Company Registration No. 11817599 (England and Wales)
TWISTED TONIC LTD
Unaudited accounts
for the year ended 29 February 2024
TWISTED TONIC LTD
Unaudited accounts
Contents
TWISTED TONIC LTD
Company Information
for the year ended 29 February 2024
Company Number
11817599 (England and Wales)
Registered Office
71-75 SHELTON STREET
LONDON
GREATER LONDON
WC2H 9JQ
UNITED KINGDOM
Accountants
Lateral Accounting Ltd
2 Chestnut Road
Kingston Upon Thames
KT2 5AP
TWISTED TONIC LTD
Statement of financial position
as at 29 February 2024
Tangible assets
9,125
9,125
Cash at bank and in hand
68,963
79,587
Creditors: amounts falling due within one year
(71,390)
(86,139)
Net current liabilities
(2,427)
(6,552)
Called up share capital
12
12
Profit and loss account
6,686
2,561
Shareholders' funds
6,698
2,573
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 director acknowledges his 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 and authorised for issue on 30 November 2024 and were signed on its behalf by
KLETTE, Stuart
Director
Company Registration No. 11817599
TWISTED TONIC LTD
Notes to the Accounts
for the year ended 29 February 2024
TWISTED TONIC LTD is a private company, limited by shares, registered in England and Wales, registration number 11817599. The registered office is 71-75 SHELTON STREET, LONDON, GREATER LONDON, WC2H 9JQ, 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.
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:
Computer equipment
33% Straight line method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
425
33,194
33,619
At 29 February 2024
425
33,194
33,619
At 1 March 2023
212
24,282
24,494
At 29 February 2024
212
24,282
24,494
At 29 February 2024
213
8,912
9,125
At 28 February 2023
213
8,912
9,125
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
968
15,716
Loans from directors
2,880
70,423
TWISTED TONIC LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).