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
Twenty Third C Ltd
Company Information
for the year ended 31 August 2024
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
Twenty Third C Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
237,945
260,993
Cash at bank and in hand
278,244
411,935
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
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
Twenty Third C Ltd
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
33.33% straight line
Computer equipment
33.33% straight line
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.
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
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
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
Amounts falling due within one year
Trade debtors
99,634
31,314
Amounts due from group undertakings etc.
26,300
24,950
Other debtors
36,830
28,598
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
13,542
12,707
Taxes and social security
4,472
8,384
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
107,543
121,097
Twenty Third C Ltd
Notes to the Accounts
for the year ended 31 August 2024
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).