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REGISTERED NUMBER: 05846958 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

TW HOLDINGS LIMITED

TW HOLDINGS LIMITED (REGISTERED NUMBER: 05846958)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TW HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr S A Talbot-Williams





REGISTERED OFFICE: 5-9 Eden Street
Kingston Upon Thames
Surrey
KT1 1BQ





REGISTERED NUMBER: 05846958 (England and Wales)





ACCOUNTANTS: Collards
Chartered Accountants
5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ

TW HOLDINGS LIMITED (REGISTERED NUMBER: 05846958)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 1,281,179 1,281,179

CREDITORS
Amounts falling due within one year 5 873,814 873,814
NET CURRENT ASSETS 407,365 407,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

407,365

407,365

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 407,265 407,265
SHAREHOLDERS' FUNDS 407,365 407,365

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 director acknowledges his 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.

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 director and authorised for issue on 26 March 2025 and were signed by:





Mr S A Talbot-Williams - Director


TW HOLDINGS LIMITED (REGISTERED NUMBER: 05846958)

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

1. STATUTORY INFORMATION

TW Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 1,281,079 1,281,079
Other debtors 100 100
1,281,179 1,281,179

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1 1
Amounts owed to group undertakings 836,550 836,550
Other creditors 37,263 37,263
873,814 873,814

TW HOLDINGS LIMITED (REGISTERED NUMBER: 05846958)

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

6. RELATED PARTY DISCLOSURES

Included in other debtors is an amount of £706,084 (2023 - £706,084) owed by Raban Holdings Limited, a company 100% owned by Mr S.A. Talbot-Williams.

Also included in debtors is £153,165 (2023 - £153,165) owed by TSL TIB Limited, a company 100% owned by Mr S.A. Talbot-Williams.

Also included in debtors is £421,830 (2023 - £451,830) owed by TIB Investments Limited, a company 100% owned by Mr S.A. Talbot-Williams.

Included in creditors is an amount of £208,325 (2023 - £208,325) owed to Raban Limited, a subsidiary company of Raban Holdings Limited which is 100% owned by Mr S.A Talbot-Williams.

Also included in creditors is an amount of £71,009 (2023 - £71,009) owed to Raban Developments Limited, a subsidiary company of Raban Holdings Limited which is 100% owned by Mr S.A Talbot-Williams.

Also included in creditors is an amount of £40,410 (2023 - £40,410) owed to Raban (Labour Club) Limited, a subsidiary of Raban Holdings Limited which is 100% owned by Mr S.A Talbot-Williams.

Also included in creditors is an amount of £28,740 (2023 - £28,740) owed to Raban (Wellington) Limited, a subsidiary company of Raban Holdings Limited which is 100% owned by Mr S.A. Talbot-Williams.

.Also included in creditors is an amount of £182,655 (2023 - £182,655) owed to Talbot Scott Limited, a company which is 100% owned by Mr S.A. Talbot-Williams.

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S A Talbot-Williams.