IRIS Accounts Production v24.2.0.383 11222143 Board of Directors 1.7.23 31.12.23 31.12.23 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112221432023-06-30112221432023-12-31112221432023-07-012023-12-31112221432022-06-30112221432022-07-012023-06-30112221432023-06-3011222143ns15:EnglandWales2023-07-012023-12-3111222143ns14:PoundSterling2023-07-012023-12-3111222143ns10:Director12023-07-012023-12-3111222143ns10:PrivateLimitedCompanyLtd2023-07-012023-12-3111222143ns10:SmallEntities2023-07-012023-12-3111222143ns10:AuditExemptWithAccountantsReport2023-07-012023-12-3111222143ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012023-12-3111222143ns10:SmallCompaniesRegimeForAccounts2023-07-012023-12-3111222143ns10:FullAccounts2023-07-012023-12-3111222143ns10:OrdinaryShareClass12023-07-012023-12-3111222143ns10:OrdinaryShareClass22023-07-012023-12-3111222143ns10:Director22023-07-012023-12-3111222143ns10:RegisteredOffice2023-07-012023-12-3111222143ns5:CurrentFinancialInstruments2023-12-3111222143ns5:CurrentFinancialInstruments2023-06-3011222143ns5:Non-currentFinancialInstruments2023-12-3111222143ns5:Non-currentFinancialInstruments2023-06-3011222143ns5:ShareCapital2023-12-3111222143ns5:ShareCapital2023-06-3011222143ns5:RetainedEarningsAccumulatedLosses2023-12-3111222143ns5:RetainedEarningsAccumulatedLosses2023-06-3011222143ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3111222143ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3011222143ns10:OrdinaryShareClass12023-12-3111222143ns10:OrdinaryShareClass22023-12-31
REGISTERED NUMBER: 11222143 (England and Wales)

























Unaudited Financial Statements

for the Period 1 July 2023 to 31 December 2023

for

Twenty Thirty Investments Limited

Twenty Thirty Investments Limited (Registered number: 11222143)






Contents of the Financial Statements
for the period 1 July 2023 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Twenty Thirty Investments Limited

Company Information
for the period 1 July 2023 to 31 December 2023







DIRECTORS: L Darlington
M Darlington





REGISTERED OFFICE: Greenfields
Chester Road
Sutton Weaver
Runcorn
Cheshire
WA7 3EG





REGISTERED NUMBER: 11222143 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Twenty Thirty Investments Limited (Registered number: 11222143)

Balance Sheet
31 December 2023

2023 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 8,200,000 7,947,683

CURRENT ASSETS
Debtors 5 74,970 118,699
Cash at bank and in hand 26,155 3,134
101,125 121,833
CREDITORS
Amounts falling due within one year 6 373,565 458,905
NET CURRENT LIABILITIES (272,440 ) (337,072 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,927,560

7,610,611

CREDITORS
Amounts falling due after more than one year 7 (6,483,483 ) (6,267,235 )

PROVISIONS FOR LIABILITIES (413,310 ) (350,231 )
NET ASSETS 1,030,767 993,145

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 1,030,765 993,143
SHAREHOLDERS' FUNDS 1,030,767 993,145

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by:





L Darlington - Director


Twenty Thirty Investments Limited (Registered number: 11222143)

Notes to the Financial Statements
for the period 1 July 2023 to 31 December 2023

1. STATUTORY INFORMATION

Twenty Thirty Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Taxation
Taxation for the period 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 period 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.

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.

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - NIL ) .

Twenty Thirty Investments Limited (Registered number: 11222143)

Notes to the Financial Statements - continued
for the period 1 July 2023 to 31 December 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 7,947,683
Revaluations 252,317
At 31 December 2023 8,200,000
NET BOOK VALUE
At 31 December 2023 8,200,000
At 30 June 2023 7,947,683

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2020 32,253
Valuation in 2021 164,038
Valuation in 2022 700,000
Valuation in 2023 504,633
Valuation in 2023 252,317
Cost 6,546,759
8,200,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors 8,540 -
Other debtors 66,430 118,699
74,970 118,699

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Bank loans and overdrafts 44,171 64,023
Trade creditors 14,149 576
Taxation and social security 19,545 18,692
Other creditors 295,700 375,614
373,565 458,905

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2023
£    £   
Bank loans 5,312,931 4,650,208
Other creditors 1,170,552 1,617,027
6,483,483 6,267,235

Twenty Thirty Investments Limited (Registered number: 11222143)

Notes to the Financial Statements - continued
for the period 1 July 2023 to 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2023
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs 3,596,822 1,503,685

Repayable by instalments
Bank loans more 5 yr by
instalments 1,525,861 1,536,078
1,525,861 1,536,078

8. SECURED DEBTS

Bank loans of £5,330,941 are secured on the properties to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2023
value: £    £   
1 Ordinary A 1 1 1
1 Ordinary B 1 1 1
2 2

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the reporting date the company owed the Directors £142,664 (30 June 2023: £540,613) which is repayable on demand and attracts interest at 10%.

M Darlington and L Darlington, the directors of the company, have provided personal guarantees to the value of £1,953,671.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Twenty Thirty Investments Limited

The following reproduces the text of the report prepared for the directors 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 Directors 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 Twenty Thirty Investments Limited for the period ended 31 December 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 Board of Directors of Twenty Thirty Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Twenty Thirty Investments Limited and state those matters that we have agreed to state to the Board of Directors of Twenty Thirty Investments Limited, as a body, 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 Twenty Thirty Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Twenty Thirty Investments 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 Twenty Thirty Investments Limited. You consider that Twenty Thirty Investments Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Twenty Thirty Investments 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.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


Date: .............................................