Twrch Services Limited 07237854 true 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is Engineers Digita Accounts Production Advanced 6.30.9574.0 true Mr David Llewelyn Davies true 07237854 2023-05-01 2024-04-30 07237854 2024-04-30 07237854 bus:OrdinaryShareClass1 2024-04-30 07237854 core:RetainedEarningsAccumulatedLosses 2024-04-30 07237854 core:ShareCapital 2024-04-30 07237854 core:CurrentFinancialInstruments 2024-04-30 07237854 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 07237854 core:Non-currentFinancialInstruments 2024-04-30 07237854 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 07237854 core:FurnitureFittingsToolsEquipment 2024-04-30 07237854 core:OtherPropertyPlantEquipment 2024-04-30 07237854 bus:FRS102 2023-05-01 2024-04-30 07237854 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07237854 bus:FullAccounts 2023-05-01 2024-04-30 07237854 bus:RegisteredOffice 2023-05-01 2024-04-30 07237854 bus:Director1 2023-05-01 2024-04-30 07237854 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 07237854 bus:EntityNoLongerTradingButTradedInPast 2023-05-01 2024-04-30 07237854 bus:Consolidated 2023-05-01 2024-04-30 07237854 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07237854 core:PlantMachinery 2023-05-01 2024-04-30 07237854 countries:AllCountries 2023-05-01 2024-04-30 07237854 2023-04-30 07237854 core:FurnitureFittingsToolsEquipment 2023-04-30 07237854 core:OtherPropertyPlantEquipment 2023-04-30 07237854 2023-04-30 07237854 bus:OrdinaryShareClass1 2023-04-30 07237854 core:RetainedEarningsAccumulatedLosses 2023-04-30 07237854 core:ShareCapital 2023-04-30 07237854 core:CurrentFinancialInstruments 2023-04-30 07237854 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 07237854 core:Non-currentFinancialInstruments 2023-04-30 07237854 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 07237854 core:FurnitureFittingsToolsEquipment 2023-04-30 07237854 core:OtherPropertyPlantEquipment 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07237854

Twrch Services Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Twrch Services Limited

Profit and Loss Account for the Year Ended 30 April 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Twrch Services Limited

(Registration number: 07237854)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

1,408

1,408

Current assets

 

Debtors

4

6

6

Creditors: Amounts falling due within one year

(1)

(1)

Net current assets

 

5

5

Total assets less current liabilities

 

1,413

1,413

Creditors: Amounts falling due after more than one year

(1,283)

(1,283)

Net assets

 

130

130

Capital and reserves

 

Called up share capital

5

1

1

Retained earnings

129

129

Shareholders' funds

 

130

130

For the financial 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.

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 17 January 2025
 

.........................................
Mr David Llewelyn Davies
Director

 

Twrch Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Tyddyn
Glyncynwal Road
Upper Cwmtwrch
Swansea
SA9 2UN

These financial statements were authorised for issue by the director on 17 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Equipment

25% WDV

 

Twrch Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Twrch Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

3

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 May 2023

816

2,340

3,156

At 30 April 2024

816

2,340

3,156

Depreciation

At 1 May 2023

724

1,024

1,748

At 30 April 2024

724

1,024

1,748

Carrying amount

At 30 April 2024

92

1,316

1,408

At 30 April 2023

92

1,316

1,408

4

Debtors

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

       

6

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

1,283

1,283