Company Registration No. 13068833 (England and Wales)
TIMOTAL CONSTRUCTION LTD
Unaudited accounts
for the year ended 31 December 2024
TIMOTAL CONSTRUCTION LTD
Unaudited accounts
Contents
TIMOTAL CONSTRUCTION LTD
Company Information
for the year ended 31 December 2024
Company Number
13068833 (England and Wales)
Registered Office
176 Tamworth Lane
Mitcham
Surrey
CR4 1DE
England
Accountants
EMILIA ACCOUNTANCY LTD
58
STROUD CREDCENT
LONDON
UK
SW15 3EJ
TIMOTAL CONSTRUCTION LTD
Statement of financial position
as at 31 December 2024
Tangible assets
19,017
23,492
Cash at bank and in hand
22,000
66,332
Creditors: amounts falling due within one year
(40,005)
(59,182)
Net current assets
29,549
66,508
Total assets less current liabilities
48,566
90,000
Creditors: amounts falling due after more than one year
(41,514)
(33,418)
Called up share capital
2
2
Profit and loss account
7,048
56,578
Shareholders' funds
7,052
56,582
For the year ending 31 December 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 April 2025 and were signed on its behalf by
TIMOFTE COSTEL
Director
Company Registration No. 13068833
TIMOTAL CONSTRUCTION LTD
Notes to the Accounts
for the year ended 31 December 2024
TIMOTAL CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 13068833. The registered office is 176 Tamworth Lane, Mitcham, Surrey, CR4 1DE, 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 remained unchanged from the previous year, and also 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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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
Motor vehicles
At 31 December 2024
33,560
At 31 December 2024
14,543
At 31 December 2024
19,017
At 31 December 2023
23,492
TIMOTAL CONSTRUCTION LTD
Notes to the Accounts
for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
52,983
39,300
Taxes and social security
4,012
4,071
Loans from directors
(27,399)
4,107
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
17,454
22,490
Taxes and social security
24,060
10,928
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).