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REGISTERED NUMBER: 13168427 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Past Times Antiques Ltd

Past Times Antiques Ltd (Registered number: 13168427)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Past Times Antiques Ltd

Company Information
for the Year Ended 31 January 2025







DIRECTORS: A C R Van Rooij
Mrs J Van Rooij





REGISTERED OFFICE: 3 Birchenall Court
Farndon
Newark
Nottinghamshire
NG24 3TR





REGISTERED NUMBER: 13168427 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Northgate House
Northgate
Sleaford
Lincolnshire
NG34 7BZ

Past Times Antiques Ltd (Registered number: 13168427)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 43,431 32,894

CURRENT ASSETS
Stocks 5 218,504 274,346
Debtors 6 104,051 42,341
Cash at bank 21,424 10,546
343,979 327,233
CREDITORS
Amounts falling due within one year 7 41,616 61,544
NET CURRENT ASSETS 302,363 265,689
TOTAL ASSETS LESS CURRENT
LIABILITIES

345,794

298,583

PROVISIONS FOR LIABILITIES 8,252 6,717
NET ASSETS 337,542 291,866

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 337,442 291,766
SHAREHOLDERS' FUNDS 337,542 291,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 17 June 2025 and were signed on its behalf by:





A C R Van Rooij - Director


Past Times Antiques Ltd (Registered number: 13168427)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Past Times Antiques 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.

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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS

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

Past Times Antiques Ltd (Registered number: 13168427)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2024 39,000 832 39,832
Additions 57,683 - 57,683
Disposals (39,000 ) - (39,000 )
At 31 January 2025 57,683 832 58,515
DEPRECIATION
At 1 February 2024 6,545 393 6,938
Charge for year 21,847 270 22,117
Eliminated on disposal (13,971 ) - (13,971 )
At 31 January 2025 14,421 663 15,084
NET BOOK VALUE
At 31 January 2025 43,262 169 43,431
At 31 January 2024 32,455 439 32,894

5. STOCKS
2025 2024
£    £   
Stocks 218,504 274,346

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 104,051 42,341

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors - 2,299
Tax 8,825 13,152
VAT 5,440 2,739
Directors' current accounts 25,501 41,634
Accrued expenses 1,850 1,720
41,616 61,544

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100