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REGISTERED NUMBER: 08963460 (England and Wales)
















Two Brothers London Limited

Unaudited Financial Statements

for the Year Ended 31st March 2025






Two Brothers London Limited (Registered number: 08963460)






Contents of the Financial Statements
for the Year Ended 31st March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Two Brothers London Limited

Company Information
for the Year Ended 31st March 2025







Directors: Mr. N S Johal
Mr. A S Johal





Registered office: 6 Stainash Parade
Kingston Road
Staines Upon Thames
TW18 1BB





Registered number: 08963460 (England and Wales)





Accountants: AN Accountancy
Accountants
4th Floor
100 Fenchurch Street
London
United Kingdom
EC3M 5JD

Two Brothers London Limited (Registered number: 08963460)

Statement of Financial Position
31st March 2025

2025 2024
Notes £    £    £   
Fixed assets
Intangible assets 5 234,000 247,000
Tangible assets 6 388,175 394,455
622,175 641,455

Current assets
Cash at bank and in hand 54,821 29,940

Creditors
Amounts falling due within one year 7 131,544 154,336
Net current liabilities (76,723 ) (124,396 )
Total assets less current liabilities 545,452 517,059

Creditors
Amounts falling due after more than one
year

8

(186,114

)

(191,399

)

Provisions for liabilities (5,220 ) (5,161 )
Net assets 354,118 320,499

Capital and reserves
Called up share capital 100 100
Retained earnings 354,018 320,399
354,118 320,499

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

Two Brothers London Limited (Registered number: 08963460)

Statement of Financial Position - continued
31st March 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2nd May 2025 and were signed on its behalf by:





Mr. A S Johal - Director


Two Brothers London Limited (Registered number: 08963460)

Notes to the Financial Statements
for the Year Ended 31st March 2025

1. Statutory information

Two Brothers London 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. Statement of compliance

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.

3. Accounting policies

Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill - 5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Two Brothers London Limited (Registered number: 08963460)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

3. Accounting policies - continued

Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employees and directors

The average number of employees during the year was 6 (2024 - 6 ) .

5. Intangible fixed assets
Goodwill
£   
Cost
At 1st April 2024
and 31st March 2025 260,000
Amortisation
At 1st April 2024 13,000
Charge for year 13,000
At 31st March 2025 26,000
Net book value
At 31st March 2025 234,000
At 31st March 2024 247,000

6. Tangible fixed assets
Fixtures
Freehold and
premises fittings Totals
£    £    £   
Cost
At 1st April 2024 367,294 36,215 403,509
Additions - 682 682
At 31st March 2025 367,294 36,897 404,191
Depreciation
At 1st April 2024 - 9,054 9,054
Charge for year - 6,962 6,962
At 31st March 2025 - 16,016 16,016
Net book value
At 31st March 2025 367,294 20,881 388,175
At 31st March 2024 367,294 27,161 394,455

Two Brothers London Limited (Registered number: 08963460)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

7. Creditors: amounts falling due within one year
2025 2024
£    £   
Bank loans and overdrafts 5,112 4,319
Taxation and social security 38,671 23,660
Other creditors 87,761 126,357
131,544 154,336

8. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Bank loans 186,114 191,399