TWYSOFT LIMITED

Company Registration Number:
03361129 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

TWYSOFT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

TWYSOFT LIMITED

Company Information

for the Period Ended 31 December 2021




Director: Andrew Twigger
Registered office: 18
Yewhurst Close
Twyford
Reading
Berkshire
RG10 9PW
Company Registration Number: 03361129 (England and Wales)

TWYSOFT LIMITED

Directors' Report Period Ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal Activities

Computer software development

Political and charitable donations

No political or charitable donations were made in this period.

Directors

The directors shown below have held office during the whole of the period from 01 January 2021 to 31 December 2021
Andrew Twigger

This report was approved by the board of directors on 31 August 2022
And Signed On Behalf Of The Board By:

Name: Andrew Twigger
Status: Director

TWYSOFT LIMITED

Profit and Loss Account

for the Period Ended 31 December 2021


Notes

2021
£

2020
£
Turnover 0 31,355
Cost of sales ( 0 ) ( 0 )
Gross Profit or (Loss) 0 31,355
Administrative Expenses ( 15,231 ) ( 9,333 )
Operating Profit or (Loss) ( 15,231 ) 22,022
Interest Receivable and Similar Income 15,319 184
Profit or (Loss) Before Tax 88 22,206
Tax on Profit ( 17 ) ( 39 )
Profit or (Loss) for Period 71 22,167

The notes form part of these financial statements

TWYSOFT LIMITED

Balance sheet

As at 31 December 2021


Notes

2021
£

2020
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 5 0 0
Cash at bank and in hand: 287,986 291,927
Total current assets: 287,986 291,927
Creditors: amounts falling due within one year: 6 ( 100,060 ) ( 64,089 )
Net current assets (liabilities): 187,926 227,838
Total assets less current liabilities: 187,926 227,838
Total net assets (liabilities): 187,926 227,838

The notes form part of these financial statements

TWYSOFT LIMITED

Balance sheet continued

As at 31 December 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 185,926 225,838
Shareholders funds: 187,926 227,838

For the year ending 31 December 2021 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 August 2022
And Signed On Behalf Of The Board By:

Name: Andrew Twigger
Status: Director

The notes form part of these financial statements

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents the revenue earned during the period, exclusive of VAT.

    Tangible fixed assets depreciation policy

    All assets are fully depreciated at the time of purchase. The company's only assets are in computer equipment where the residual value is considered to be fully depreciated at the point of purchase.

    Intangible fixed assets amortisation policy

    All assets are fully depreciated at the time of purchase. The company does not hold any intangible fixed assets.

    Valuation information and policy

    The costs of software development are written off to the profit and loss account in the period in which they are incurred. The company is not engaged in long term contracts and does not operate a work in progress accrual system.

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 1 1

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 3. Off balance sheet disclosure

    No

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Dividends


2021
£

2020
£
Dividends paid 40,000 40,000

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Debtors


2021
£

2020
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6.Creditors: amounts falling due within one year note


2021
£

2020
£
Trade creditors 100,000 64,000
Taxation and social security 60 89
Total 100,060 64,089