Time For You Kilmarnock Ltd
Unaudited accounts
Contents
Time For You Kilmarnock Ltd
Company Information
for the year ended 30 September 2021
Directors
David Durham
Amanda Durham
Company Number
SC545859 (Scotland)
Registered Office
3 DARVEL AVENUE
ELLISLAND
KILMARNOCK
KA3 6FW
SCOTLAND
Accountants
W Wilson Millar Ltd
32 Moorfield Road
Prestwick
KA9 2HW
Time For You Kilmarnock Ltd
Statement of financial position
as at
30 September 2021
Intangible assets
33,000
33,000
Cash at bank and in hand
27,887
36,406
Creditors: amounts falling due within one year
(45,792)
(49,366)
Net current liabilities
(17,905)
(12,960)
Total assets less current liabilities
15,095
20,040
Creditors: amounts falling due after more than one year
(14,667)
(20,000)
Called up share capital
100
100
Profit and loss account
328
(60)
Shareholders' funds
428
40
For the year ending 30 September 2021 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 29 November 2021 and were signed on its behalf by
David Durham
Director
Company Registration No. SC545859
Time For You Kilmarnock Ltd
Notes to the Accounts
for the year ended 30 September 2021
Time For You Kilmarnock Ltd is a private company, limited by shares, registered in Scotland, registration number SC545859. The registered office is 3 DARVEL AVENUE, ELLISLAND, KILMARNOCK, KA3 6FW, SCOTLAND.
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:
Fixtures & fittings
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost.
4
Intangible fixed assets
Other
At 30 September 2021
33,000
At 30 September 2021
33,000
At 30 September 2020
33,000
Time For You Kilmarnock Ltd
Notes to the Accounts
for the year ended 30 September 2021
5
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
4,000
-
Taxes and social security
6,284
5,311
Loans from directors
35,008
43,555
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).