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REGISTERED NUMBER: 14624351 (England and Wales)













Financial Statements

for the Period 30 January 2023 to 31 January 2024

for

TimberX Limited

TimberX Limited (Registered number: 14624351)






Contents of the Financial Statements
for the Period 30 January 2023 to 31 January 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


TimberX Limited

Company Information
for the Period 30 January 2023 to 31 January 2024







DIRECTORS: C P Palmer-Smith
E C Walton





REGISTERED OFFICE: Claylands Enterprise Park
Dukeries Industrial Estate
Claylands Avenue
Worksop
Nottinghamshire
S81 7BQ





REGISTERED NUMBER: 14624351 (England and Wales)





AUDITORS: Nicholsons Audit (Statutory Auditor)
Newland House
The Point
Weaver Road
LINCOLN
Lincolnshire
LN6 3QN

TimberX Limited (Registered number: 14624351)

Abridged Balance Sheet
31 January 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 374,139

CURRENT ASSETS
Debtors 544,876
Cash in hand 100,981
645,857
CREDITORS
Amounts falling due within one year 2,347,215
NET CURRENT LIABILITIES (1,701,358 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,327,219

)

CAPITAL AND RESERVES
Called up share capital 5 100
Retained earnings (1,327,319 )
SHAREHOLDERS' FUNDS (1,327,219 )

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 May 2025 and were signed on its behalf by:





C P Palmer-Smith - Director


TimberX Limited (Registered number: 14624351)

Notes to the Financial Statements
for the Period 30 January 2023 to 31 January 2024

1. STATUTORY INFORMATION

TimberX 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.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Group accounts can be obtained from:

Kybotech Group Limited
Dukeries Industrial Estate,
Claylands Avenue,
WORKSOP,
Nottinghamshire,
S81 7BQ

Critical accounting judgements and key sources of estimation uncertainty
The financial statements are prepared to generally accepted accounting principles which requires management to make estimates and assumptions that affect assets and liabilities. Actual results could be different due to these estimates. The effect of any differences are reported at the time the information becomes available.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - not provided

TimberX Limited (Registered number: 14624351)

Notes to the Financial Statements - continued
for the Period 30 January 2023 to 31 January 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

Cash at bank is classified as a basic financial instrument and is measured at transaction price.

Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 30 January 2023
and 31 January 2024 374,139
NET BOOK VALUE
At 31 January 2024 374,139
At 29 January 2023 374,139

TimberX Limited (Registered number: 14624351)

Notes to the Financial Statements - continued
for the Period 30 January 2023 to 31 January 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Joanne Brown (Senior Statutory Auditor)
for and on behalf of Nicholsons Audit (Statutory Auditor)

7. ULTIMATE CONTROLLING PARTY

The company is under the control of Kybotech Group Limited, and ultimately under the control of Mr E C Walton.

Consolidated accounts can be obtained from the address below:

Dukeries Industrial Estate, Claylands Avenue,
WORKSOP
Nottinghamshire,
S81 7BQ