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REGISTERED NUMBER: 04568441 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

TWA Warehousing & Distribution Limited

TWA Warehousing & Distribution Limited (Registered number: 04568441)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TWA Warehousing & Distribution Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: T W Ashton
Mrs M Ashton





SECRETARIES: T W Ashton
T W Ashton





REGISTERED OFFICE: Bromborough Point
Old Hall Road
Bromborough
Wirral
CH62 3NX





REGISTERED NUMBER: 04568441 (England and Wales)





ACCOUNTANTS: Triton Accountancy Services Ltd
Suite 7 Lesscent House
405 Wigan Rd
Ashton in Makerfield
Wigan
WN4 0AR

TWA Warehousing & Distribution Limited (Registered number: 04568441)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 115,651 119,738

CURRENT ASSETS
Debtors 5 530,748 706,514
Cash at bank and in hand 152,429 294,527
683,177 1,001,041
CREDITORS
Amounts falling due within one year 6 383,386 585,210
NET CURRENT ASSETS 299,791 415,831
TOTAL ASSETS LESS CURRENT
LIABILITIES

415,442

535,569

PROVISIONS FOR LIABILITIES 8 28,913 -
NET ASSETS 386,529 535,569

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 386,527 535,567
SHAREHOLDERS' FUNDS 386,529 535,569

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 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.

TWA Warehousing & Distribution Limited (Registered number: 04568441)

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 Board of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by:





T W Ashton - Director


TWA Warehousing & Distribution Limited (Registered number: 04568441)

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

1. STATUTORY INFORMATION

TWA Warehousing & Distribution 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on cost and 5% on reducing balance
Computer equipment - 15% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 32 (2022 - 32 ) .

TWA Warehousing & Distribution Limited (Registered number: 04568441)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 71,917 25,173 63,000 22,899 182,989
Additions - 3,161 14,700 1,643 19,504
At 31 December 2023 71,917 28,334 77,700 24,542 202,493
DEPRECIATION
At 1 January 2023 19,717 16,343 11,764 15,427 63,251
Charge for year 5,220 2,398 14,724 1,249 23,591
At 31 December 2023 24,937 18,741 26,488 16,676 86,842
NET BOOK VALUE
At 31 December 2023 46,980 9,593 51,212 7,866 115,651
At 31 December 2022 52,200 8,830 51,236 7,472 119,738

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 379,506 616,378
Amounts owed by group undertakings 53,031 10,900
Other debtors 703 5,961
Accruals 2,705 4,377
Prepayments 94,803 68,898
530,748 706,514

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 9,672 -
Trade creditors 243,807 184,155
Amounts owed to group undertakings - 90,860
Tax 1,469 69,922
Social security and other taxes 20,808 25,371
VAT 55,656 71,844
Other creditors 40,471 57,101
Directors' current accounts - 59,233
Accruals and deferred income 500 -
Accrued expenses 11,003 26,724
383,386 585,210

TWA Warehousing & Distribution Limited (Registered number: 04568441)

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

7. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Hire purchase contracts 9,672 -

8. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax
Accelerated capital allowances 28,913 -

Deferred
tax
£   
Provided during year 28,913
Balance at 31 December 2023 28,913