Timfelly Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 12308570

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		31,221		39,156

			31,221		39,156
CURRENT ASSETS
Stocks	5	4,820		4,820
Debtors	6	23,196		31,745
Cash at bank and in hand		63,577		188,000

		91,593		224,565
Creditors: Amounts Falling Due Within One Year	7	(45,313 )		(71,564 )

NET CURRENT ASSETS (LIABILITIES)			46,280		153,001

TOTAL ASSETS LESS CURRENT LIABILITIES			77,501		192,157

Creditors: Amounts Falling Due After More Than One Year	8		-		(19,700 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(7,806 )		(9,789 )

NET ASSETS			69,695		162,668

CAPITAL AND RESERVES
Called up share capital	9		2		2
Income Statement			69,693		162,666

SHAREHOLDERS' FUNDS			69,695		162,668

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Timfelly Ltd

Statement of Financial Position (continued)

As At 30 April 2025

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

The member has 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.

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 Income Statement.

On behalf of the board

Timothy Jackson

Director

19/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Timfelly Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12308570 . The registered office is 1 Collins Gardens, Ash, Aldershot, Surrey, GU12 6EP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. Revenue is recognised in the period in which training is provided and at the point where it is likely for the to be an economic benefit to the company.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Office equipment	25% straight line
Motor Vehicles	15% straight line
Computer Equipment	25% straight line

2.4. Leasing and Hire Purchase Contracts

Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.

Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors.

2.5. Stocks and Work in Progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Office equipment	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 May 2024	12,202	45,989	24,803	82,994
Additions	3,480	-	5,787	9,267
Disposals	(900 )	-	(8,608 )	(9,508 )

As at 30 April 2025	14,782	45,989	21,982	82,753

...CONTINUED

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Timfelly Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Depreciation
As at 1 May 2024	7,528	20,695	15,615	43,838
Provided during the period	3,103	6,899	4,261	14,263
Disposals	(900 )	-	(5,669 )	(6,569 )

As at 30 April 2025	9,731	27,594	14,207	51,532

Net Book Value
As at 30 April 2025	5,051	18,395	7,775	31,221

As at 1 May 2024	4,674	25,294	9,188	39,156

5. Stocks

	2025	2024
	£	£
Stock	4,820	4,820

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	21,653	13,980
Other debtors	1,543	17,765

	23,196	31,745

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	234	14
Other creditors	21,139	6,786
Taxation and social security	23,940	64,764

	45,313	71,564

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	-	19,700

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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Timfelly Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 May 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 April 2025
	£	£	£	£	£
Mr Timothy Jackson	17,765	1,543	17,765	-	1,543

The above loan is unsecured and repayable on demand. Interest is charged at HMRC's official rate.

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