Timereel Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07749107

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	1		1
Debtors	5	-		197
Cash at bank and in hand		209		1,103

		210		1,301
Creditors: Amounts Falling Due Within One Year	6	(68,390 )		(66,696 )

NET CURRENT ASSETS (LIABILITIES)			(68,180 )		(65,395 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(68,180 )		(65,395 )

NET LIABILITIES			(68,180 )		(65,395 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(68,181 )		(65,396 )

SHAREHOLDERS' FUNDS			(68,180)		(65,395)

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Timereel Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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 Profit and Loss Account.

On behalf of the board

Mr P Desira

Director

14 September 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Timereel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07749107 . The registered office is 3 Connells Mews, St Andrews Park, Thorpe St Andrew, Norwich, NR7 0GF .

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. Going Concern Disclosure

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The company has net liabilities at the year end and its ability to continue as a going concern is dependent upon the continued availability of existing financial support and the company being able to meet its liabilities as they fall due.

The director considers that the company will have sufficient resources to continue in operational existence for the foreseeable future and accordingly considers it appropriate to prepare the financial statements on a going concern basis.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Timereel Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Stocks

	2025	2024
	£	£
Stock	1	1

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	-	197

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	29	35
Other creditors	68,361	66,661

	68,390	66,696

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

8. Related Party Transactions

At the year end, the company owed the following to related parties, included in other creditors:

£114 to EQ Films Limited, a company owned by the director.

£64,500 Loan from a close family member. No interest is being charged on this balance and it is repayable on demand.

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