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REGISTERED NUMBER: 02209455 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Siteeye Timelapse Limited

Siteeye Timelapse Limited (Registered number: 02209455)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Siteeye Timelapse Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: Mr G A Evans-McClave





SECRETARY: Mrs N C Evans-McClave





REGISTERED OFFICE: Woodville
Cragg Vale
Hebden Bridge
West Yorkshire
HX7 5TA





REGISTERED NUMBER: 02209455 (England and Wales)





ACCOUNTANTS: Crowther Chartered Accountants
Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ

Siteeye Timelapse Limited (Registered number: 02209455)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 146,736 187,864
Investments 5 224,286 207,521
371,022 395,385

CURRENT ASSETS
Debtors 6 408,750 350,379
Cash at bank 1,130,066 1,024,938
1,538,816 1,375,317
CREDITORS
Amounts falling due within one year 7 164,833 138,984
NET CURRENT ASSETS 1,373,983 1,236,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,745,005

1,631,718

PROVISIONS FOR LIABILITIES 42,729 48,876
NET ASSETS 1,702,276 1,582,842

CAPITAL AND RESERVES
Called up share capital 8 150 150
Revaluation reserve 9 25,286 8,521
Retained earnings 1,676,840 1,574,171
SHAREHOLDERS' FUNDS 1,702,276 1,582,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Siteeye Timelapse Limited (Registered number: 02209455)

Balance Sheet - continued
28 February 2025


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 director and authorised for issue on 12 June 2025 and were signed by:





Mr G A Evans-McClave - Director


Siteeye Timelapse Limited (Registered number: 02209455)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Siteeye Timelapse 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 as modified by the revaluation of certain assets.

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
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their estimated useful lives on the following bases:

Plant and machinery25% on reducing balance
Fixtures and fittings15% on reducing balance
Motor vehicles25% on reducing balance
Computer equipment20% on reducing balance

Taxation
Taxation for the year 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Siteeye Timelapse Limited (Registered number: 02209455)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1 March 2024 4,887 16,841 235,056 150,287 407,071
Additions - 464 - 6,682 7,146
Disposals - - (37,267 ) - (37,267 )
At 28 February 2025 4,887 17,305 197,789 156,969 376,950
DEPRECIATION
At 1 March 2024 2,273 14,098 102,195 100,641 219,207
Charge for year 654 423 32,121 10,702 43,900
Eliminated on disposal - - (32,893 ) - (32,893 )
At 28 February 2025 2,927 14,521 101,423 111,343 230,214
NET BOOK VALUE
At 28 February 2025 1,960 2,784 96,366 45,626 146,736
At 29 February 2024 2,614 2,743 132,861 49,646 187,864

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST OR VALUATION
At 1 March 2024 207,521
Additions 1
Revaluations 16,764
At 28 February 2025 224,286
NET BOOK VALUE
At 28 February 2025 224,286
At 29 February 2024 207,521

Cost or valuation at 28 February 2025 is represented by:

Other
investments
£
Valuation in 2025 224,286

Siteeye Timelapse Limited (Registered number: 02209455)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£ £
Trade debtors 396,083 340,049
Amounts owed by associates 2,089 440
Other debtors 10,578 9,890
408,750 350,379

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£ £
Trade creditors 929 -
Taxation and social security 133,272 119,817
Other creditors 30,632 19,167
164,833 138,984

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 28.2.25 29.2.24
value: £ £
100 Ordinary £1 100 100
50 Ordinary A £1 50 50
150 150

9. RESERVES
Revaluation
reserve
£
At 1 March 2024 8,521
Investment revaluation 16,765

At 28 February 2025 25,286

Siteeye Timelapse Limited (Registered number: 02209455)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2024 and 28 February 2025:

28.02.2528.02.24
££
Director 1
Balance outstanding at start of year292-
Amounts advanced-292
Amounts repaid(292)-
Amounts written off--
Amounts waived--
Balance outstanding at end of year-292

Included in creditors: amounts falling due within one year is a loan from the directors of £753 (2024 - £nil). The loan is interest free and repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr G A Evans-McClave.