REGISTERED NUMBER: 08830981 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

TIMBERLEY PROJECTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C D D L Carey

O N Marchant-Lane

REGISTERED OFFICE:

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

REGISTERED NUMBER:

08830981 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Chartered Accountants

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

FIXED ASSETS

Tangible assets

4

75,925

79,204

CURRENT ASSETS

Debtors

5

532,135

352,417

Cash at bank

-

19,157

532,135

371,574

CREDITORS

Amounts falling due within one year

6

421,288

228,982

NET CURRENT ASSETS

110,847

142,592

TOTAL ASSETS LESS CURRENT LIABILITIES

186,772

221,796

CREDITORS

Amounts falling due after more than one year

7

29,994

53,126

NET ASSETS

156,778

168,670

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

156,776

168,668

SHAREHOLDERS' FUNDS

156,778

168,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by:

C D D L Carey - Director

O N Marchant-Lane - Director

1.	STATUTORY INFORMATION

Timberley Projects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - 5 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

71,136

69,972

11,671

152,779

Additions

3,039

18,990

-

22,029

At 31 January 2026

74,175

88,962

11,671

174,808

DEPRECIATION

At 1 February 2025

56,735

8,906

7,934

73,575

Charge for year

4,360

20,014

934

25,308

At 31 January 2026

61,095

28,920

8,868

98,883

NET BOOK VALUE

At 31 January 2026

13,080

60,042

2,803

75,925

At 31 January 2025

14,401

61,066

3,737

79,204

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2025

34,000

65,673

99,673

Additions

-

17,990

17,990

At 31 January 2026

34,000

83,663

117,663

DEPRECIATION

At 1 February 2025

and 31 January 2026

26,268

6,281

32,549

NET BOOK VALUE

At 31 January 2026

7,732

77,382

85,114

At 31 January 2025

7,732

59,392

67,124

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

293,575

109,871

Other debtors

74,386

6,313

Amounts owed by group undertakings

15,870

50,068

Directors' current accounts

-

138,594

Prepayments and accrued income

148,304

47,571

532,135

352,417

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 8)

27,208

10,452

Hire purchase contracts

11,496

11,946

Trade creditors

143,343

65,848

Corporation Tax

67,847

18,092

Social security and other taxes

75,743

71,668

VAT

75,120

17,172

Other creditors

7,842

21,115

Accruals and deferred income

12,689

12,689

421,288

228,982

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 8)

-

8,398

Hire purchase contracts

29,994

44,728

29,994

53,126

8.

LOANS

During the 2020 financial period, the company was granted a bounce back loan. It is denominated in £ with a nominal interest rate of 2.5%. The carrying amount at the 2026 year end was £8,398..

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

1

2

2

10.

RESERVES

Retained

earnings

£

At 1 February 2025

168,668

Profit for the year

148,108

Dividends

(160,000

)

At 31 January 2026

156,776