Company Registration No. 10122550 (England and Wales)
Twenty Twenty Consulting Limited
Unaudited accounts
for the year ended 30 April 2024
Twenty Twenty Consulting Limited
Unaudited accounts
Contents
Twenty Twenty Consulting Limited
Company Information
for the year ended 30 April 2024
Director
Mrs J Clendinning
Company Number
10122550 (England and Wales)
Registered Office
47 Scampston Drive
Beckwithshaw
Harrogate
North Yorkshire
HG3 1FU
England
Accountants
Sparham Harnell Limited
Churchill House
29 Mill Hill Road
Pontefract
West Yorkshire
WF8 4HY
Twenty Twenty Consulting Limited
Statement of financial position
as at 30 April 2024
Tangible assets
1,609
2,396
Cash at bank and in hand
33,063
23,354
Creditors: amounts falling due within one year
(16,993)
(21,007)
Net current assets
17,945
23,488
Total assets less current liabilities
19,554
25,884
Creditors: amounts falling due after more than one year
(9,855)
(11,618)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
9,293
13,710
Shareholders' funds
9,393
13,810
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 20 January 2025 and were signed on its behalf by
Mrs J Clendinning
Director
Company Registration No. 10122550
Twenty Twenty Consulting Limited
Notes to the Accounts
for the year ended 30 April 2024
Twenty Twenty Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 10122550. The registered office is 47 Scampston Drive, Beckwithshaw, Harrogate, North Yorkshire, HG3 1FU, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
15% Reducing balance
Computer equipment
25% Straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Twenty Twenty Consulting Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
1,792
4,991
6,783
At 30 April 2024
1,792
4,991
6,783
At 1 May 2023
397
3,990
4,387
Charge for the year
210
577
787
At 30 April 2024
607
4,567
5,174
At 30 April 2024
1,185
424
1,609
At 30 April 2023
1,395
1,001
2,396
Amounts falling due within one year
Trade debtors
1,875
10,540
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,883
1,883
Taxes and social security
8,973
10,265
Loans from directors
605
709
7
Creditors: amounts falling due after more than one year
2024
2023
Twenty Twenty Consulting Limited
Notes to the Accounts
for the year ended 30 April 2024
8
Deferred taxation
2024
2023
Accelerated capital allowances
306
456
Provision at start of year
456
326
(Credited)/charged to the profit and loss account
(150)
130
Provision at end of year
306
456
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).