2023-09-01 2024-08-31 false Capium Accounts Production 1.1 08652237 2023-09-01 2024-08-31 08652237 bus:AbridgedAccounts 2023-09-01 2024-08-31 08652237 bus:FRS102 2023-09-01 2024-08-31 08652237 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08652237 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08652237 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08652237 2023-09-01 2024-08-31 08652237 2024-08-31 08652237 bus:RegisteredOffice 2023-09-01 2024-08-31 08652237 core:WithinOneYear 2024-08-31 08652237 core:AfterOneYear 2024-08-31 08652237 1 2023-09-01 2024-08-31 08652237 bus:Director1 2023-09-01 2024-08-31 08652237 bus:Director1 2024-08-31 08652237 bus:Director1 2022-09-01 2023-08-31 08652237 2022-09-01 08652237 bus:LeadAgentIfApplicable 2023-09-01 2024-08-31 08652237 2022-09-01 2023-08-31 08652237 2023-08-31 08652237 core:WithinOneYear 2023-08-31 08652237 core:AfterOneYear 2023-08-31 08652237 bus:EntityAccountantsOrAuditors 2022-09-01 2023-08-31 08652237 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 08652237 bus:OrdinaryShareClass1 2024-08-31 08652237 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 08652237 bus:OrdinaryShareClass1 2023-08-31 08652237 core:ComputerEquipment 2023-09-01 2024-08-31 08652237 core:ComputerEquipment 2024-08-31 08652237 core:ComputerEquipment 2023-08-31 08652237 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-08-31 08652237 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 08652237 core:CostValuation core:Non-currentFinancialInstruments 2024-08-31 08652237 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 08652237 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-08-31 08652237 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 08652237 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 08652237 core:Non-currentFinancialInstruments 2024-08-31 08652237 core:Non-currentFinancialInstruments 2023-08-31 08652237 core:ShareCapital 2024-08-31 08652237 core:ShareCapital 2023-08-31 08652237 core:RetainedEarningsAccumulatedLosses 2024-08-31 08652237 core:RetainedEarningsAccumulatedLosses 2023-08-31 08652237 dpl:Item1 2023-09-01 08652237 dpl:Item1 2024-08-31 08652237 dpl:Item1 2022-09-01 08652237 dpl:Item1 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08652237
England and Wales

 

 

 

TIME LOCUMS LTD



Abridged Accounts
 


Period of accounts

Start date: 01 September 2023

End date: 31 August 2024
Report to the directors on the preparation of the unaudited statutory accounts of TIME LOCUMS LTD for the year ended 31 August 2024.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of TIME LOCUMS LTD for the year ended 31 August 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of TIME LOCUMS LTD, as a body, in accordance with the terms of our engagement letter dated 20 May 2025. Our work has been undertaken solely to prepare for your approval the accounts of TIME LOCUMS LTD and state those matters that we have agreed to state to the Board of Directors of TIME LOCUMS LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TIME LOCUMS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that TIME LOCUMS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of TIME LOCUMS LTD. You consider that TIME LOCUMS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of TIME LOCUMS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 August 2024.



....................................................

SNP Plus Ltd

Accountants and Tax Advisors
284 Station Road
Harrow, London
HA1 2EA
20 May 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 610    813 
Investments 4 648,610    648,610 
649,220    649,423 
Current assets      
Debtors 669,575    12,000 
Cash at bank and in hand 32,033    442 
701,608    12,442 
Creditors: amount falling due within one year (598,995)   (212,006)
Net current assets 102,613    (199,564)
 
Total assets less current liabilities 751,833    449,859 
Creditors: amount falling due after more than one year (430,701)   (449,391)
Provisions for liabilities (116)   (154)
Net assets 321,016    314 
 

Capital and reserves
     
Called up share capital 5 100    100 
Profit and loss account 320,916    214 
Shareholders' funds 321,016    314 
 


For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 20 May 2025 and were signed by:


-------------------------------
Satish Kumar Gudala
Director
2
General Information
TIME LOCUMS LTD is a private company, limited by shares, registered in England and Wales, registration number 08652237, registration address 32 Oak Tree Mount, LEEDS, LS9 6SH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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 (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 25% Reducing Balance
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Current asset investments
Current asset investments are stated at the lower of cost and net realisable value.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 September 2023 2,291    2,291 
Additions  
Disposals  
At 31 August 2024 2,291    2,291 
Depreciation
At 01 September 2023 1,478    1,478 
Charge for year 203    203 
On disposals  
At 31 August 2024 1,681    1,681 
Net book values
Closing balance as at 31 August 2024 610    610 
Opening balance as at 01 September 2023 813    813 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 September 2023 648,610    648,610 
Additions  
Transfer to/from tangible fixed assets  
Disposals  
At 31 August 2024 648,610    648,610 

5.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Class A shares of £1.00 each 100    100 
100    100 

6.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2024
£
 2023
£
 2024
£
 2023
£
Satish Kumar Gudala567,206 184,440 
3