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REGISTERED NUMBER: 06674294 (England and Wales)
















Twentytwo Creative Limited

Unaudited Financial Statements

for the Year Ended 31st March 2023






Twentytwo Creative Limited (Registered number: 06674294)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Twentytwo Creative Limited

Company Information
for the Year Ended 31st March 2023







Directors: Ms. J R Bourne
Mr. K M Hawkes





Registered office: Glasbury
Townlands Road
Wadhurst
East Sussex
TN5 6BW





Registered number: 06674294 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Twentytwo Creative Limited (Registered number: 06674294)

Statement of Financial Position
31st March 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 42,372 3,221

Current assets
Debtors 5 25,605 20,473
Cash at bank 9,294 22,948
34,899 43,421
Creditors
Amounts falling due within one year 6 28,994 29,344
Net current assets 5,905 14,077
Total assets less current liabilities 48,277 17,298

Creditors
Amounts falling due after more than one
year

7

(27,225

)

-

Provisions for liabilities (6,060 ) (612 )
Net assets 14,992 16,686

Capital and reserves
Called up share capital 100 100
Retained earnings 14,892 16,586
14,992 16,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Twentytwo Creative Limited (Registered number: 06674294)

Statement of Financial Position - continued
31st March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th November 2023 and were signed on its behalf by:





Mr. K M Hawkes - Director


Twentytwo Creative Limited (Registered number: 06674294)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. Statutory information

Twentytwo Creative Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
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
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

Twentytwo Creative Limited (Registered number: 06674294)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

4. Tangible fixed assets
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
Cost
At 1st April 2022 5,800 - 4,437 10,237
Additions - 44,696 2,040 46,736
At 31st March 2023 5,800 44,696 6,477 56,973
Depreciation
At 1st April 2022 4,633 - 2,383 7,016
Charge for year 291 5,587 1,707 7,585
At 31st March 2023 4,924 5,587 4,090 14,601
Net book value
At 31st March 2023 876 39,109 2,387 42,372
At 31st March 2022 1,167 - 2,054 3,221

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 19,704 14,468
Other debtors 5,901 6,005
25,605 20,473

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Hire purchase contracts 4,500 -
Taxation and social security 22,279 23,770
Other creditors 2,215 5,574
28,994 29,344

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Hire purchase contracts 27,225 -