TWYSOFT LIMITED

Company Registration Number:
03361129 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

TWYSOFT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

TWYSOFT LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Andrew Thomas Twigger
Registered office: 18
Yewhurst Close
Twyford
Reading
Berkshire
RG10 9PW
Company Registration Number: 03361129 (England and Wales)

TWYSOFT LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Computer software development.

Political and charitable donations

The company's charitable donations during the period amounted to £8,000. No political donations were made

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Andrew Thomas Twigger

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: Andrew Thomas Twigger
Status: Director

TWYSOFT LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 16,918 0
Gross Profit or (Loss) 16,918 0
Administrative Expenses ( 17,303 ) ( 3,244 )
Operating Profit or (Loss) ( 385 ) ( 3,244 )
Interest Receivable and Similar Income 3,079 607
Profit or (Loss) Before Tax 2,694 ( 2,637 )
Tax on Profit ( 11 ) ( 0 )
Profit or (Loss) for Period 2,683 ( 2,637 )

The notes form part of these financial statements

TWYSOFT LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 166,558 279,348
Total current assets: 166,558 279,348
Creditors: amounts falling due within one year: 5 ( 78,601 ) ( 124,074 )
Net current assets (liabilities): 87,957 155,274
Total assets less current liabilities: 87,957 155,274
Total net assets (liabilities): 87,957 155,274

The notes form part of these financial statements

TWYSOFT LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 85,957 153,274
Shareholders funds: 87,957 155,274

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: Andrew Thomas Twigger
Status: Director

The notes form part of these financial statements

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents the revenue earned during the period, exclusive of VAT.

    Tangible fixed assets depreciation policy

    All assets are fully depreciated at the time of purchase. The company's only assets are in computer equipment where the residual value is considered to be fully depreciated at the point of purchase.

    Intangible fixed assets amortisation policy

    All assets are fully depreciated at the time of purchase. The company does not hold any intangible fixed assets.

    Valuation information and policy

    The costs of software development are written off to the profit and loss account in the period in which they are incurred. The company is not engaged in long term contracts and does not operate a work in progress accrual system.

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Dividends


2023
£

2022
£
Dividends paid 30,000 30,000

TWYSOFT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 78,500 124,000
Taxation and social security 101 74
Total 78,601 124,074