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REGISTERED NUMBER: 11309918 (England and Wales)















TWIGS & GRASS LTD
T/A
UNITY DINER

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2024






TWIGS & GRASS LTD (REGISTERED NUMBER: 11309918)
T/A UNITY DINER

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


TWIGS & GRASS LTD (REGISTERED NUMBER: 11309918)
T/A UNITY DINER

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,516 23,659

CURRENT ASSETS
Stocks 8,000 8,000
Debtors 5 67,282 151,218
Cash at bank 19,541 10,892
94,823 170,110
CREDITORS
Amounts falling due within one year 6 106,482 130,079
NET CURRENT (LIABILITIES)/ASSETS (11,659 ) 40,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,857

63,690

CREDITORS
Amounts falling due after more than one
year

7

14,385

23,425
NET (LIABILITIES)/ASSETS (3,528 ) 40,265

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (3,628 ) 40,165
SHAREHOLDERS' FUNDS (3,528 ) 40,265

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TWIGS & GRASS LTD (REGISTERED NUMBER: 11309918)
T/A UNITY DINER

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by:





Mr E Gaunt - Director


TWIGS & GRASS LTD (REGISTERED NUMBER: 11309918)
T/A UNITY DINER

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Twigs & Grass Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11309918

Registered office: Harborough House
No.1 London Road
Oadby
Leicester
LE2 5DL

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


TWIGS & GRASS LTD (REGISTERED NUMBER: 11309918)
T/A UNITY DINER

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The accounts have been prepared on a going concern basis, the validity of which depends on the continued support of the directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 19 ) .

TWIGS & GRASS LTD (REGISTERED NUMBER: 11309918)
T/A UNITY DINER

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 48,981
Additions 5,960
Disposals (9,000 )
At 31 March 2024 45,941
DEPRECIATION
At 1 April 2023 25,322
Charge for year 4,256
Eliminated on disposal (6,153 )
At 31 March 2024 23,425
NET BOOK VALUE
At 31 March 2024 22,516
At 31 March 2023 23,659

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 32,259 45,233
Other debtors 35,023 105,985
67,282 151,218

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 9,731
Trade creditors 72,866 81,013
Taxation and social security 20,192 32,867
Other creditors 3,424 6,468
106,482 130,079

TWIGS & GRASS LTD (REGISTERED NUMBER: 11309918)
T/A UNITY DINER

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 12,500 22,769
Other creditors 1,885 656
14,385 23,425