Timelaps Ai Limited

Registered number: 10779432

	2024	2023
	£	£
Fixed assets	6,572	6,928

Current assets	23,936	77,436
Creditors: Amounts Falling Due Within One Year	(48,703 )	(39,775 )

NET CURRENT ASSETS (LIABILITIES)	(24,767 )	37,661

TOTAL ASSETS LESS CURRENT LIABILITIES	(18,195 )	44,589

Creditors: Amounts Falling Due After More Than One Year	(30,998 )	(35,664 )
Accruals and deferred income	(6,030 )	(4,530 )

NET (LIABILITIES)/ASSETS	(55,223 )	4,395

CAPITAL AND RESERVES	(55,223 )	4,395

Notes

1. General Information

Timelaps Ai Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10779432 . The registered office is Suite S31 Northwich Business Centre, Meadow Street, Northwich, CW9 5BF.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

3. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 June 2023	Amounts advanced	Amounts repaid	Amounts written off	As at 31 May 2024
	£	£	£	£	£
Mr Mark Strefford	51,774	-	51,774	-	-

The above loan is unsecured, interest free and repayable on demand.

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

The member has 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Mark Strefford

Director

23 May 2025