Registration number:
Twed Consultancy Limited
for the Year Ended 31 May 2023
Twed Consultancy Limited
Contents
Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Twed Consultancy Limited
for the Year Ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Twed Consultancy Limited for the year ended 31 May 2023 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.
It is your duty to ensure that Twed Consultancy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Twed Consultancy Limited. You consider that Twed Consultancy Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Twed Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Enterprise House
202-206 Linthorpe Road
Middlesbrough
TS1 3QW
Twed Consultancy Limited
Profit and Loss Account for the Year Ended 31 May 2023
2023 |
2022 |
|
Turnover |
|
|
Cost of raw materials and consumables |
( |
( |
Staff costs |
( |
( |
Depreciation and other amounts written off assets |
( |
( |
Other charges |
(30,429) |
(39,366) |
Profit before tax |
|
|
Tax on profit |
( |
( |
Profit for the year |
|
|
Twed Consultancy Limited
(Registration number: 09595119)
Balance Sheet as at 31 May 2023
2023 |
2022 |
|
Fixed assets |
|
|
Current assets |
|
|
Creditors: Amounts falling due within one year |
( |
( |
Net current assets |
|
|
|
|
|
Capital and reserves |
|
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Related party transactions |
There are no related party disclosures which are required to be disclosed under FRS105.
For the financial year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Twed Consultancy Limited
(Registration number: 09595119)
Balance Sheet as at 31 May 2023
Approved and authorised by the
......................................... |
Twed Consultancy Limited
Detailed Profit and Loss Account for the Year Ended 31 May 2023
2023 |
2022 |
|
turnover (analysed below) |
95,865 |
99,336 |
Cost of sales (analysed below) |
(8,714) |
(694) |
Gross profit |
87,151 |
98,642 |
Gross profit (%) |
90.91% |
99.3% |
Administrative expenses |
||
Employment costs (analysed below) |
(46,671) |
(46,240) |
Establishment costs (analysed below) |
(2,434) |
(2,631) |
General administrative expenses (analysed below) |
(27,963) |
(36,735) |
Finance charges (analysed below) |
(32) |
- |
Depreciation costs (analysed below) |
(102) |
(136) |
(77,202) |
(85,742) |
|
Operating profit |
9,949 |
12,900 |
Profit before tax |
9,949 |
12,900 |
Twed Consultancy Limited
Detailed Profit and Loss Account for the Year Ended 31 May 2023
2023 |
2022 |
Turnover |
||
Sale of goods, UK |
95,865 |
99,336 |
Cost of sales |
||
Purchases |
(8,714) |
(694) |
Employment costs |
||
Directors remuneration |
(6,396) |
(6,240) |
Directors pensions (Defined contribution) |
(40,000) |
(40,000) |
Staff training |
(275) |
- |
(46,671) |
(46,240) |
Establishment costs |
||
Light, heat and power |
(175) |
(452) |
Insurance |
(1,193) |
(1,272) |
Use of home as office |
(312) |
(312) |
Protective clothing |
(658) |
(595) |
Repairs and renewals |
(96) |
- |
(2,434) |
(2,631) |
General administrative expenses |
||
Telephone and fax |
(525) |
(625) |
Printing, postage and stationery |
(425) |
(425) |
Charitable donations |
(20) |
- |
Sundry expenses |
(845) |
(927) |
Cleaning |
(250) |
- |
Motor expenses |
(6,580) |
(6,818) |
Motor insurance |
(410) |
(864) |
Motor repairs and renewals |
(1,999) |
(720) |
Travel and subsistence |
(6,485) |
(11,478) |
Hotel accommodation |
(8,710) |
(12,470) |
Accountancy fees |
(1,208) |
(1,924) |
Legal and professional fees |
(506) |
(484) |
(27,963) |
(36,735) |
Finance charges |
||
Bank charges |
(32) |
- |
Depreciation costs |
||
Depreciation of office equipment (owned) |
(102) |
(136) |