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Registered number: 14080024
Two50five Ltd
Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Company Information 1
Accountant's Report 2
Profit and Loss Account 3
Balance Sheet 4
Page 1
Company Information
Director Mr Thomas Campbell
Company Number 14080024
Registered Office 43 Currells Lane
Felton
Bristol
BS40 9XF
Accountants Holly Lodge Accountancy Services
Chartered Accountants and Chartered Tax Advisers
43 Currells Lane
Felton
Bristol
BS40 9XF
Page 1
Page 2
Accountant's Report
Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of Two50five Ltd for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Two50five Ltd for the year ended 31 May 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Two50five Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Two50five Ltd and state those matters that we have agreed to state to the director of Two50five Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Two50five Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that Two50five Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Two50five Ltd . You consider that Two50five Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Two50five Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Holly Lodge Accountancy Services
15 January 2025
Holly Lodge Accountancy Services
Chartered Accountants and Chartered Tax Advisers
43 Currells Lane
Felton
Bristol
BS40 9XF
Page 2
Page 3
Profit and Loss Account
31 May 2024 31 May 2023
£ £
TURNOVER 124,848 110,109
Other income 14 -
Staff costs (30,235 ) (17,466 )
Depreciation and other amounts written off assets (3,802 ) (1,355 )
Other charges (13,308 ) (7,337 )
PROFIT BEFORE TAXATION 77,517 83,951
Tax (15,517 ) (15,694 )
NET PROFIT 62,000 68,257
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Page 4
Balance Sheet
31 May 2024 31 May 2023
£ £
Fixed assets 8,917 3,336
Current assets 65,041 45,917
Creditors: Amounts Falling Due Within One Year (25,895 ) (20,190 )
NET CURRENT ASSETS 39,146 25,727
TOTAL ASSETS LESS CURRENT LIABILITIES 48,063 29,063
NET ASSETS 48,063 29,063
CAPITAL AND RESERVES 48,063 29,063

Notes

1. General Information
Two50five Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14080024 . The registered office is 43 Currells Lane, Felton, Bristol, BS40 9XF.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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 in accordance with the micro-entity provisions.
On behalf of the board
Mr Thomas Campbell
Director
15 January 2025
Page 4