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REGISTERED NUMBER: 08748520 (England and Wales)















TW24 Holdings Limited

Unaudited Financial Statements for the Year Ended 31 December 2023






TW24 Holdings Limited (Registered number: 08748520)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 6


TW24 Holdings Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: T A Wright





REGISTERED OFFICE: Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD





REGISTERED NUMBER: 08748520 (England and Wales)





ACCOUNTANTS: Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
TW24 Holdings Limited

The following reproduces the text of the report prepared for the director 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 Director 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 TW24 Holdings Limited for the year ended 31 December 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of TW24 Holdings Limited in accordance with the terms of our engagement letter dated 16 July 2021. Our work has been undertaken solely to prepare for your approval the financial statements of TW24 Holdings Limited and state those matters that we have agreed to state to the director of TW24 Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TW24 Holdings Limited and its director for our work or for this report.

It is your duty to ensure that TW24 Holdings 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 TW24 Holdings Limited. You consider that TW24 Holdings 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 TW24 Holdings 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.






Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD


1 August 2024

TW24 Holdings Limited (Registered number: 08748520)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 46,665 42,457
Investment property 5 792,000 600,000
838,665 642,457

CURRENT ASSETS
Debtors 6 39,079 58,630
Cash at bank 136,440 228,301
175,519 286,931
CREDITORS
Amounts falling due within one year 7 80,977 46,491
NET CURRENT ASSETS 94,542 240,440
TOTAL ASSETS LESS CURRENT
LIABILITIES

933,207

882,897

PROVISIONS FOR LIABILITIES 24,454 -
NET ASSETS 908,753 882,897

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 8 97,814 99,659
Retained earnings 810,929 783,228
SHAREHOLDERS' FUNDS 908,753 882,897

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.

TW24 Holdings Limited (Registered number: 08748520)

Balance Sheet - continued
31 December 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 director and authorised for issue on 1 August 2024 and were signed by:





T A Wright - Director


TW24 Holdings Limited (Registered number: 08748520)

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

1. STATUTORY INFORMATION

TW24 Holdings 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 42,457
Revaluations 4,208
At 31 December 2023 46,665
NET BOOK VALUE
At 31 December 2023 46,665
At 31 December 2022 42,457

The investment has not been revalued professionally; a reasonable estimate has been provided by the director

TW24 Holdings Limited (Registered number: 08748520)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 600,000
Additions 198,052
Revaluations (6,052 )
At 31 December 2023 792,000
NET BOOK VALUE
At 31 December 2023 792,000
At 31 December 2022 600,000

The investment property has not been revalued professionally; a reasonable estimate has been provided by the director

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 792
Amounts owed by participating interests 36,555 56,555
Other debtors 435 1,283
VAT 73 -
Prepayments and accrued income 2,016 -
39,079 58,630

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 3,882 -
VAT - 396
Directors' current accounts 76,180 45,180
Accruals and deferred income 915 915
80,977 46,491

8. RESERVES
Revaluation
reserve
£   
At 1 January 2023 99,659
Revaluation (1,845 )

At 31 December 2023 97,814

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T A Wright.