Registration number: 09798646

Time For Action Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Time For Action Limited

Company Information

Director

P Naggar

Registered office

71-75 Shelton Street Covent Garden London WC2H 9JQ

Accountants

Thomas Alexander & Company Limited 590 Green Lanes Palmers Green London N13 5RY

Time For Action Limited

(Registration number: 09798646)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,013	449
Investment property	5	688,436	321,065
Other financial assets	6	10,000	10,000
		699,449	331,514
Current assets
Debtors	7	23,466	180,331
Cash at bank and in hand		1,352	11,596
		24,818	191,927
Creditors: Amounts falling due within one year	8	(615,467)	(460,566)
Net current liabilities		(590,649)	(268,639)
Net assets		108,800	62,875
Capital and reserves
Called up share capital	9	2	2
Retained earnings		108,798	62,873
Shareholders' funds		108,800	62,875

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 December 2025
 

......................................... P Naggar Director

Time For Action Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ

These financial statements were authorised for issue by the director on 5 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% reducing balance method

Time For Action Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Time For Action Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 October 2024	1,649	1,649
Additions	899	899
At 30 September 2025	2,548	2,548
Depreciation
At 1 October 2024	1,200	1,200
Charge for the year	335	335
At 30 September 2025	1,535	1,535
Carrying amount
At 30 September 2025	1,013	1,013
At 30 September 2024	449	449

5	Investment properties

	2025 £
At 1 October	321,065
Additions	367,371
At 30 September	688,436

The investment property has been recognised at historic cost which is considered to be equal to the fair value.

Page 5

Time For Action Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

6	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 October 2024	10,000	10,000
At 30 September 2025	10,000	10,000
Impairment
Carrying amount
At 30 September 2025	10,000	10,000

7

Debtors

Current	2025 £	2024 £
Trade debtors	5,074	11,800
Prepayments	-	150,139
Other debtors	18,392	18,392
	23,466	180,331

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Other payables		594,214	443,008
Accruals		10,000	11,200
Corporation tax liability		11,253	6,358
		615,467	460,566

9	Share capital

Allotted, called up and fully paid shares

Time For Action Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2

10	Related party transactions

Included in other creditors is an amount £594,214 (2024: £443,008) owed to P Naggar, the director of the company.