Registered number: 08230815 | ||||||||
FOR THE YEAR ENDED 30/09/2024 | ||||||||
Prepared By: | ||||||||
Cate Moore Ltd | ||||||||
Bankspace | ||||||||
145-147 East Street | ||||||||
Bristol | ||||||||
BS3 4EJ |
Piper Twix Investments Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/09/2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 08230815 | ||||||||
ACCOUNTANTS | ||||||||
Cate Moore Ltd | ||||||||
Bankspace | ||||||||
145-147 East Street | ||||||||
Bristol | ||||||||
BS3 4EJ |
Piper Twix Investments Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/09/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Piper Twix Investments Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | ||||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
425,733 | 427,436 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 411,173 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 535,955 | 545,774 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Revaluation reserve | 1c,10 | 203,766 | 203,766 | |||||||
Profit and loss account | 583,060 | 575,285 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
Director | ||||||||||
Piper Twix Investments Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/09/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at fair value derived from the current market prices for comparable property determined annually by the directors or external valuers. The valuers use observalbe market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the profit and loss account. | ||||||||
No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1c. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 10). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
Piper Twix Investments Ltd | ||||||||
3. INVESTMENT PROPERTIES | ||||||||
Investment | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
At 01/10/2023 | 1,035,000 | 1,035,000 | ||||||
At 30/09/2024 | 1,035,000 | 1,035,000 | ||||||
The property was revalued on 8 February 2022 by Andrew Forbes Chartered Valuation Surveyors who are external to the company. The directors consider the current value of the propery to be accurate in the current market. | ||||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | 422,012 | 417,012 | ||||||
Prepayments | - | 6,743 | ||||||
422,012 | 423,755 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 1,917 | 1,593 | ||||||
PAYE control | 739 | 264 | ||||||
Directors current account | 11,440 | 13,064 | ||||||
Directors current account | 49 | 89 | ||||||
Accruals | 2,459 | 1,253 | ||||||
16,604 | 16,263 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 400,000 | 400,000 | ||||||
Loans >1yr | 135,955 | 145,774 | ||||||
535,955 | 545,774 | |||||||
Piper Twix Investments Ltd | ||||||||
7. SECURED CREDITORS | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Amount of bank loans and overdrafts which are secured | - | 400,000 | ||||||
8. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 121,248 | 121,248 | ||||||
121,248 | 121,248 | |||||||
9. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
50 | 50 | |||||||
50 | 50 | |||||||
100 | 100 | |||||||
10. REVALUATION RESERVE | 2024 | 2023 | ||||||
£ | £ | |||||||
Revaluation reserve | 203,766 | 203,766 | ||||||
203,766 | 203,766 | |||||||
11. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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