1 December 2024 false Taxfiler 2024.6 true 15292576 business:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 15292576 2024-11-30 15292576 2024-12-01 2025-11-30 15292576 business:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 15292576 business:FilletedAccounts 2024-12-01 2025-11-30 15292576 2025-11-30 15292576 business:Director1 2024-12-01 2025-11-30 15292576 business:Director2 2024-12-01 2025-11-30 15292576 business:Director3 2024-12-01 2025-11-30 15292576 business:Director4 2024-12-01 2025-11-30 15292576 business:RegisteredOffice 2024-12-01 2025-11-30 15292576 2024-11-30 15292576 core:WithinOneYear 2025-11-30 15292576 core:WithinOneYear 2024-11-30 15292576 core:ShareCapital core:PreviouslyStatedAmount 2025-11-30 15292576 core:ShareCapital core:PreviouslyStatedAmount 2024-11-30 15292576 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-11-30 15292576 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-11-30 15292576 core:PreviouslyStatedAmount 2025-11-30 15292576 core:PreviouslyStatedAmount 2024-11-30 15292576 business:SmallEntities 2024-12-01 2025-11-30 15292576 countries:EnglandWales 2024-12-01 2025-11-30 15292576 core:MotorVehicles 2024-12-01 2025-11-30 15292576 core:FurnitureFittings 2024-12-01 2025-11-30 15292576 core:MotorVehicles 2024-11-30 15292576 core:FurnitureFittings 2024-11-30 15292576 core:MotorVehicles 2025-11-30 15292576 core:FurnitureFittings 2025-11-30 15292576 business:OrdinaryShareClass1 2024-12-01 2025-11-30 15292576 business:OrdinaryShareClass1 2023-11-17 2024-11-30 15292576 2023-11-17 2024-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 15292576 (England and Wales)
Timberland Building Supplies Ltd Unaudited accounts for the year ended 30 November 2025
Timberland Building Supplies Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Timberland Building Supplies Ltd Company Information for the year ended 30 November 2025
Directors
Sharanbir Singh Momi Surjit Singh Vikas Birla Amardeep Kaur Momi
Company Number
15292576 (England and Wales)
Registered Office
Timberland Building Supplies Ltd Unit 4 Southbridge Way Southall Middlesex UB2 4BY England
Accountants
ABMO Consultancy 37 Taplow Road Taplow South Bucks SL6 0JN
- 3 -
Timberland Building Supplies Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
357,816
219,000
Current assets
Inventories
1,638,836
1,443,250
Debtors
5
852,036
401,109
Cash at bank and in hand
82,680
9,507
2,573,552
1,853,866
Creditors: amounts falling due within one year
6
(2,961,349)
(1,886,236)
Net current liabilities
(387,797)
(32,370)
Total assets less current liabilities
(29,981)
186,630
Provisions for liabilities
Deferred tax
(67,985)
(41,610)
Net (liabilities)/assets
(97,966)
145,020
Capital and reserves
Called up share capital
7
30
30
Profit and loss account
(97,996)
144,990
Shareholders' funds
(97,966)
145,020
For the year ending 30 November 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 18 May 2026 and were signed on its behalf by
Sharanbir Singh Momi Director Company Registration No. 15292576
- 4 -
Timberland Building Supplies Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Timberland Building Supplies Ltd is a private company, limited by shares, registered in England and Wales, registration number 15292576. The registered office is Timberland Building Supplies Ltd, Unit 4, Southbridge Way, Southall, Middlesex, UB2 4BY, 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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Motor vehicles
5 years Straight Line
Fixtures & fittings
5 years Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The financial statements have been prepared using the going concern basis of accounting. The Directors further confirm that the company has adequate resources to continue in operational existence for the foreseeable future.
- 5 -
Timberland Building Supplies Ltd Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 December 2024
133,750
140,000
273,750
Additions
196,980
-
196,980
At 30 November 2025
330,730
140,000
470,730
Depreciation
At 1 December 2024
26,750
28,000
54,750
Charge for the year
51,164
7,000
58,164
At 30 November 2025
77,914
35,000
112,914
Net book value
At 30 November 2025
252,816
105,000
357,816
At 30 November 2024
107,000
112,000
219,000
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
852,036
384,797
Other debtors
-
16,312
852,036
401,109
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
101,037
-
VAT
3,741
-
Obligations under finance leases and hire purchase contracts
112,286
62,962
Trade creditors
1,610,795
1,223,292
Taxes and social security
20,290
15,400
Loans from directors
717,500
570,500
Accruals
-
14,082
Deferred income
395,700
-
2,961,349
1,886,236
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
300 Ordinary shares of £0.10 each
30
30
8
Average number of employees
During the year the average number of employees was 9 (2024: 9).
- 6 -