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REGISTERED NUMBER: 04290295 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Tim Huntington And Associates Ltd.

Tim Huntington And Associates Ltd. (Registered number: 04290295)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tim Huntington And Associates Ltd.

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr T C Huntington
Mrs L Huntington





SECRETARY: Mr T C Huntington





REGISTERED OFFICE: 238 Station Road
Addlestone
Surrey
KT15 2PS





REGISTERED NUMBER: 04290295 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Tim Huntington And Associates Ltd. (Registered number: 04290295)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 26,004 11,362
Investments 5 2,500 2,500
28,504 13,862

CURRENT ASSETS
Debtors 6 78,210 65,698
Investments 7 100,034 60,878
Cash at bank and in hand 19,761 17,835
198,005 144,411
CREDITORS
Amounts falling due within one year 8 (83,440 ) (51,614 )
NET CURRENT ASSETS 114,565 92,797
TOTAL ASSETS LESS CURRENT LIABILITIES 143,069 106,659

PROVISIONS FOR LIABILITIES (918 ) (117 )
NET ASSETS 142,151 106,542

CAPITAL AND RESERVES
Called up share capital 1,090 1,090
Share premium 180 180
Retained earnings 140,881 105,272
SHAREHOLDERS' FUNDS 142,151 106,542

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Tim Huntington And Associates Ltd. (Registered number: 04290295)

Balance Sheet - continued
30 September 2024


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 Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:





Mr T C Huntington - Director


Tim Huntington And Associates Ltd. (Registered number: 04290295)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

Tim Huntington And Associates Ltd. 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue
Revenue is measured at fair value and represents revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

Tangible fixed assets
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Freehold property - 10% on cost
Fixtures & fittings - 10% and 20% on cost
Office equipment - 20% on cost
Boat - 20% on cost

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the income statement.

Investments in subsidiaries
Investments in subsidiaries are included at fair value.

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.


Tim Huntington And Associates Ltd. (Registered number: 04290295)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to and
property Boat fittings
£    £    £   
COST
At 1 October 2023 23,183 3,550 17,517
Additions - - -
At 30 September 2024 23,183 3,550 17,517
DEPRECIATION
At 1 October 2023 23,183 3,550 8,078
Charge for year - - 1,888
At 30 September 2024 23,183 3,550 9,966
NET BOOK VALUE
At 30 September 2024 - - 7,551
At 30 September 2023 - - 9,439

Tim Huntington And Associates Ltd. (Registered number: 04290295)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


4. PROPERTY, PLANT AND EQUIPMENT - continued

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 - 10,764 55,014
Additions 18,795 - 18,795
At 30 September 2024 18,795 10,764 73,809
DEPRECIATION
At 1 October 2023 - 8,841 43,652
Charge for year 1,880 385 4,153
At 30 September 2024 1,880 9,226 47,805
NET BOOK VALUE
At 30 September 2024 16,915 1,538 26,004
At 30 September 2023 - 1,923 11,362

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 2,500
NET BOOK VALUE
At 30 September 2024 2,500
At 30 September 2023 2,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 25,710 14,398
Prepayments and accrued income 52,500 51,300
78,210 65,698

7. CURRENT ASSET INVESTMENTS
30.9.24 30.9.23
£    £   
Listed investments 100,034 60,878

Tim Huntington And Associates Ltd. (Registered number: 04290295)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Tax 22,595 12,160
VAT 6,367 6,841
Other creditors 375 3,146
Directors' current accounts 21,803 25,859
Accrued expenses 32,300 3,608
83,440 51,614