REGISTERED NUMBER: |
Financial Statements For The Year Ended 31 March 2023 |
for |
TWINPLANE LIMITED |
REGISTERED NUMBER: |
Financial Statements For The Year Ended 31 March 2023 |
for |
TWINPLANE LIMITED |
TWINPLANE LIMITED (REGISTERED NUMBER: 03755142) |
Contents of the Financial Statements |
For The Year Ended 31 March 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
TWINPLANE LIMITED (REGISTERED NUMBER: 03755142) |
Balance Sheet |
31 March 2023 |
31/3/23 | 31/3/22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
TWINPLANE LIMITED (REGISTERED NUMBER: 03755142) |
Balance Sheet - continued |
31 March 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
TWINPLANE LIMITED (REGISTERED NUMBER: 03755142) |
Notes to the Financial Statements |
For The Year Ended 31 March 2023 |
1. | STATUTORY INFORMATION |
Twinplane Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Pension costs and other post-retirement benefits |
The company commits to providing future pension benefits (defined contribution) under a pension agreement with a senior employee. Amounts payable under this pension agreement are charged to the profit and loss account in the year the contractual commitment was entered into and the liability is recognised in the balance sheet under Provisions for liabilities. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Computer |
machinery | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 April 2022 |
and 31 March 2023 |
DEPRECIATION |
At 1 April 2022 |
Charge for year |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
TWINPLANE LIMITED (REGISTERED NUMBER: 03755142) |
Notes to the Financial Statements - continued |
For The Year Ended 31 March 2023 |
5. | FIXED ASSET INVESTMENTS |
Interest |
in other |
participating |
interests |
£ |
COST |
At 1 April 2022 | 4,179,191 |
Disposals | (52,353 | ) |
Share of profit/(loss) | 26,665 |
At 31 March 2023 | 4,153,503 |
NET BOOK VALUE |
At 31 March 2023 | 4,153,503 |
At 31 March 2022 | 4,179,191 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/3/23 | 31/3/22 |
£ | £ |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31/3/23 | 31/3/22 |
£ | £ |
Other creditors |
8. | RELATED PARTY DISCLOSURES |
The company is a partner in Twinplane LLP , a partnership in which the director Mr S Sadoo is also a partner.. |
The companies capital account in Twinplane LLP at 31 March 2023 was £ 4,153,503 ( 2022 £4,179,191) |
9. | ULTIMATE CONTROLLING PARTY |
The controlling party is Mr Sewnarine Sadoo. |
The company was under the control of Mr Sadoo, a director throughout the current and previous year. Mr Sadoo's beneficial interest in the company is 100% (2022 - 100%). |