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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
Page
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Twirl Technologies Ltd Company Information for the year ended 30 April 2024
Director
Lara Stallbaum
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
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Twirl Technologies Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
8,335 
240 
Cash at bank and in hand
127,349 
73,886 
135,684 
74,126 
Creditors: amounts falling due within one year
(42,736)
(16,876)
Net current assets
92,948 
57,250 
Net assets
92,948 
57,250 
Capital and reserves
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
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Twirl Technologies Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
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
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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Pension costs
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,680 
- 
Accrued income and prepayments
2,355 
240 
Other debtors
300 
- 
8,335 
240 
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Twirl Technologies Ltd Notes to the Accounts for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
28,574 
8,084 
Trade creditors
3,509 
823 
Taxes and social security
10,808 
6,325 
Other creditors
(155)
1,644 
42,736 
16,876 
6
Share capital
2024 
2023 
£ 
£ 
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).
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