Company Registration No. 01393709 (England and Wales) TIMATSIDE LTD (A Company Limited by Guarantee) Financial Statements For the year ended 31 December 2024 SEFfoN YODAIKEN & CO CHARTERED ACCOUNTANTS Fairways House George street Prestwich Manchester M25 9WS •Timatside Ltd • Contents Page Directors, report Independent examiners report Statement of financial activities Balance sheet Notes to the financial statements Page I •Timatside Ltd• Directors Report For the year ended 31 December 2024 The Directors present their arniual report with the finanaal statements for the year ended 31 December 2024. Principal Activity The company's prinapal aclivity during the year was that of charity. Directors Mrs. L Heilpern Mrs. P. Stenhouse This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2(K)6 relating to small companies. By order of the IK)ard Mrs L Heilpern Director 19 August 2025 Page 2 •Timatside Ltd• Independent examiners report for the trustees For the year ended 31 December 2024 I report on the accounts of the Trust for the year ended 31 December 2024 which are set out on pages 4 to 5. Respective responsibilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts. You consider that the audit requirement of section 144 of the awities Act 2011 (the Act) does not apply. It is my responsibility to state, on the basis of P￿￿edureS specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the ACL whether particular matters have come to my attention. BasAs of independent examinerfs report My examination was carried out in accordan￿ with the General Dirertions given by the Charity Commissioners. An examinaiion includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual itents or disclosures in the accounts, and seeking explanations froLn you as trustees concerning any such matters. The procedures undertaken do not pn)vide all the evidence that would be required in an audit, and consequendy do not express an audit opinion on the view given by the accounts. Independent examinds Staten￿ In connection with my exa￿inatiOn, no mat￿r has CO￿ to my attentio (l) Which gives me reasonable cause to be]ieve that in any material respect the requirements (D (ii) to keep accounting records in accordan￿ with section 130 of the Act. and to prepare accounts which accord with the accounting recorLts and to comply with the accounling requirement of the Act have not been meL' or (2) to which, in my opini(m, attention should be drawn in order to enable a proper undersianding of the accounts to be reached. Mr. S. Yodaiken 19 August 2025 Sefton Yodaiken & Co Fairniays House George Street Prestwich M25 9WS Page 3 • Tinwtside Ltd• Statement of Financial Activities For the year ended 31 December 2024 2024 2023 Notes Incoming resources Gift of shares Profit on sale of property Voluntary income Investment income 220,705 35,648 2A98 29,736 7,733 Total incoming resources 259,251 477,469 Resources expended Donations rnade Loss on sale of shares Governance costs Admi￿tratiVe expenses 189,145 7,697 250 827 84,555 2(K) 743 Totat resources expended 197,919 85A98 Surplus for the year Surplus B/F 61?32 615232 391,971 223,261 Surplus C/F 676,564 615,232 The profit and loss account has t￿eTh prepared on the basis that all operations are continuing operations. There are no recognisable gains and losses other than those passing through the profit and loss accounL Page 4 •Timatside Ltd• Balance Sheet as at 31 December 2024 2024 2023 Notes Flxed assets Tangible fixed assets 280,000 Current assets Investments Cash at bank 715ffi7 n5,667 (656) 581,366 (606) Creditors: due within one year Net current assets n5,011 580,760 Total assets less current ]iabi]ities n5,011 860,760 Cre(litors: due after one year (38,447) (38,447) 676564 822,313 Capital and reserves Revaluation reserve Profit and loss account 207,081 615,232 676,564 676,564 822J13 In preparing these fina￿la1 statements: (a) The directors are of the opinion that the company is entitled to the exemption from audit conferred under section 477 of the Companies Act 2(X)6; (b) The members have not required the company to obtain an audit of its financ￿ statements in accordance with section 476 of the Companies Act 2006, and (c) The directors acknowledge their responsibilities for. complying with the requirements of the Act with respect to accounting records and for the preparation of accounts and preparing accounts which give a true and fatr view of the state of affairs of the company as at the end of the fIJ￿nCIal wiod and wluch otherwise coJnply with the requirements of the Act rekting to accoimts, so far as applicable to the company. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies, regime. Mrs L HeiIpern Directors 19 August 2025 Page 5 •Timatside Ltd• Notes to the Financial Statements For the year ended 31 December 2024 l. Accounting Policies 1.1 Accounting Conventions These accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the charities statement of recommended practise on accountins by cTrorities (awities SORP FR$ 102) and the Cliarities Act 2011). 2. Taxation The company is non profit making and a registered charity and as such there is no corporation tax. 3. Investment income 2024 2023 Bank interest received Dividend income 1,799 2898 7,733 Governance costs 2024 2023 AccounLincy 200 5. Administrative expenses 2024 2023 Insurance Repairs Consultancy fees Sundry 593 117 150 827 743 Page 6 •Timatside Ltd• Notes to the Financial Statements For the year ended 31 December 2024 6. Tangible Fixed Assets Land & Buildings B/F Disposal Revaluation reduction 280,000 (72,919) (207,081) Depreciation Charge for the year Net book value 31 December 2024 31 December 2023 280,000 7. Investments: fair value 2024 2022 Shares 440,(X)O 8. Creditors: amounts due within one year 2024 2023 Accruals Other creditors 250 406 200 406 656 9. Creditors: amounts due after one year 2024 2023 Loan account 38,447 38,447 10. The company is a registered charity, number 1062745. Page 7