1 March 2022 false No description of principal activity Taxfiler 2023.10 12455721business:PrivateLimitedCompanyLtd2022-03-012023-02-28 124557212022-02-28 124557212022-03-012023-02-28 12455721business:AuditExemptWithAccountantsReport2022-03-012023-02-28 12455721business:FilletedAccounts2022-03-012023-02-28 124557212023-02-28 12455721business:Director12022-03-012023-02-28 12455721business:RegisteredOffice2022-03-012023-02-28 124557212022-02-28 12455721core:WithinOneYear2023-02-28 12455721core:WithinOneYear2022-02-28 12455721core:AfterOneYear2023-02-28 12455721core:AfterOneYear2022-02-28 12455721core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 12455721core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 12455721core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 12455721core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 12455721core:PreviouslyStatedAmount2023-02-28 12455721core:PreviouslyStatedAmount2022-02-28 12455721business:SmallEntities2022-03-012023-02-28 12455721countries:EnglandWales2022-03-012023-02-28 12455721core:FurnitureFittings2022-03-012023-02-28 12455721core:ComputerEquipment2022-03-012023-02-28 12455721core:FurnitureFittings2022-02-28 12455721core:ComputerEquipment2022-02-28 12455721core:FurnitureFittings2023-02-28 12455721core:ComputerEquipment2023-02-28 12455721business:OrdinaryShareClass12022-03-012023-02-28 12455721business:OrdinaryShareClass12021-03-012022-02-28 124557212021-03-012022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12455721 (England and Wales)
TWICKENHAM PROPERTY INVESTMENTS LTD Unaudited accounts for the year ended 28 February 2023
TWICKENHAM PROPERTY INVESTMENTS LTD Unaudited accounts Contents
Page
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TWICKENHAM PROPERTY INVESTMENTS LTD Company Information for the year ended 28 February 2023
Director
Kamran Zafar Farooqui
Company Number
12455721 (England and Wales)
Registered Office
C/O UNIT 1.14, BARKING ENTERPRISE CENTRE 50 CAMBRIDGE ROAD BARKING IG11 8FG ENGLAND
Accountants
Cooper Harland Limited Unit 1.21, Barking Enterprise Centre 50 Cambridge Road Barking Essex IG11 8FG
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Accountants' report on the preparation of the unaudited statutory statements of TWICKENHAM PROPERTY INVESTMENTS LTD (The Company) for the year ended 28 February 2023
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 28 February 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 28 February 2023.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Cooper Harland Limited Financial Accountants Unit 1.21, Barking Enterprise Centre 50 Cambridge Road Barking Essex IG11 8FG 21 November 2023
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TWICKENHAM PROPERTY INVESTMENTS LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
266 
1,544 
Investment property
639,966 
639,966 
640,232 
641,510 
Current assets
Debtors
4,000 
- 
Cash at bank and in hand
1,255 
13,272 
5,255 
13,272 
Creditors: amounts falling due within one year
(283,871)
(277,222)
Net current liabilities
(278,616)
(263,950)
Total assets less current liabilities
361,616 
377,560 
Creditors: amounts falling due after more than one year
(421,751)
(421,751)
Net liabilities
(60,135)
(44,191)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(60,235)
(44,291)
Shareholders' funds
(60,135)
(44,191)
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 20 November 2023 and were signed on its behalf by
Kamran Zafar Farooqui Director Company Registration No. 12455721
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TWICKENHAM PROPERTY INVESTMENTS LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
TWICKENHAM PROPERTY INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 12455721. The registered office is C/O UNIT 1.14, BARKING ENTERPRISE CENTRE, 50 CAMBRIDGE ROAD, BARKING, IG11 8FG, ENGLAND.
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
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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25%
Computer equipment
33%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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TWICKENHAM PROPERTY INVESTMENTS LTD Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
950 
3,150 
4,100 
At 28 February 2023
950 
3,150 
4,100 
Depreciation
At 1 March 2022
476 
2,080 
2,556 
Charge for the year
238 
1,040 
1,278 
At 28 February 2023
714 
3,120 
3,834 
Net book value
At 28 February 2023
236 
30 
266 
At 28 February 2022
474 
1,070 
1,544 
5
Investment property
2023 
£ 
Fair value at 1 March 2022
639,966 
At 28 February 2023
639,966 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,000 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
3,150 
277,222 
Loans from directors
280,721 
- 
283,871 
277,222 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
421,751 
421,751 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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