Company Registration No. NI667758 (Northern Ireland)
Twosea Property Ltd
Unaudited accounts
for the year ended 28 February 2023
Twosea Property Ltd
Unaudited accounts
Contents
Twosea Property Ltd
Company Information
for the year ended 28 February 2023
Company Number
NI667758 (Northern Ireland)
Registered Office
4 Hillcroft
Dungannon
BT71 6SJ
Northern Ireland
Accountants
O'Meara Fitzmaurice & Co
Brimstage Hall
Brimstage Road
Wirral
CH63 6JA
Twosea Property Ltd
Statement of financial position
as at 28 February 2023
Investment property
95,000
95,000
Cash at bank and in hand
502
232
Creditors: amounts falling due within one year
(87,018)
(86,080)
Net current liabilities
(86,516)
(85,848)
Total assets less current liabilities
60,255
60,923
Creditors: amounts falling due after more than one year
(71,250)
(71,250)
Net liabilities
(10,995)
(10,327)
Called up share capital
1
1
Profit and loss account
(10,996)
(10,328)
Shareholders' funds
(10,995)
(10,327)
For the year ending 28 February 2023 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 23 November 2023 and were signed on its behalf by
M Mooney
Director
Company Registration No. NI667758
Twosea Property Ltd
Notes to the Accounts
for the year ended 28 February 2023
Twosea Property Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI667758. The registered office is 4 Hillcroft, Dungannon, BT71 6SJ, Northern Ireland.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 March 2022
95,000
At 28 February 2023
95,000
5
Investments
Other investments
Valuation at 1 March 2022
51,771
Valuation at 28 February 2023
51,771
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
87,018
86,080
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).