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Company Registration No. 09916424 (England and Wales)
Gary Smith Timberframe Limited Unaudited accounts for the year ended 31 December 2024
Gary Smith Timberframe Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gary Smith Timberframe Limited Company Information for the year ended 31 December 2024
Director
Gary Smith
Company Number
09916424 (England and Wales)
Registered Office
Cartref Carmel Llanelli Dyfed SA14 7UA Wales
Accountants
J L Taxation Services Ltd 42 Glanymor Park Drive Loughor Swansea SA4 6UQ
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Gary Smith Timberframe Limited Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
4
2,974 
Current assets
Debtors
5
35,410 
Cash at bank and in hand
15,534 
50,944 
Creditors: amounts falling due within one year
6
(5,236)
Net current assets
45,708 
Net assets
48,682 
Capital and reserves
Profit and loss account
48,682 
Shareholders' funds
48,682 
For the year ending 31 December 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 September 2025 and were signed on its behalf by
Gary Smith Director Company Registration No. 09916424
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Gary Smith Timberframe Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Gary Smith Timberframe Limited is a private company, limited by shares, registered in England and Wales, registration number 09916424. The registered office is Cartref, Carmel, Llanelli, Dyfed, SA14 7UA, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25%
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
8,535 
37,515 
2,095 
48,145 
Additions
2,564 
- 
- 
2,564 
At 31 December 2024
11,099 
37,515 
2,095 
50,709 
Depreciation
At 1 January 2024
7,134 
37,515 
2,095 
46,744 
Charge for the year
991 
- 
- 
991 
At 31 December 2024
8,125 
37,515 
2,095 
47,735 
Net book value
At 31 December 2024
2,974 
- 
- 
2,974 
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Gary Smith Timberframe Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
711 
Trade debtors
5,830 
Other debtors
28,869 
35,410 
6
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
675 
Taxes and social security
4,062 
Loans from directors
499 
5,236 
7
Average number of employees
During the year the average number of employees was 1.
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