Acorah Software Products - Accounts Production 16.3.350 false true true 28 August 2023 29 August 2022 false 29 August 2023 28 August 2024 28 August 2024 05706524 Mrs C E Lane Mr M J Lane C E Lane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05706524 2023-08-28 05706524 2024-08-28 05706524 2023-08-29 2024-08-28 05706524 frs-core:CurrentFinancialInstruments 2024-08-28 05706524 frs-core:Non-currentFinancialInstruments 2024-08-28 05706524 frs-core:PlantMachinery 2024-08-28 05706524 frs-core:PlantMachinery 2023-08-29 2024-08-28 05706524 frs-core:PlantMachinery 2023-08-28 05706524 frs-core:ShareCapital 2024-08-28 05706524 frs-core:RetainedEarningsAccumulatedLosses 2024-08-28 05706524 frs-bus:PrivateLimitedCompanyLtd 2023-08-29 2024-08-28 05706524 frs-bus:FilletedAccounts 2023-08-29 2024-08-28 05706524 frs-bus:SmallEntities 2023-08-29 2024-08-28 05706524 frs-bus:AuditExempt-NoAccountantsReport 2023-08-29 2024-08-28 05706524 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-29 2024-08-28 05706524 frs-bus:OrdinaryShareClass1 2023-08-29 2024-08-28 05706524 frs-bus:OrdinaryShareClass1 2024-08-28 05706524 frs-bus:Director1 2023-08-29 2024-08-28 05706524 frs-bus:Director2 2023-08-29 2024-08-28 05706524 frs-bus:CompanySecretary1 2023-08-29 2024-08-28 05706524 frs-countries:EnglandWales 2023-08-29 2024-08-28 05706524 2022-08-28 05706524 2023-08-28 05706524 2022-08-29 2023-08-28 05706524 frs-core:CurrentFinancialInstruments 2023-08-28 05706524 frs-core:Non-currentFinancialInstruments 2023-08-28 05706524 frs-core:ShareCapital 2023-08-28 05706524 frs-core:RetainedEarningsAccumulatedLosses 2023-08-28 05706524 frs-bus:OrdinaryShareClass1 2022-08-29 2023-08-28
Registered number: 05706524
Time Hotels Limited
Unaudited Financial Statements
For The Year Ended 28 August 2024
Deans
Gibson House Hurricane Court
Hurricane Close
Stafford
ST16 1GZ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05706524
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand 2 5
2 5
Creditors: Amounts Falling Due Within One Year 5 (9,409 ) (7,866 )
NET CURRENT ASSETS (LIABILITIES) (9,407 ) (7,861 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,407 ) (7,861 )
Creditors: Amounts Falling Due After More Than One Year 6 (1,395 ) (2,411 )
NET LIABILITIES (10,802 ) (10,272 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (10,804 ) (10,274 )
SHAREHOLDERS' FUNDS (10,802) (10,272)
For the year ending 28 August 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr M J Lane
Director
23 May 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Time Hotels Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of 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.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Going Concern Disclosure
At the balance sheet date, the company was insolvent. The accounts have been prepared on a going concern basis as the company is expected to cease trading and all liabilities will be settled by the director.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributable to making the asset capable of operating as intended.  Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Plant & Machinery Straight line over 3 years
2.4. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Profit and Loss Account, 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.
2.5. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 29 August 2023 2,351
As at 28 August 2024 2,351
Depreciation
As at 29 August 2023 2,351
As at 28 August 2024 2,351
...CONTINUED
Page 2
Page 3
Net Book Value
As at 28 August 2024 -
As at 29 August 2023 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 1,016 991
Accruals and deferred income 360 360
Directors' loan accounts 8,033 6,515
9,409 7,866
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,395 2,411
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.00 each 2 2
Page 3