Company registration number: 13058043
Unaudited financial statements
for the year ended 31 December 2024
for
Timbervan Ltd
Pages for filing with the Registrar
Company registration number: 13058043
Timbervan Ltd
Balance sheet
as at 31 December 2024
2024 2023
£ £ £ £
Current assets
Stocks 38,730 38,779
Debtors 1,286 4,810
Cash at bank and in hand 9,651 2,802
49,667 46,391
Creditors: amounts falling due within one
year 		(55,400) (62,001)
Net current liabilities (5,733) (15,610)
NET LIABILITIES (5,733) (15,610)
Capital and reserves
Called up share capital 1 1
Profit and loss account (5,734) (15,611)
TOTAL EQUITY (5,733) (15,610)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 13058043
Timbervan Ltd
Balance sheet - continued
as at 31 December 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 16 September 2025 and signed on its behalf by:
Mr J Rumbol, Director
16 September 2025
2
Timbervan Ltd
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
Timbervan Ltd is a private company registered in England and Wales. Its registered number is 13058043. The company is limited by shares. Its registered office is 1 Long Street, Tetbury, GL8 8AA.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3 Average number of employees
During the year the average number of employees was 1 (2023 - 1).
4 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023.
2024 2023
£ £
Balance outstanding at start of year 61,201 61,201
Amounts repaid (7,207) -
Balance outstanding at end of year 53,994 61,201
3