IRIS Accounts Production v25.1.0.734 05208502 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052085022023-08-31052085022024-08-31052085022023-09-012024-08-31052085022022-08-31052085022022-09-012023-08-31052085022023-08-3105208502ns15:EnglandWales2023-09-012024-08-3105208502ns14:PoundSterling2023-09-012024-08-3105208502ns10:Director12023-09-012024-08-3105208502ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3105208502ns10:SmallEntities2023-09-012024-08-3105208502ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3105208502ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3105208502ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3105208502ns10:FullAccounts2023-09-012024-08-3105208502ns10:Director22023-09-012024-08-3105208502ns10:RegisteredOffice2023-09-012024-08-3105208502ns5:CurrentFinancialInstruments2024-08-3105208502ns5:CurrentFinancialInstruments2023-08-3105208502ns5:Non-currentFinancialInstruments2024-08-3105208502ns5:Non-currentFinancialInstruments2023-08-3105208502ns5:ShareCapital2024-08-3105208502ns5:ShareCapital2023-08-3105208502ns5:RetainedEarningsAccumulatedLosses2024-08-3105208502ns5:RetainedEarningsAccumulatedLosses2023-08-3105208502ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3105208502ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3105208502ns5:Secured2024-08-3105208502ns5:Secured2023-08-31
REGISTERED NUMBER: 05208502 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

TIMBER RESTORATION COMPANY LIMITED

TIMBER RESTORATION COMPANY LIMITED (REGISTERED NUMBER: 05208502)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TIMBER RESTORATION COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mr D Gibson
Mr MC Smith





REGISTERED OFFICE: Unit 2
Union Wharf
Market Harborough
Leicestershire
LE16 7UW





REGISTERED NUMBER: 05208502 (England and Wales)

TIMBER RESTORATION COMPANY LIMITED (REGISTERED NUMBER: 05208502)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 3,863 267
Cash at bank 363,438 327,806
367,301 328,073
CREDITORS
Amounts falling due within one year 5 88,368 63,267
NET CURRENT ASSETS 278,933 264,806
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,933

264,806

CREDITORS
Amounts falling due after more than one year 6 20,433 23,611
NET ASSETS 258,500 241,195

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 258,499 241,194
SHAREHOLDERS' FUNDS 258,500 241,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

TIMBER RESTORATION COMPANY LIMITED (REGISTERED NUMBER: 05208502)

BALANCE SHEET - continued
31 AUGUST 2024


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 Board of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by:





Mr D Gibson - Director


TIMBER RESTORATION COMPANY LIMITED (REGISTERED NUMBER: 05208502)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

Timber Restoration Company 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.

Turnover
Revenue comprises the fair value for the provision of services excluding value added taxes and represents net invoice value less estimated rebates and settlement discounts.

The company supplies services to customers under standard terms and conditions. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on provision of the services.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,863 267

TIMBER RESTORATION COMPANY LIMITED (REGISTERED NUMBER: 05208502)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,167 29,167
Taxation and social security 21,985 21,885
Other creditors 62,216 12,215
88,368 63,267

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 20,433 23,611

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 24,600 52,778