Company Registration No. 02965981 (England and Wales)
Timalloy Limited
Unaudited accounts
for the year ended 31 March 2026
Timalloy Limited
Unaudited accounts
Contents
Timalloy Limited
Company Information
for the year ended 31 March 2026
Directors
Paula CLATWORTHY
James Anthony HILL
Thomas Gerard HILL
Joanna Frances MUSGROVE
Secretary
Elspeth Blaney HILL
Company Number
02965981 (England and Wales)
Registered Office
Seacroft Barton
Praa Sands
Penzance
Cornwall
TR20 9TX
England
Accountants
BRENDAN THOMAS
BUMBLE BEE ACCOUNTANCY LTD
The Bristol Office 2nd Floor
5 High Street, Westbury-On-Trym
Bristol
BS9 3BY
Timalloy Limited
Statement of financial position
as at 31 March 2026
Tangible assets
420,000
420,000
Cash at bank and in hand
26,440
37,240
Creditors: amounts falling due within one year
(346,888)
(385,396)
Net current liabilities
(320,448)
(348,156)
Total assets less current liabilities
99,552
71,844
Creditors: amounts falling due after more than one year
(26,440)
(20,000)
Profit and loss account
73,112
51,844
Shareholders' funds
73,112
51,844
For the year ending 31 March 2026 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 June 2026 and were signed on its behalf by
Paula CLATWORTHY
Director
Company Registration No. 02965981
Timalloy Limited
Notes to the Accounts
for the year ended 31 March 2026
Timalloy Limited is a private company, limited by shares, registered in England and Wales, registration number 02965981. The registered office is Seacroft Barton, Praa Sands, Penzance, Cornwall, TR20 9TX, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
0% depreciation
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
5,022
5,946
Loans from directors
341,716
379,450
Timalloy Limited
Notes to the Accounts
for the year ended 31 March 2026
6
Creditors: amounts falling due after more than one year
2026
2025
Loans from directors
26,440
20,000
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).