Company Registration No. 14777992 (England and Wales)
Timeless Studio London Limited
Unaudited accounts
for the period from 3 April 2023 to 30 April 2024
Timeless Studio London Limited
Unaudited accounts
Contents
Timeless Studio London Limited
Company Information
for the period from 3 April 2023 to 30 April 2024
Director
Santhosh BENCHAMIN
Company Number
14777992 (England and Wales)
Registered Office
36 North Hill Drive
Romford
Essex
RM3 9AQ
England
Accountants
Tax Nest Accountants Ltd
Office 18
241E, High Street North
London
E12 6SJ
Timeless Studio London Limited
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
128
Creditors: amounts falling due within one year
(14,980)
Net current liabilities
(14,852)
Profit and loss account
46
For the period ending 30 April 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 6 February 2025 and were signed on its behalf by
Santhosh BENCHAMIN
Director
Company Registration No. 14777992
Timeless Studio London Limited
Notes to the Accounts
for the period from 3 April 2023 to 30 April 2024
Timeless Studio London Limited is a private company, limited by shares, registered in England and Wales, registration number 14777992. The registered office is 36 North Hill Drive, Romford, Essex, RM3 9AQ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Plant & machinery
Charge for the period
2,980
Timeless Studio London Limited
Notes to the Accounts
for the period from 3 April 2023 to 30 April 2024
5
Creditors: amounts falling due within one year
2024
Loans from directors
14,530
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
7
Average number of employees
During the period the average number of employees was 1.