24 February 2022 false No description of principal activity Taxfiler 2023.10 13938206business:PrivateLimitedCompanyLtd2022-02-242023-02-28 139382062022-02-23 139382062022-02-242023-02-28 13938206business:AuditExempt-NoAccountantsReport2022-02-242023-02-28 13938206business:FilletedAccounts2022-02-242023-02-28 139382062023-02-28 13938206business:Director12022-02-242023-02-28 13938206business:Director22022-02-242023-02-28 13938206business:RegisteredOffice2022-02-242023-02-28 13938206core:WithinOneYear2023-02-28 13938206core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13938206core:PreviouslyStatedAmount2023-02-28 13938206business:SmallEntities2022-02-242023-02-28 13938206countries:EnglandWales2022-02-242023-02-28 13938206core:FurnitureFittings2022-02-242023-02-28 13938206core:ComputerEquipment2022-02-242023-02-28 13938206core:PlantMachinery2022-02-23 13938206core:ComputerEquipment2022-02-23 13938206core:PlantMachinery2023-02-28 13938206core:ComputerEquipment2023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13938206 (England and Wales)
Twist Design Ltd Unaudited accounts for the period from 24 February 2022 to 28 February 2023
Twist Design Ltd Unaudited accounts Contents
Page
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Twist Design Ltd Company Information for the period from 24 February 2022 to 28 February 2023
Directors
James Storer Heather Storer
Company Number
13938206 (England and Wales)
Registered Office
34 Waltham Close Bournemouth United Kingdom BH7 6PF
Accountants
Hiclass Accounting Limited Suite 15 2 Lansdowne Crescent Bournemouth Dorset BH1 1SA
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Twist Design Ltd Statement of financial position as at 28 February 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
3,948 
Current assets
Debtors
929 
Cash at bank and in hand
95,511 
96,440 
Creditors: amounts falling due within one year
(59,203)
Net current assets
37,237 
Net assets
41,185 
Capital and reserves
Profit and loss account
41,185 
Shareholders' funds
41,185 
For the period 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 directors acknowledge their 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 of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by
Heather Storer Director Company Registration No. 13938206
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Twist Design Ltd Notes to the Accounts for the period from 24 February 2022 to 28 February 2023
1
Statutory information
Twist Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 13938206. The registered office is 34 Waltham Close, Bournemouth, United Kingdom, BH7 6PF.
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.
3
Accounting policies
These financial statements for the period from 24 February 2022 to 28 February 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 24 February 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
352.80
Computer equipment
4226.91
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 24 February 2022
353 
4,227 
4,580 
At 28 February 2023
353 
4,227 
4,580 
Depreciation
At 24 February 2022
- 
632 
632 
At 28 February 2023
- 
632 
632 
Net book value
At 28 February 2023
353 
3,595 
3,948 
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Twist Design Ltd Notes to the Accounts for the period from 24 February 2022 to 28 February 2023
5
Debtors
2023 
£ 
Amounts falling due within one year
Other debtors
929 
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
24,841 
Trade creditors
963 
Taxes and social security
29,921 
Other creditors
3,478 
59,203 
7
Average number of employees
During the period the average number of employees was 4.
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