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REGISTERED NUMBER: 09766358 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Twenty4 Holdings Ltd

Twenty4 Holdings Ltd (Registered number: 09766358)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Twenty4 Holdings Ltd

Company Information
for the Year Ended 31 July 2024







Director: S Oroumchi





Registered office: 87a High Street
The Old Town
Hemel Hempstead
Hertfordshire
HP1 3AH





Registered number: 09766358 (England and Wales)





Accountants: Pinkham Blair
Chartered Accountants
87a High Street
The Old Town
Hemel Hempstead
Hertfordshire
HP1 3AH

Twenty4 Holdings Ltd (Registered number: 09766358)

Balance Sheet
31 July 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 229,609 233,438

Current assets
Stocks 7,500 7,500
Debtors 5 1,885 1,916
Cash at bank 44,025 33,235
53,410 42,651
Creditors
Amounts falling due within one year 6 21,661 23,548
Net current assets 31,749 19,103
Total assets less current liabilities 261,358 252,541

Creditors
Amounts falling due after more than
one year

7

132,514

141,038
Net assets 128,844 111,503

Capital and reserves
Called up share capital 8 100 100
Retained earnings 128,744 111,403
Shareholders' funds 128,844 111,503

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Twenty4 Holdings Ltd (Registered number: 09766358)

Balance Sheet - continued
31 July 2024


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 director and authorised for issue on 4 October 2024 and were signed by:





S Oroumchi - Director


Twenty4 Holdings Ltd (Registered number: 09766358)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. Statutory information

Twenty4 Holdings Ltd 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.
Long leasehold - over the unexpired term of the lease
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

Twenty4 Holdings Ltd (Registered number: 09766358)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. Accounting policies - continued

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 6 (2023 - 5 ) .

4. Tangible fixed assets
Fixtures
Long Plant and and
leasehold machinery fittings Totals
£ £ £ £
Cost
At 1 August 2023
and 31 July 2024 259,928 2,785 3,090 265,803
Depreciation
At 1 August 2023 26,886 2,389 3,090 32,365
Charge for year 3,631 198 - 3,829
At 31 July 2024 30,517 2,587 3,090 36,194
Net book value
At 31 July 2024 229,411 198 - 229,609
At 31 July 2023 233,042 396 - 233,438

5. Debtors: amounts falling due within one year
2024 2023
£ £
Other debtors 1,885 1,916

6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 9,437 9,437
Trade creditors 390 650
Taxation and social security 8,761 10,001
Other creditors 3,073 3,460
21,661 23,548

7. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans 132,514 141,038

Twenty4 Holdings Ltd (Registered number: 09766358)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. Creditors: amounts falling due after more than one year - continued
2024 2023
£ £
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 117,204 119,728

8. Called up share capital

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100