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Company Registration No. 10340693 (England and Wales)
Twenty Third C Ltd Unaudited accounts for the year ended 31 August 2024
Twenty Third C Ltd Unaudited accounts Contents
Page
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Twenty Third C Ltd Company Information for the year ended 31 August 2024
Director
Nicholas Hill
Company Number
10340693 (England and Wales)
Registered Office
Ground Floor Office Clarence Court, Dee Road Richmond TW9 2JN England
Accountants
Accounts Studio Ltd 20-22 Wenlock Road London N1 7GU
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Twenty Third C Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
237,945 
260,993 
Investments
100 
100 
238,045 
261,093 
Current assets
Debtors
162,764 
92,296 
Cash at bank and in hand
278,244 
411,935 
441,008 
504,231 
Creditors: amounts falling due within one year
(30,674)
(22,857)
Net current assets
410,334 
481,374 
Total assets less current liabilities
648,379 
742,467 
Creditors: amounts falling due after more than one year
(107,543)
(121,097)
Net assets
540,836 
621,370 
Capital and reserves
Called up share capital
1,001 
1,000 
Profit and loss account
539,835 
620,370 
Shareholders' funds
540,836 
621,370 
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 1 April 2025 and were signed on its behalf by
Nicholas Hill Director Company Registration No. 10340693
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Twenty Third C Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Twenty Third C Ltd is a private company, limited by shares, registered in England and Wales, registration number 10340693. The registered office is Ground Floor Office, Clarence Court, Dee Road, Richmond, TW9 2JN, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20 years
Motor vehicles
25% reducing balance
Fixtures & fittings
33.33% straight line
Computer equipment
33.33% straight line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Twenty Third C Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
258,399 
44,487 
4,050 
65,556 
372,492 
Additions
- 
- 
- 
2,374 
2,374 
At 31 August 2024
258,399 
44,487 
4,050 
67,930 
374,866 
Depreciation
At 1 September 2023
25,840 
25,718 
1,350 
58,591 
111,499 
Charge for the year
12,920 
4,692 
1,350 
6,460 
25,422 
At 31 August 2024
38,760 
30,410 
2,700 
65,051 
136,921 
Net book value
At 31 August 2024
219,639 
14,077 
1,350 
2,879 
237,945 
At 31 August 2023
232,559 
18,769 
2,700 
6,965 
260,993 
5
Investments
Other investments 
£ 
Valuation at 1 September 2023
100 
Valuation at 31 August 2024
100 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
7,434 
Trade debtors
99,634 
31,314 
Amounts due from group undertakings etc.
26,300 
24,950 
Other debtors
36,830 
28,598 
162,764 
92,296 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
13,542 
12,707 
VAT
12,185 
- 
Taxes and social security
4,472 
8,384 
Other creditors
- 
1,291 
Accruals
475 
475 
30,674 
22,857 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
107,543 
121,097 
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Twenty Third C Ltd Notes to the Accounts for the year ended 31 August 2024
9
Loans to directors
At the balance sheet date Mr. Nicholas Hill, Director of the company owed £24,117. The above loan is unsecured and repayable on demand.
10
Transactions with related parties
The expenses of £1,350 represent the accountancy fees paid to another company controlled by the director.
11
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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