Registration number:
Twine and Barrel Limited
for the Year Ended 31 January 2024
Twine and Barrel Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
Twine and Barrel Limited
(Registration number: 11676337)
Balance Sheet as at 31 January 2024
2024 |
2023 |
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Fixed assets |
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Current assets |
- |
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Creditors: Amounts falling due within one year |
( |
( |
Net current liabilities |
( |
( |
Total assets less current liabilities |
( |
( |
Creditors: Amounts falling due after more than one year |
( |
( |
Accruals and deferred income |
( |
( |
( |
( |
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Capital and reserves |
( |
( |
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Twine and Barrel Limited
(Registration number: 11676337)
Balance Sheet as at 31 January 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
With the permanent closure of the business, the plant and machinery, and equipment have been subject to an impairment review to reduce them down to their realisible value.
Going Concern
The Company suspended trading on 4th January 2023, in order for the directors to review the financial position and the trading profitability of the business.
Following that review, it was identifed that the business was not viable due the increased operating costs (particularly in the areas of produce, energy, etc) and the reduced consumer spending; the directors decided to permantly close the business on 31st March 2023.
The directors have been taking the steps to dispose of available assets to generate funds to make payments to the suppliers and other creditors.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.