1 August 2023 v2025.19.1 micro_entity_frs_105_v1_1_2 filingSoftwarefalsetruetruetruefalseNo description of principal activity00truexbrli:purexbrli:sharesiso4217:GBP142604892023-08-012024-07-31142604892024-07-31142604892023-07-3114260489core:WithinOneYear2024-07-3114260489core:AfterOneYear2024-07-3114260489core:AfterOneYear2023-07-3114260489bus:RegisteredOffice2023-08-012024-07-3114260489bus:Director12023-08-012024-07-311426048912023-08-012024-07-31142604892022-07-272023-07-3114260489countries:EnglandWales2023-08-012024-07-3114260489bus:AuditExemptWithAccountantsReport2023-08-012024-07-3114260489bus:PrivateLimitedCompanyLtd2023-08-012024-07-3114260489bus:Micro-entities2023-08-012024-07-3114260489bus:FullAccounts2023-08-012024-07-31
Company registration number:
14260489
Twelfth Letting Ltd
Unaudited Filleted Financial Statements for the year ended
31 July 2024
Twelfth Letting Ltd
Statement of Financial Position
31 July 2024
20242023
££
Fixed assets
218,195
 
218,195
 
   
Current assets
1,269
 
3,195
 
Creditors: amounts falling due within one year
(1,855
) -  
Net current (liabilities)/assets
(586
)
3,195
 
Total assets less current liabilities
217,609
 
221,390
 
Creditors: amounts falling due after more than one year
(234,512
)
(224,812
)
Accruals and deferred income
(540
)
(450
)
Net liabilities
(17,443
)
(3,872
)
   
Capital and reserves
(17,443
)
(3,872
)

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
21 Heol Y Sheet
,
North Cornelly
,
Bridgend
,
CF33 4EU
, Wales.

2 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

3 Inter Company loan

During the financial year, the company received received an additional loan from Jones Pharma Services Ltd (Company No. 12029988). The loan was made on 30 June 2024 and is repayable on an Interest only basis, with full payment being required after 15 years. The loan is carried at cost in accordance with FRS 105, and no fair value adjustments have been made. As at 31 July 2024, the balance outstanding on this loan was £9,700.00. This is in addition to a previous loan amount of £63,562.00. Total of both loans £73,262.00 The loan bears interest at 2% per annum . Management has assessed the recoverability of the loan and believes that no impairment is necessary at this time. The loan is expected to be repaid in accordance with the agreed terms.
For the year ending
31 July 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
7 April 2025
, and are signed on behalf of the board by:
L Jones
Director
Company registration number:
14260489