Company Registration No. 12640923 (England and Wales)
Twiggy Tags Ltd
Unaudited accounts
for the year ended 30 June 2024
Twiggy Tags Ltd
Unaudited accounts
Contents
Twiggy Tags Ltd
Company Information
for the year ended 30 June 2024
Directors
Lois Isabel Saunders
Richard Holliday
Company Number
12640923 (England and Wales)
Registered Office
1st Floor Unit 4
Thornbury Office Park
Midland Way, Thornbury
Bristol
BS35 2BS
United Kingdom
Accountants
Williams Martin Limited
1st Floor, Unit 4, Thornbury Office Park
Midland Way
Thornbury
Bristol
South Glos
BS35 2BS
Twiggy Tags Ltd
Statement of financial position
as at 30 June 2024
Intangible assets
22,208
17,456
Tangible assets
27,345
31,668
Cash at bank and in hand
25,815
6,434
Creditors: amounts falling due within one year
(179,371)
(180,158)
Net current liabilities
(42,282)
(59,373)
Total assets less current liabilities
7,271
(10,249)
Provisions for liabilities
Net assets/(liabilities)
5,428
(10,249)
Called up share capital
2
2
Profit and loss account
5,426
(10,251)
Shareholders' funds
5,428
(10,249)
For the year ending 30 June 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 18 November 2024 and were signed on its behalf by
Lois Isabel Saunders
Director
Company Registration No. 12640923
Twiggy Tags Ltd
Notes to the Accounts
for the year ended 30 June 2024
Twiggy Tags Ltd is a private company, limited by shares, registered in England and Wales, registration number 12640923. The registered office is 1st Floor Unit 4, Thornbury Office Park, Midland Way, Thornbury, Bristol, BS35 2BS, United Kingdom.
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 remained unchanged from the previous year, and also 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
25% on cost
4
Intangible fixed assets
Other
Charge for the year
10,160
Twiggy Tags Ltd
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Plant & machinery
Charge for the year
14,038
Amounts falling due within one year
Trade debtors
24,224
31,646
Deferred tax asset
-
2,358
Accrued income and prepayments
12,050
4,269
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
997
1,877
Other creditors
46,761
68,696
Loans from directors
109,549
99,642
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).