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Company Registration No. 10754469 (England and Wales)
TIMELESS IRONING (NW) LIMITED Unaudited accounts for the year ended 31 May 2025
TIMELESS IRONING (NW) LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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TIMELESS IRONING (NW) LIMITED Company Information for the year ended 31 May 2025
Directors
Mehboob Desai Mumtaz Desai
Company Number
10754469 (England and Wales)
Registered Office
24 OAKHAM COURT PRESTON PR1 3XP UNITED KINGDOM
Accountants
SMART ACCOUNTING (NW) LTD 239 RIBBLETON LANE PRESTON PR1 5EA
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TIMELESS IRONING (NW) LIMITED Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
519
633
Current assets
Cash at bank and in hand
9,853
6,300
Creditors: amounts falling due within one year
5
(675)
(3,466)
Net current assets
9,178
2,834
Total assets less current liabilities
9,697
3,467
Creditors: amounts falling due after more than one year
6
(3,467)
-
Net assets
6,230
3,467
Capital and reserves
Called up share capital
1
1
Profit and loss account
6,229
3,466
Shareholders' funds
6,230
3,467
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 30 January 2026 and were signed on its behalf by
Mehboob Desai Director Company Registration No. 10754469
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TIMELESS IRONING (NW) LIMITED Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
TIMELESS IRONING (NW) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10754469. The registered office is 24 OAKHAM COURT, PRESTON, PR1 3XP, UNITED KINGDOM.
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:
Fixtures & fittings
18 % on WDV
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 June 2024
2,538
At 31 May 2025
2,538
Depreciation
At 1 June 2024
1,905
Charge for the year
114
At 31 May 2025
2,019
Net book value
At 31 May 2025
519
At 31 May 2024
633
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
63
Taxes and social security
675
202
Loans from directors
-
3,201
675
3,466
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TIMELESS IRONING (NW) LIMITED Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
3,467
-
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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