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REGISTERED NUMBER: 12651294 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Twigmoor Estates Limited

Twigmoor Estates Limited (Registered number: 12651294)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Twigmoor Estates Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: R Cooper
Mrs K Cooper





REGISTERED OFFICE: Twigmoor Cottage
Haw Bridge
Tirley
Gloucester
Gloucestershire
GL19 4HJ





REGISTERED NUMBER: 12651294 (England and Wales)





ACCOUNTANTS: ADM Accountancy Services Ltd
Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX

Twigmoor Estates Limited (Registered number: 12651294)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,048 1,294
Investment property 5 290,000 270,000
291,048 271,294

CURRENT ASSETS
Debtors 6 533 361
Cash at bank 5,351 2,218
5,884 2,579
CREDITORS
Amounts falling due within one year 7 93,791 92,500
NET CURRENT LIABILITIES (87,907 ) (89,921 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

203,141

181,373

CREDITORS
Amounts falling due after more than one
year

8

(152,640

)

(152,640

)

PROVISIONS FOR LIABILITIES (14,420 ) (10,620 )
NET ASSETS 36,081 18,113

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 9 61,476 45,276
Retained earnings (25,397 ) (27,165 )
36,081 18,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Twigmoor Estates Limited (Registered number: 12651294)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 9 March 2024 and were signed on its behalf by:





Mrs K Cooper - Director


Twigmoor Estates Limited (Registered number: 12651294)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Twigmoor Estates 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.

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 as modified by the revaluation of certain assets.

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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Twigmoor Estates Limited (Registered number: 12651294)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 1,478
DEPRECIATION
At 1 July 2022 184
Charge for year 246
At 30 June 2023 430
NET BOOK VALUE
At 30 June 2023 1,048
At 30 June 2022 1,294

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022 270,000
Revaluations 20,000
At 30 June 2023 290,000
NET BOOK VALUE
At 30 June 2023 290,000
At 30 June 2022 270,000

Fair value at 30 June 2023 is represented by:
£   
Valuation in 2021 214,104
Valuation in 2022 55,896
Valuation in 2023 20,000
290,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 533 361

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 29 (1 )
Other creditors 93,762 92,501
93,791 92,500

Twigmoor Estates Limited (Registered number: 12651294)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 152,640 152,640

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 152,640 152,640

9. RESERVES
Revaluation
reserve
£   
At 1 July 2022 45,276
Property Revaluation 16,200

At 30 June 2023 61,476

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Twigmoor Estates Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Twigmoor Estates Limited for the year ended 30 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the Board of Directors of Twigmoor Estates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Twigmoor Estates Limited and state those matters that we have agreed to state to the Board of Directors of Twigmoor Estates Limited, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Twigmoor Estates Limited 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 profit of Twigmoor Estates Limited. You consider that Twigmoor Estates Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Twigmoor Estates Limited. 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.






ADM Accountancy Services Ltd
Homelands Commercial Centre
Vale Road
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 8PX


Date: .............................................