Company Registration No. 11684427 (England and Wales)
Time To Be Me Ltd
Unaudited accounts
for the period from 19 November 2018 to 30 November 2019
Time To Be Me Ltd
Unaudited accounts
Contents
Time To Be Me Ltd
Company Information
for the period from 19 November 2018 to 30 November 2019
Directors
Josephine Grace Dodds
Karen Lesley Dodds
Stephen Dodds
Company Number
11684427 (England and Wales)
Registered Office
PAGES COURT
ST PETERS ROAD
PETERSFIELD, HAMPSHIRE
GU32 3HX
ENGLAND
Accountants
Mad About Book-Keeping Limited
Wolfe Mead
Farnham Road
Bordon
Hampshire
GU35 0NH
Time To Be Me Ltd
Statement of financial position
as at 30 November 2019
Cash at bank and in hand
60
Creditors: amounts falling due within one year
(27,187)
Net current liabilities
(7,052)
Called up share capital
100
Profit and loss account
375
For the period ending 30 November 2019 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 14 September 2020 and were signed on its behalf by
Stephen Dodds
Director
Company Registration No. 11684427
Time To Be Me Ltd
Notes to the Accounts
for the period from 19 November 2018 to 30 November 2019
Time To Be Me Ltd is a private company, limited by shares, registered in England and Wales, registration number 11684427. The registered office is PAGES COURT, ST PETERS ROAD, PETERSFIELD, HAMPSHIRE, GU32 3HX, 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 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.
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 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:
Plant & machinery
20% on cost
Fixtures & fittings
20% on cost
Computer equipment
20% on cost
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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Time To Be Me Ltd
Notes to the Accounts
for the period from 19 November 2018 to 30 November 2019
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 19 November 2018
-
-
-
-
Additions
6,658
772
2,009
9,439
At 30 November 2019
6,658
772
2,009
9,439
Charge for the period
1,356
154
402
1,912
At 30 November 2019
1,356
154
402
1,912
At 30 November 2019
5,302
618
1,607
7,527
7
Creditors: amounts falling due within one year
2019
Taxes and social security
20,648
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
The above loans have been provided interest free with no fixed terms for repayment.
Time To Be Me Ltd
Notes to the Accounts
for the period from 19 November 2018 to 30 November 2019
9
Average number of employees
During the period the average number of employees was 11.