Company Registration No. 14027638 (England and Wales)
Twirl Technologies Ltd
Unaudited accounts
for the year ended 30 April 2024
Twirl Technologies Ltd
Unaudited accounts
Contents
Twirl Technologies Ltd
Company Information
for the year ended 30 April 2024
Company Number
14027638 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
England
Accountants
Sleek Accounting Ltd
205 Regent Street
4th Floor
London
W1B 4HB
Twirl Technologies Ltd
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
127,349
73,886
Creditors: amounts falling due within one year
(42,736)
(16,876)
Net current assets
92,948
57,250
Called up share capital
1
1
Share premium
235,785
235,785
Profit and loss account
(142,838)
(178,536)
Shareholders' funds
92,948
57,250
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 27 January 2025 and were signed on its behalf by
Lara Stallbaum
Director
Company Registration No. 14027638
Twirl Technologies Ltd
Notes to the Accounts
for the year ended 30 April 2024
Twirl Technologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 14027638. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, 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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
Expenditure on research and development is written off in the year in which it is incurred.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Amounts falling due within one year
Accrued income and prepayments
2,355
240
Twirl Technologies Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
10,808
6,325
Other creditors
(155)
1,644
Allotted, called up and fully paid:
1,173,244 Ordinary shares of £0.000001 each
1.17
1.17
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).