Silverfin false false 30/04/2024 01/05/2023 30/04/2024 Anthony Charles Bale 22/11/2006 Hugh Mcateer 22/11/2006 08 November 2024 The principle activity of the Company during the financial year was painting. 06006910 2024-04-30 06006910 bus:Director1 2024-04-30 06006910 bus:Director2 2024-04-30 06006910 core:CurrentFinancialInstruments 2024-04-30 06006910 core:CurrentFinancialInstruments 2023-04-30 06006910 2023-04-30 06006910 core:Non-currentFinancialInstruments 2024-04-30 06006910 core:Non-currentFinancialInstruments 2023-04-30 06006910 core:ShareCapital 2024-04-30 06006910 core:ShareCapital 2023-04-30 06006910 core:RetainedEarningsAccumulatedLosses 2024-04-30 06006910 core:RetainedEarningsAccumulatedLosses 2023-04-30 06006910 bus:OrdinaryShareClass1 2024-04-30 06006910 bus:OrdinaryShareClass2 2024-04-30 06006910 2023-05-01 2024-04-30 06006910 bus:FilletedAccounts 2023-05-01 2024-04-30 06006910 bus:SmallEntities 2023-05-01 2024-04-30 06006910 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 06006910 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06006910 bus:Director1 2023-05-01 2024-04-30 06006910 bus:Director2 2023-05-01 2024-04-30 06006910 2022-05-01 2023-04-30 06006910 core:Non-currentFinancialInstruments 2023-05-01 2024-04-30 06006910 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 06006910 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 06006910 bus:OrdinaryShareClass2 2023-05-01 2024-04-30 06006910 bus:OrdinaryShareClass2 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06006910 (England and Wales)

TWENTY20 DECOR LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2024
Pages for filing with the registrar

TWENTY20 DECOR LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

TWENTY20 DECOR LIMITED

BALANCE SHEET

As at 30 April 2024
TWENTY20 DECOR LIMITED

BALANCE SHEET (continued)

As at 30 April 2024
Note 2024 2023
£ £
Current assets
Debtors 4 239,859 287,747
Cash at bank and in hand 10,603 12,846
250,462 300,593
Creditors: amounts falling due within one year 5 ( 219,061) ( 223,200)
Net current assets 31,401 77,393
Total assets less current liabilities 31,401 77,393
Creditors: amounts falling due after more than one year 6 ( 28,075) ( 29,542)
Net assets 3,326 47,851
Capital and reserves
Called-up share capital 7 85 85
Profit and loss account 3,241 47,766
Total shareholders' funds 3,326 47,851

For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Twenty20 Decor Limited (registered number: 06006910) were approved and authorised for issue by the Board of Directors on 08 November 2024. They were signed on its behalf by:

Hugh Mcateer
Director
TWENTY20 DECOR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
TWENTY20 DECOR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Twenty20 Decor Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Nexus House, 2 Cray Road, Sidcup, DA14 5DA, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 5 5

4. Debtors

2024 2023
£ £
Trade debtors 228,816 174,781
Other debtors 11,043 112,966
239,859 287,747

5. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 0 10,533
Trade creditors 87,915 48,159
Taxation and social security 125,855 141,108
Other creditors 5,291 23,400
219,061 223,200

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 28,075 29,542

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
35 Ordinary A shares of £ 1.00 each 35 35
50 Ordinary B shares of £ 1.00 each 50 50
85 85

8. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
H McAteer 519 (3,231)