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REGISTERED NUMBER: 09294161 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

TWOSHOES LIMITED

TWOSHOES LIMITED (REGISTERED NUMBER: 09294161)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Report of the Director 2

Report of the Accountants 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 6


TWOSHOES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr H B Harrison





REGISTERED OFFICE: Bank House
81 St Judes Road
Englefield Green
Surrey
TW20 0DF





REGISTERED NUMBER: 09294161 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough Hosue
298 Regents Park Road
London
N3 2SZ

TWOSHOES LIMITED (REGISTERED NUMBER: 09294161)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 31 DECEMBER 2023

The director presents his report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of property management and rental.

DIRECTOR
Mr H B Harrison held office during the whole of the period from 1 January 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr H B Harrison - Director


29 July 2024

TWOSHOES LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
TWOSHOES LIMITED


In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.

You have acknowledged on the balance sheet as at period ended 31 December 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.






Fusion Accountancy Limited
Marlborough Hosue
298 Regents Park Road
London
N3 2SZ


29 July 2024

TWOSHOES LIMITED (REGISTERED NUMBER: 09294161)

INCOME STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023

31.12.23 31.12.22
£    £   

TURNOVER - -

Administrative expenses 18,807 18,193
(18,807 ) (18,193 )

Other operating income - 14
OPERATING LOSS (18,807 ) (18,179 )

Interest receivable and similar income 9 9
LOSS BEFORE TAXATION (18,798 ) (18,170 )

Tax on loss - -
LOSS FOR THE FINANCIAL YEAR (18,798 ) (18,170 )

TWOSHOES LIMITED (REGISTERED NUMBER: 09294161)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 207,000 207,000

CURRENT ASSETS
Cash at bank 92,322 92,315

CREDITORS
Amounts falling due within one year 5 347,542 328,737
NET CURRENT LIABILITIES (255,220 ) (236,422 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(48,220

)

(29,422

)

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 7 (48,221 ) (29,423 )
SHAREHOLDERS' FUNDS (48,220 ) (29,422 )

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

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

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 29 July 2024 and were signed by:





Mr H B Harrison - Director


TWOSHOES LIMITED (REGISTERED NUMBER: 09294161)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Twoshoes 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.

Investment property
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

Going concern disclosure
The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 207,000
NET BOOK VALUE
At 31 December 2023 207,000
At 31 December 2022 207,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2017 804
Cost 206,196
207,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 3,096 4,415
Director's current account 342,886 322,762
Accruals and deferred income 1,560 1,560
347,542 328,737

TWOSHOES LIMITED (REGISTERED NUMBER: 09294161)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1 Ordinary £1 £1 1 1

7. RESERVES
Retained
earnings
£   

At 1 January 2023 (29,423 )
Deficit for the year (18,798 )
At 31 December 2023 (48,221 )

8. RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due after more than one year, is an amount of £342,886 (2022 £322,762) due to H B Harrison, the company director. This loan is repayable on demand, non interest bearing and long term in nature.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr H B Harrison.

10. TAXATION

The company has carried forward losses of £57,429 (2022 £38,631) which it can use against future taxable profit.