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REGISTERED NUMBER: 14364955 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

T2 GROWTH PARTNERS LIMITED

T2 GROWTH PARTNERS LIMITED (REGISTERED NUMBER: 14364955)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T2 GROWTH PARTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: M A Taylor





SECRETARY:





REGISTERED OFFICE: Kings Park House c/o Cortex Software
22 Kings Park Road
Southampton
Hampshire
SO15 2AT





REGISTERED NUMBER: 14364955 (England and Wales)





ACCOUNTANTS: Tayler Bradshaw
Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX

T2 GROWTH PARTNERS LIMITED (REGISTERED NUMBER: 14364955)

BALANCE SHEET
30 SEPTEMBER 2024

30/9/24 30/9/23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,764,959 1,124,959

CURRENT ASSETS
Debtors 5 1,692 2,151
Investments 6 186,038 172,307
Cash at bank 30,435 324,365
218,165 498,823
CREDITORS
Amounts falling due within one year 7 120 646
NET CURRENT ASSETS 218,045 498,177
TOTAL ASSETS LESS CURRENT LIABILITIES 1,983,004 1,623,136

CREDITORS
Amounts falling due after more than one
year

8

(1,928,407

)

(1,608,365

)

PROVISIONS FOR LIABILITIES (3,942 ) (510 )
NET ASSETS 50,655 14,261

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 9 15,769 2,038
Retained earnings 34,884 12,221
SHAREHOLDERS' FUNDS 50,655 14,261

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

T2 GROWTH PARTNERS LIMITED (REGISTERED NUMBER: 14364955)

BALANCE SHEET - continued
30 SEPTEMBER 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 12 November 2024 and were signed by:





M A Taylor - Director


T2 GROWTH PARTNERS LIMITED (REGISTERED NUMBER: 14364955)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

T2 Growth Partners Limited 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023 1,124,959
Additions 640,000
At 30 September 2024 1,764,959
NET BOOK VALUE
At 30 September 2024 1,764,959
At 30 September 2023 1,124,959

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Other debtors 1,692 2,151

T2 GROWTH PARTNERS LIMITED (REGISTERED NUMBER: 14364955)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. CURRENT ASSET INVESTMENTS
30/9/24 30/9/23
£    £   
Marketable securities 186,038 172,307

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Taxation and social security 120 196
Other creditors - 450
120 646

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/9/24 30/9/23
£    £   
Other creditors 1,928,407 1,608,365

9. RESERVES
Fair
value
reserve
£   
At 1 October 2023 2,038
Bonus share issue 13,731

At 30 September 2024 15,769

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 September 2024 and the period ended 30 September 2023:

30/9/24 30/9/23
£    £   
M A Taylor
Balance outstanding at start of year 616,255 -
Amounts advanced 41 616,255
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 616,296 616,255