNDS 46,453 48,050

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 January 2025 and were signed by:





D Grunwald - Director


TIMEGOLD LIMITED (REGISTERED NUMBER: 07412258)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Timegold 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 261,413
Additions 112,079
At 30 April 2024 373,492
NET BOOK VALUE
At 30 April 2024 373,492
At 30 April 2023 261,413

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 999 304,156

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Tax - 2,875
Other creditors 433,194 579,162
Accrued expenses 600 720
433,794 582,757

TIMEGOLD LIMITED (REGISTERED NUMBER: 07412258)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Retained
earnings
£   

At 1 May 2023 48,049
Deficit for the year (1,597 )
At 30 April 2024 46,452

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D Grunwald.