Company Registration No. 10905214 (England and Wales)
TWINSTAR GROUP LTD
Unaudited accounts
for the year ended 30 November 2023
TWINSTAR GROUP LTD
Unaudited accounts
Contents
TWINSTAR GROUP LTD
Company Information
for the year ended 30 November 2023
Directors
Viju Vezhapparamban Jose
Jisha Viju
Company Number
10905214 (England and Wales)
Registered Office
168 Fulbridge Road
Peterborough
United Kingdom
PE4 6SS
TWINSTAR GROUP LTD
Statement of financial position
as at 30 November 2023
Tangible assets
8,566
7,790
Cash at bank and in hand
3,978
8,258
Creditors: amounts falling due within one year
(7,624)
(10,058)
Net current (liabilities)/assets
(2,776)
2,183
Total assets less current liabilities
5,790
9,973
Creditors: amounts falling due after more than one year
(4,122)
(6,657)
Provisions for liabilities
Deferred tax
(1,535)
(1,362)
Called up share capital
4
4
Profit and loss account
129
1,950
Shareholders' funds
133
1,954
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 August 2024 and were signed on its behalf by
Viju Vezhapparamban Jose
Director
Company Registration No. 10905214
TWINSTAR GROUP LTD
Notes to the Accounts
for the year ended 30 November 2023
TWINSTAR GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 10905214. The registered office is 168 Fulbridge Road, Peterborough, United Kingdom, PE4 6SS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% WDV
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
6,340
2,837
9,177
At 30 November 2023
6,340
5,395
11,735
At 1 December 2022
535
852
1,387
Charge for the year
1,045
737
1,782
At 30 November 2023
1,580
1,589
3,169
At 30 November 2023
4,760
3,806
8,566
At 30 November 2022
5,805
1,985
7,790
Amounts falling due within one year
TWINSTAR GROUP LTD
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,530
2,462
Taxes and social security
4,614
7,116
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).