Company Registration No. 14522982 (England and Wales)
Twelve Percent Ltd
Statutory accounts
for the period from 5 December 2022 to 21 April 2024
Twelve Percent Ltd
Statutory accounts
Contents
Twelve Percent Ltd
Company Information
for the period from 5 December 2022 to 21 April 2024
Company Number
14522982 (England and Wales)
Registered Office
105 St. Stephens Road
Canterbury
CT2 7JT
England
Twelve Percent Ltd
Statement of financial position
as at 21 April 2024
Cash at bank and in hand
5,068
Creditors: amounts falling due within one year
(6,642)
Called up share capital
130,300
Profit and loss account
(55,460)
Shareholders' funds
74,840
For the period ending 21 April 2024 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 her 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 25 July 2024 and were signed on its behalf by
Catherine Parker
Director
Company Registration No. 14522982
Twelve Percent Ltd
Notes to the Accounts
for the period from 5 December 2022 to 21 April 2024
Twelve Percent Ltd is a private company, limited by shares, registered in England and Wales, registration number 14522982. The registered office is 105 St. Stephens Road, Canterbury, CT2 7JT, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
48,421
475
48,896
At 21 April 2024
48,421
475
48,896
Charge for the period
16,171
388
16,559
At 21 April 2024
16,171
388
16,559
At 21 April 2024
32,250
87
32,337
Amounts falling due within one year
Accrued income and prepayments
4,000
Amounts falling due after more than one year
Accrued income and prepayments
12,437
Twelve Percent Ltd
Notes to the Accounts
for the period from 5 December 2022 to 21 April 2024
6
Creditors: amounts falling due within one year
2024
7
Average number of employees
During the period the average number of employees was 3.