Company Registration No. 13884272 (England and Wales)
THE-220 LTD
Unaudited accounts
for the year ended 29 February 2024
THE-220 LTD
Unaudited accounts
Contents
THE-220 LTD
Company Information
for the year ended 29 February 2024
Directors
Nicholas George Chetwood
Benjamin James Martin
Company Number
13884272 (England and Wales)
Registered Office
55 LARKHALL RISE
FLAT 4
LONDON
SW4 6HT
UNITED KINGDOM
Accountants
Coles Accounting (Cambridge) Limited
Newton Hall
Town Street, Newton
Cambridge
Cambridgeshire
CB22 7ZE
THE-220 LTD
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
3,444
230
Creditors: amounts falling due within one year
(55,398)
(19,944)
Net current liabilities
(40,245)
(14,764)
Net liabilities
(40,245)
(14,764)
Called up share capital
1
1
Profit and loss account
(40,246)
(14,765)
Shareholders' funds
(40,245)
(14,764)
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by
Nicholas George Chetwood
Director
Company Registration No. 13884272
THE-220 LTD
Notes to the Accounts
for the year ended 29 February 2024
THE-220 LTD is a private company, limited by shares, registered in England and Wales, registration number 13884272. The registered office is 55 LARKHALL RISE, FLAT 4, LONDON, SW4 6HT, UNITED KINGDOM.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
28,561
18,756
Loans made to the Company by the Directors are unsecured, interest free and repayable on demand.
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).