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REGISTERED NUMBER: 08957010 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

TWO AND TWO TRADING LIMITED

TWO AND TWO TRADING LIMITED (REGISTERED NUMBER: 08957010)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TWO AND TWO TRADING LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr J Coughlin





REGISTERED OFFICE: 1 & 2 Studley Court Mews,Studley Court
Guildford Road
Chobham
Woking
Surrey
GU24 8EB





REGISTERED NUMBER: 08957010 (England and Wales)





ACCOUNTANTS: THB LLP
1 & 2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB

TWO AND TWO TRADING LIMITED (REGISTERED NUMBER: 08957010)

Balance Sheet
31 March 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,087 10,941

CURRENT ASSETS
Debtors 5 80,439 88,794
Cash at bank 61,309 39,565
141,748 128,359
CREDITORS
Amounts falling due within one year 6 34,876 31,928
NET CURRENT ASSETS 106,872 96,431
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,959

107,372

CREDITORS
Amounts falling due after more than one
year

7

17,301

24,071
NET ASSETS 96,658 83,301

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 96,657 83,300
SHAREHOLDERS' FUNDS 96,658 83,301

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

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

The director acknowledges his 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.

TWO AND TWO TRADING LIMITED (REGISTERED NUMBER: 08957010)

Balance Sheet - continued
31 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 November 2023 and were signed by:





Mr J Coughlin - Director


TWO AND TWO TRADING LIMITED (REGISTERED NUMBER: 08957010)

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

1. STATUTORY INFORMATION

Two and Two Trading 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Current 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 balance sheet date.

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 1 (2022 - 1 ) .

TWO AND TWO TRADING LIMITED (REGISTERED NUMBER: 08957010)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 4,137 8,813 10,870 23,820
Additions - - 1,841 1,841
At 31 March 2023 4,137 8,813 12,711 25,661
DEPRECIATION
At 1 April 2022 3,585 3,855 5,439 12,879
Charge for year 138 1,240 4,317 5,695
At 31 March 2023 3,723 5,095 9,756 18,574
NET BOOK VALUE
At 31 March 2023 414 3,718 2,955 7,087
At 31 March 2022 552 4,958 5,431 10,941

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors - 4,746
Other debtors 80,439 84,048
80,439 88,794

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans and overdrafts 7,397 8,024
Trade creditors 1 529
Taxation and social security 26,205 22,139
Other creditors 1,273 1,236
34,876 31,928

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/23 31/3/22
£    £   
Bank loans 17,301 24,071

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/23 31/3/22
value: £    £   
1 Ordinary £1 1 1

TWO AND TWO TRADING LIMITED (REGISTERED NUMBER: 08957010)

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

9. RESERVES
Retained
earnings
£   

At 1 April 2022 83,300
Profit for the year 108,122
Dividends (94,765 )
At 31 March 2023 96,657