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REGISTERED NUMBER: 13702029 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 October 2023

for

The Textile Wall Company Ltd

The Textile Wall Company Ltd (Registered number: 13702029)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Textile Wall Company Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Ms H A Evans





REGISTERED OFFICE: Northfield House
Shurdington Road
Bentham
Cheltenham
Gloucestershire
GL51 4UA





BUSINESS ADDRESS: 46 Longlands Court
Portobello Road
Westbourne Grove
W11 2QE





REGISTERED NUMBER: 13702029 (England and Wales)





ACCOUNTANTS: ARC & Co. Accountants Limited
Northfield House
Shurdington Road
Bentham
Cheltenham
Gloucestershire
GL51 4UA

The Textile Wall Company Ltd (Registered number: 13702029)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,664 3,483

CURRENT ASSETS
Debtors 5 30,915 6,133
Cash at bank 2,195 27,215
33,110 33,348
CREDITORS
Amounts falling due within one year 6 35,461 31,289
NET CURRENT (LIABILITIES)/ASSETS (2,351 ) 2,059
TOTAL ASSETS LESS CURRENT
LIABILITIES

313

5,542

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 312 5,541
SHAREHOLDERS' FUNDS 313 5,542

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

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

The director acknowledges her 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.

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 19 April 2024 and were signed by:





Ms H A Evans - Director


The Textile Wall Company Ltd (Registered number: 13702029)

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

1. STATUTORY INFORMATION

The Textile Wall Company Ltd 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.

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 - 33% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

The Textile Wall Company Ltd (Registered number: 13702029)

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2022 1,075 4,027 5,102
Additions - 1,328 1,328
Disposals - (1,399 ) (1,399 )
At 31 October 2023 1,075 3,956 5,031
DEPRECIATION
At 1 November 2022 273 1,346 1,619
Charge for year 200 1,323 1,523
Eliminated on disposal - (775 ) (775 )
At 31 October 2023 473 1,894 2,367
NET BOOK VALUE
At 31 October 2023 602 2,062 2,664
At 31 October 2022 802 2,681 3,483

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 5,761 6,133
Directors' current accounts 25,154 -
30,915 6,133

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Corporation tax 12,722 15,145
Social security and other taxes 162 -
VAT 20,619 11,888
Company credit card 208 1,728
Directors' current accounts - 578
Accrued expenses 1,750 1,950
35,461 31,289

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
1 Ordinary £1 1 1

The Textile Wall Company Ltd (Registered number: 13702029)

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

8. RESERVES
Retained
earnings
£   

At 1 November 2022 5,541
Profit for the year 29,771
Dividends (35,000 )
At 31 October 2023 312

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 October 2023 and the period ended 31 October 2022:

31.10.23 31.10.22
£    £   
Ms H A Evans
Balance outstanding at start of year - -
Amounts advanced 25,154 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,154 -

Interest has been charged on the overdrawn amounts at the appropriate rates.

10. RELATED PARTY DISCLOSURES

During the year Ms H A Evans received dividends from the company of £35,000 (2022 - £64,000).

11. ULTIMATE CONTROLLING PARTY

Ms H A Evans is the ultimate controlling party by virtue of her holding all of the company's issued share capital.