2023-08-01 2024-07-31 false No description of principal activity Capium Accounts Production 1.1 SC652421 bus:FullAccounts 2023-08-01 2024-07-31 SC652421 bus:Micro-entities 2023-08-01 2024-07-31 SC652421 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 SC652421 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 SC652421 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC652421 2023-08-01 2024-07-31 SC652421 2024-07-31 SC652421 bus:RegisteredOffice 2023-08-01 2024-07-31 SC652421 core:WithinOneYear 2024-07-31 SC652421 core:AfterOneYear 2024-07-31 SC652421 bus:Director1 2023-08-01 2024-07-31 SC652421 bus:Director1 2024-07-31 SC652421 bus:Director1 2022-08-01 2023-07-31 SC652421 bus:Director2 2023-08-01 2024-07-31 SC652421 bus:Director2 2024-07-31 SC652421 bus:Director2 2022-08-01 2023-07-31 SC652421 2022-08-01 SC652421 bus:LeadAgentIfApplicable 2023-08-01 2024-07-31 SC652421 2022-08-01 2023-07-31 SC652421 2023-07-31 SC652421 core:WithinOneYear 2023-07-31 SC652421 core:AfterOneYear 2023-07-31 SC652421 bus:EntityAccountantsOrAuditors 2022-08-01 2023-07-31 SC652421 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 SC652421 bus:OrdinaryShareClass1 2024-07-31 SC652421 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 SC652421 bus:OrdinaryShareClass1 2023-07-31 SC652421 core:CostValuation core:Non-currentFinancialInstruments 2024-07-31 SC652421 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 SC652421 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-07-31 SC652421 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 SC652421 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 SC652421 core:Non-currentFinancialInstruments 2024-07-31 SC652421 core:Non-currentFinancialInstruments 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: SC652421
Scotland

 

 

 

MODE TWENTY LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 August 2023

End date: 31 July 2024
Directors Jillian Yeats
John Yeats
Registered Number SC652421
Registered Office 4 Dunlin Court
Strathclyde Business Park
Bellshill
ML4 3NH
Accountants Libratum Accountancy Ltd
96-98 Forrest Street
Clarkston
Airdrie
Lanarkshire
ML6 7AG
1
  2024   2023
    £ £   £ £
Fixed assets   5      5 
Current assets 291,420      112,552   
Creditors: amount falling due within one year (11,210)     (501)  
Net current assets   280,210      112,051 
Total assets less current liabilities   280,215      112,056 
Net assets   280,215      112,056 
 

         
Capital and reserves   280,215      112,056 
 
NOTES TO THE ACCOUNTS

General Information
Mode Twenty Ltd is a private company, limited by shares, registered in Scotland, registration number SC652421, registration address 4 Dunlin Court, Strathclyde Business Park, Bellshill, ML4 3NH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).

3.

Director’s loan

John & Jillian Yeats

During the year to 31 July 2024 the accounts contain a directors loan due to directors.
This loan is unsecured, interest free and has no fixed repayment terms.




For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 24 September 2024 and were signed on its behalf by:


--------------------------------
John Yeats
Director
2