Registered number
05806135
Timberlink International Limited
Filleted Accounts
30 June 2024
Applied Accountancy Limited
Timberlink International Limited
Registered number: 05806135
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 53,942 38,595
Current assets
Stocks 60,217 7,711
Debtors 4 588,109 491,979
Cash at bank and in hand 266,466 272,610
914,792 772,300
Creditors: amounts falling due within one year 5 (496,717) (289,252)
Net current assets 418,075 483,048
Total assets less current liabilities 6 472,017 521,643
Creditors: amounts falling due after more than one year 6 (10,000) (20,000)
Provisions for liabilities Deferred Taxation (8,806) (3,942)
Net assets 453,211 497,701
Capital and reserves
Called up share capital 10 10
Profit and loss account 453,201 497,691
Shareholder's funds 453,211 497,701
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.
Rupert Walker
Director
Approved by the director on 25 March 2025
Timberlink International Limited
Notes to the Accounts
for the year ended 30 June 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.

The presentation currency is £ sterling.
Revenue Recognition
Revenue is recognised when goods are delivered and legal title has passed. It is measured at the value of consideration receivable reduced for any customer returns, rebates and other similar allowances.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at 25% on a reducing balance basis to write off the cost, less estimated residual value, of each asset evenly over its expected useful life.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 July 2023 17,066 139,692 156,758
Additions 33,328 - 33,328
At 30 June 2024 50,394 139,692 190,086
Depreciation
At 1 July 2023 13,144 105,019 118,163
Charge for the year 9,313 8,668 17,981
At 30 June 2024 22,457 113,687 136,144
Net book value
At 30 June 2024 27,937 26,005 53,942
At 30 June 2023 3,922 34,673 38,595
4 Debtors 2024 2023
£ £
Trade debtors 430,605 337,237
Other debtors 157,504 154,742
588,109 491,979
Amounts due after more than one year included above 154,457 30,198
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans 10,000 10,000
Trade creditors 273,588 84,834
Corporation tax 13,977 58,573
Other taxes and social security costs 162,433 124,212
Other creditors 36,719 11,633
496,717 289,252
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 10,000 20,000
7 Other information
Timberlink International Limited is a private company limited by shares and incorporated in England. Its registered office is:
Hazelwood Cottage
Maidstone Road
Hadlow
Kent
TN10 0JH
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