1 February 2024 false No description of principal activity Taxfiler 2024.6 NI694034business:PrivateLimitedCompanyLtd2024-02-012025-01-31 NI6940342024-01-31 NI6940342024-02-012025-01-31 NI694034business:AuditExemptWithAccountantsReport2024-02-012025-01-31 NI694034business:FilletedAccounts2024-02-012025-01-31 NI6940342025-01-31 NI6940342024-01-31 NI694034core:WithinOneYear2025-01-31 NI694034core:WithinOneYear2024-01-31 NI694034core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 NI694034core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 NI694034core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 NI694034core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 NI694034core:PreviouslyStatedAmount2025-01-31 NI694034core:PreviouslyStatedAmount2024-01-31 NI694034business:SmallEntities2024-02-012025-01-31 NI694034business:Director12024-02-012025-01-31 NI694034countries:NorthernIreland2024-02-012025-01-31 NI694034business:RegisteredOffice2024-02-012025-01-31 NI694034core:PlantMachinery2024-02-012025-01-31 NI694034core:MotorVehicles2024-02-012025-01-31 NI694034core:FurnitureFittings2024-02-012025-01-31 NI694034core:PlantMachinery2024-01-31 NI694034core:MotorVehicles2024-01-31 NI694034core:PlantMachinery2025-01-31 NI694034core:MotorVehicles2025-01-31 NI6940342023-01-262024-01-31 iso4217:GBP xbrli:pure
Company Registration No. NI694034 (Northern Ireland)
TL Timbercraft Limited Unaudited accounts for the year ended 31 January 2025
TL Timbercraft Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
17,498 
15,084 
Current assets
Debtors
5
31,096 
14,459 
Cash at bank and in hand
33,624 
23,522 
64,720 
37,981 
Creditors: amounts falling due within one year
6
(56,417)
(48,208)
Net current assets/(liabilities)
8,303 
(10,227)
Net assets
25,801 
4,857 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
25,800 
4,856 
Shareholders' funds
25,801 
4,857 
For the year ending 31 January 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 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 5 March 2025 and were signed on its behalf by
Thomas Law Director Company Registration No. NI694034
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TL Timbercraft Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
TL Timbercraft Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI694034. The registered office is 1 HAZELBANK DRIVE, KILKEEL, NEWRY, BT34 4WG, NORTHERN IRELAND.
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
20%
Motor vehicles
20%
Fixtures & fittings
20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
3,990 
14,500 
18,490 
Additions
318 
5,502 
5,820 
At 31 January 2025
4,308 
20,002 
24,310 
Depreciation
At 1 February 2024
83 
3,323 
3,406 
Charge for the year
83 
3,323 
3,406 
At 31 January 2025
166 
6,646 
6,812 
Net book value
At 31 January 2025
4,142 
13,356 
17,498 
At 31 January 2024
3,907 
11,177 
15,084 
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TL Timbercraft Limited Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
29,714 
13,077 
Accrued income and prepayments
1,382 
1,382 
31,096 
14,459 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
15,400 
16,611 
Trade creditors
17,080 
5,463 
Taxes and social security
2,613 
7,573 
Other creditors
2,500 
2,520 
Loans from directors
(6,555)
(6,459)
Accruals
25,379 
22,500 
56,417 
48,208 
7
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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