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Company Registration No. 12447418 (England and Wales)
TWENTYTWENTY STREET LTD Unaudited accounts for the year ended 31 August 2023
TWENTYTWENTY STREET LTD Unaudited accounts Contents
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TWENTYTWENTY STREET LTD Company Information for the year ended 31 August 2023
Director
STEEL, Kim Marie
Company Number
12447418 (England and Wales)
Registered Office
C/O THANDI NICHOLLS LTD CREATIVE INDUSTR GLAISHER DRIVE WOLVERHAMPTON WV10 9TG UNITED KINGDOM
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TWENTYTWENTY STREET LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
190,000 
190,000 
Current assets
Debtors
167 
167 
Cash at bank and in hand
259 
28,160 
426 
28,327 
Creditors: amounts falling due within one year
(2,492)
(24,807)
Net current (liabilities)/assets
(2,066)
3,520 
Total assets less current liabilities
187,934 
193,520 
Creditors: amounts falling due after more than one year
(144,994)
(144,994)
Provisions for liabilities
Deferred tax
(9,322)
(9,322)
Net assets
33,618 
39,204 
Capital and reserves
Called up share capital
4 
4 
Revaluation reserve
52,783 
52,783 
Profit and loss account
(19,169)
(13,583)
Shareholders' funds
33,618 
39,204 
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 3 October 2024 and were signed on its behalf by
STEEL, Kim Marie Director Company Registration No. 12447418
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TWENTYTWENTY STREET LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
TWENTYTWENTY STREET LTD is a private company, limited by shares, registered in England and Wales, registration number 12447418. The registered office is C/O THANDI NICHOLLS LTD CREATIVE INDUSTR, GLAISHER DRIVE, WOLVERHAMPTON, WV10 9TG, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2023 
£ 
Fair value at 1 September 2022
190,000 
At 31 August 2023
190,000 
Property is held at fair value according to director valuation
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
167 
167 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
1,992 
24,117 
Accruals
500 
690 
2,492 
24,807 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
144,994 
144,994 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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