Time2Display Limited - Filleted accounts

Registered number

08694894

Time2Display Limited

Filleted Accounts

31 August 2025

Time2Display Limited
Registered number:		08694894
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		13,200			17,600
Tangible assets	4		109,419			107,096
			122,619			124,696

Current assets
Stocks		64,936			61,359
Debtors	5	118,028			127,194
Cash at bank and in hand		89,435			54,306
		272,399			242,859

Creditors: amounts falling due within one year	6	(106,993)			(115,892)

Net current assets			165,406			126,967

Total assets less current liabilities			288,025			251,663

Creditors: amounts falling due after more than one year	7		-			(4,500)

Provisions for liabilities			(20,790)			(21,271)


Net assets			267,235			225,892

Capital and reserves
Called up share capital			10			10
Profit and loss account			267,225			225,882

Shareholders' funds			267,235			225,892

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



…...........................................................
A Wilson
Director
Approved by the board on 22 May 2026

Time2Display Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 10 years
	Fixtures, fittings, tools and equipment	over 10 years
	Computer equipment	over 3 years

	The depreciation rates under this policy have been reviewed by the directrs and amended to reflect the true expected useful life of the plant and equipment owned by the company. The impact of this policy change is shown in the prior year adjustment note ( ).

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			8		8


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 September 2024					22,000
	At 31 August 2025					22,000

	Amortisation
	At 1 September 2024					4,400
	Provided during the year					4,400
	At 31 August 2025					8,800

	Net book value
	At 31 August 2025					13,200
	At 31 August 2024					17,600

	Goodwill is to be written off in equal annual instalments over its estimated economic life of 5 years from the end of the initial period of ownership.


4	Tangible fixed assets
		Plant and machinery		Office equipment & computers		Total
£			£		£
	Cost
	At 1 September 2024	182,448		11,095		193,543
	Additions	25,306		-		25,306
	At 31 August 2025	207,754		11,095		218,849

	Depreciation
	At 1 September 2024	80,439		6,008		86,447
	Charge for the year	20,611		2,372		22,983
	At 31 August 2025	101,050		8,380		109,430

	Net book value
	At 31 August 2025	106,704		2,715		109,419
	At 31 August 2024	102,009		5,087		107,096


5	Debtors			2025		2024
£					£

	Trade debtors			97,326		112,091
	Other debtors			20,702		15,103
				118,028		127,194


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			4,500		6,000
	Obligations under finance lease and hire purchase contracts			1,117		5,375
	Trade creditors			59,351		71,849
	Taxation and social security costs			27,611		26,150
	Other creditors			14,414		6,518
				106,993		115,892


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		4,500


8	Controlling party

	The company is controlled by its directors who, between them, own 100% of the issued share capital.


9	Other information

	Time2Display Limited is a private company limited by shares and incorporated in England. Its registered office is:
	9, Glasshouse Studios
	Fryern Court Road
	Burgate, Fordingbridge
	Hampshire
	SP6 1QX