1 March 2023 false No description of principal activity Taxfiler 2024.5 13938206business:PrivateLimitedCompanyLtd2023-03-012024-02-29 139382062023-02-28 139382062023-03-012024-02-29 13938206business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 13938206business:FilletedAccounts2023-03-012024-02-29 139382062024-02-29 13938206business:Director12023-03-012024-02-29 13938206business:Director22023-03-012024-02-29 13938206business:RegisteredOffice2023-03-012024-02-29 139382062023-02-28 13938206core:WithinOneYear2024-02-29 13938206core:WithinOneYear2023-02-28 13938206core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 13938206core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13938206core:PreviouslyStatedAmount2024-02-29 13938206core:PreviouslyStatedAmount2023-02-28 13938206business:SmallEntities2023-03-012024-02-29 13938206countries:EnglandWales2023-03-012024-02-29 13938206core:FurnitureFittings2023-03-012024-02-29 13938206core:ComputerEquipment2023-03-012024-02-29 13938206core:PlantMachinery2023-02-28 13938206core:ComputerEquipment2023-02-28 13938206core:PlantMachinery2023-03-012024-02-29 13938206core:PlantMachinery2024-02-29 13938206core:ComputerEquipment2024-02-29 139382062022-02-242023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13938206 (England and Wales)
Twist Design Ltd Unaudited accounts for the year ended 29 February 2024
Twist Design Ltd Unaudited accounts Contents
Page
- 2 -
Twist Design Ltd Company Information for the year ended 29 February 2024
Directors
James Storer Heather Storer
Company Number
13938206 (England and Wales)
Registered Office
34 Waltham Close Bournemouth United Kingdom BH7 6PF
Accountants
Hiclass Accounting Limited Suite 15 1 Ensbury Park Road Bournemouth Dorset BH9 2SQ
- 3 -
Twist Design Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,891 
3,948 
Current assets
Debtors
- 
929 
Cash at bank and in hand
36,965 
95,511 
36,965 
96,440 
Creditors: amounts falling due within one year
(8,626)
(59,203)
Net current assets
28,339 
37,237 
Net assets
36,230 
41,185 
Capital and reserves
Profit and loss account
36,230 
41,185 
Shareholders' funds
36,230 
41,185 
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by
Heather Storer Director Company Registration No. 13938206
- 4 -
Twist Design Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Twist Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 13938206. The registered office is 34 Waltham Close, Bournemouth, United Kingdom, BH7 6PF.
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.
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:
Fixtures & fittings
352.80
Computer equipment
4226.91
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
353 
4,227 
4,580 
Additions
5,019 
1,420 
6,439 
At 29 February 2024
5,372 
5,647 
11,019 
Depreciation
At 1 March 2023
- 
632 
632 
Charge for the year
740 
1,756 
2,496 
At 29 February 2024
740 
2,388 
3,128 
Net book value
At 29 February 2024
4,632 
3,259 
7,891 
At 28 February 2023
353 
3,595 
3,948 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
929 
- 5 -
Twist Design Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
762 
24,841 
Trade creditors
- 
963 
Taxes and social security
7,864 
29,921 
Other creditors
- 
3,478 
8,626 
59,203 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -