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REGISTERED NUMBER: 11335199










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

TIMFOR LIMITED

TIMFOR LIMITED (REGISTERED NUMBER: 11335199)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TIMFOR LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2024







DIRECTORS: Mr S T Dawson
Mr J Hince
Mr E J Richardson





REGISTERED OFFICE: Singleton Court Business Park
Wonastow Road Industrial Estate (West)
Monmouth
Monmouthshire
NP255JA





REGISTERED NUMBER: 11335199





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

TIMFOR LIMITED (REGISTERED NUMBER: 11335199)

BALANCE SHEET
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,863 23,817

CURRENT ASSETS
Debtors 5 61,814 61,890
Cash at bank 151 347
61,965 62,237
CREDITORS
Amounts falling due within one year 6 53,922 45,432
NET CURRENT ASSETS 8,043 16,805
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,906

40,622

CREDITORS
Amounts falling due after more than one
year

7

5,252

15,330
NET ASSETS 20,654 25,292

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 20,651 25,289
20,654 25,292

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

TIMFOR LIMITED (REGISTERED NUMBER: 11335199)

BALANCE SHEET - continued
30 November 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 17 June 2025 and were signed on its behalf by:





Mr S T Dawson - Director


TIMFOR LIMITED (REGISTERED NUMBER: 11335199)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024


1. STATUTORY INFORMATION

Timfor Limited is a private company, limited by shares , registered in Not specified/Other. 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.
Plant and machinery - 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

TIMFOR LIMITED (REGISTERED NUMBER: 11335199)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023
and 30 November 2024 52,198
DEPRECIATION
At 1 December 2023 28,381
Charge for year 5,954
At 30 November 2024 34,335
NET BOOK VALUE
At 30 November 2024 17,863
At 30 November 2023 23,817

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 2,188
Amounts owed by associates 61,814 59,194
Other debtors - 508
61,814 61,890

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,600 9,600
Trade creditors - 1,455
Taxation and social security 2,489 3,651
Other creditors 41,833 30,726
53,922 45,432

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 5,252 15,330

8. RELATED PARTY DISCLOSURES

At 30 November 2024 other creditors included loans made to the company by the directors of £14,266 (2023: £3,687). The loans are interest free and have no fixed date for repayment.

TIMFOR LIMITED (REGISTERED NUMBER: 11335199)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024


9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party throughout the year was the directors.