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Company Registration No. 10445196 (England and Wales)
The Busy Twist Limited Unaudited accounts for the year ended 31 October 2022
The Busy Twist Limited Unaudited accounts Contents
Page
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The Busy Twist Limited Company Information for the year ended 31 October 2022
Director
Mr Oliver Williams
Company Number
10445196 (England and Wales)
Registered Office
111 Chertsey Road Twickenham Middlesex TW1 1ER United Kingdom
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The Busy Twist Limited Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,100 
2,094 
Current assets
Debtors
7,942 
31,122 
Cash at bank and in hand
8 
- 
7,950 
31,122 
Creditors: amounts falling due within one year
(2,241)
(27,166)
Net current assets
5,709 
3,956 
Total assets less current liabilities
9,809 
6,050 
Provisions for liabilities
Deferred tax
(779)
- 
Net assets
9,030 
6,050 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,029 
6,049 
Shareholders' funds
9,030 
6,050 
For the year ending 31 October 2022 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 director acknowledges his 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 and authorised for issue on 26 October 2023 and were signed on its behalf by
Mr Oliver Williams Director Company Registration No. 10445196
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The Busy Twist Limited Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
The Busy Twist Limited is a private company, limited by shares, registered in England and Wales, registration number 10445196. The registered office is 111 Chertsey Road, Twickenham, Middlesex, TW1 1ER, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2021
6,533 
1,350 
7,883 
Additions
- 
4,071 
4,071 
At 31 October 2022
6,533 
5,421 
11,954 
Depreciation
At 1 November 2021
5,114 
675 
5,789 
Charge for the year
709 
1,356 
2,065 
At 31 October 2022
5,823 
2,031 
7,854 
Net book value
At 31 October 2022
710 
3,390 
4,100 
At 31 October 2021
1,419 
675 
2,094 
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The Busy Twist Limited Notes to the Accounts for the year ended 31 October 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
31,122 
Other debtors
7,942 
- 
7,942 
31,122 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
1,329 
1,980 
Other creditors
- 
25 
Loans from directors
- 
23,157 
Accruals
912 
2,004 
2,241 
27,166 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Oliver Williams
Director's loan
(23,157)
34,699 
3,600 
7,942 
(23,157)
34,699 
3,600 
7,942 
In the financial year ended 31 October 2022, an amount of £3,600 from the director's loan account was written off and treated as a distribution. As at 31 October 2022, the remaining outstanding balance on the director's loan stands at £7,942, which has been repaid after the year end.
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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