Acorah Software Products - Accounts Production 16.3.350 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 09057613 Mrs Deborah Warren Mr Timothy Warren iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09057613 2024-05-31 09057613 2025-05-31 09057613 2024-06-01 2025-05-31 09057613 frs-core:CurrentFinancialInstruments 2025-05-31 09057613 frs-core:MotorVehicles 2025-05-31 09057613 frs-core:MotorVehicles 2024-06-01 2025-05-31 09057613 frs-core:MotorVehicles 2024-05-31 09057613 frs-core:ShareCapital 2025-05-31 09057613 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 09057613 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 09057613 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 09057613 frs-bus:SmallEntities 2024-06-01 2025-05-31 09057613 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 09057613 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 09057613 frs-bus:Director1 2024-06-01 2025-05-31 09057613 frs-bus:Director1 2024-05-31 09057613 frs-bus:Director1 2025-05-31 09057613 frs-bus:Director2 2024-06-01 2025-05-31 09057613 frs-countries:EnglandWales 2024-06-01 2025-05-31 09057613 2023-05-31 09057613 2024-05-31 09057613 2023-06-01 2024-05-31 09057613 frs-core:CurrentFinancialInstruments 2024-05-31 09057613 frs-core:ShareCapital 2024-05-31 09057613 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 09057613
Tim Warren Setbuilding Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Forest Edge Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09057613
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,403 13,870
10,403 13,870
CURRENT ASSETS
Debtors 5 24,005 47,903
Cash at bank and in hand 71,717 138,664
95,722 186,567
Creditors: Amounts Falling Due Within One Year 6 (24,067 ) (63,660 )
NET CURRENT ASSETS (LIABILITIES) 71,655 122,907
TOTAL ASSETS LESS CURRENT LIABILITIES 82,058 136,777
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,121 ) (1,988 )
NET ASSETS 80,937 134,789
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 80,837 134,689
SHAREHOLDERS' FUNDS 80,937 134,789
For the year ending 31 May 2025 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
Mrs Deborah Warren
Director
08/09/2025
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
Tim Warren Setbuilding Limited Registered number 09057613 is a limited by shares company incorporated in England & Wales. The Registered Office is 33 Broomhill Road, Woodford Green, Essex, IG8 9HD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing balance
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 June 2024 36,934
As at 31 May 2025 36,934
Depreciation
As at 1 June 2024 23,064
Provided during the period 3,467
As at 31 May 2025 26,531
Net Book Value
As at 31 May 2025 10,403
As at 1 June 2024 13,870
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 24,005 47,903
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,896 1,871
Corporation tax 2,850 21,182
VAT 12,717 27,030
Directors' loan accounts 6,604 13,577
24,067 63,660
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Creditors falling due within one year include unsecured loans of £6,604 from one of the directors.
The loan is interest free and repayable on demand.
As at 1 June 2024 Amounts advanced Amounts repaid Amounts written off As at 31 May 2025
£ £ £ £ £
Mrs Deborah Warren 13,577 - 6,973 - 6,604
Page 3