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REGISTERED NUMBER: 09797343 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

TWC Group Limited

TWC Group Limited (Registered number: 09797343)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TWC Group Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: P J Seiden





REGISTERED OFFICE: c/o Ency Associates
Printware Court
Cumberland Business Centre
Portsmouth
Hampshire
PO5 1DS





REGISTERED NUMBER: 09797343 (England and Wales)





ACCOUNTANTS: Ency Associates
Chartered Certified Accountants
Printware Court
Cumberland Business Centre
Northumberland Road
Portsmouth
Hampshire
PO5 1DS

TWC Group Limited (Registered number: 09797343)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 72,018 50,222
Investments 6 100 100
72,118 50,322

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 7 172,090 151,590
Cash at bank and in hand 137,595 157,114
312,685 311,704
CREDITORS
Amounts falling due within one year 8 188,213 191,362
NET CURRENT ASSETS 124,472 120,342
TOTAL ASSETS LESS CURRENT LIABILITIES 196,590 170,664

CREDITORS
Amounts falling due after more than
one year

9

(25,927

)

(31,482

)

PROVISIONS FOR LIABILITIES (18,005 ) (9,542 )
NET ASSETS 152,658 129,640

TWC Group Limited (Registered number: 09797343)

Balance Sheet - continued
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 152,558 129,540
SHAREHOLDERS' FUNDS 152,658 129,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 10 June 2025 and were signed by:





P J Seiden - Director


TWC Group Limited (Registered number: 09797343)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

TWC Group 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 25% on reducing balance
Fixtures & fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

TWC Group Limited (Registered number: 09797343)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2023 - 24 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 3,000
AMORTISATION
At 1 October 2023
and 30 September 2024 3,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

TWC Group Limited (Registered number: 09797343)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Plant & Fixtures Motor Computer
machinery & fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 1,000 7,831 81,360 16,403 106,594
Additions 1,339 - 42,095 2,843 46,277
Disposals - (2,103 ) (14,225 ) - (16,328 )
At 30 September 2024 2,339 5,728 109,230 19,246 136,543
DEPRECIATION
At 1 October 2023 900 2,586 37,620 15,266 56,372
Charge for year 25 1,118 15,426 1,700 18,269
Eliminated on disposal - (1,020 ) (9,096 ) - (10,116 )
At 30 September 2024 925 2,684 43,950 16,966 64,525
NET BOOK VALUE
At 30 September 2024 1,414 3,044 65,280 2,280 72,018
At 30 September 2023 100 5,245 43,740 1,137 50,222

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 100
NET BOOK VALUE
At 30 September 2024 100
At 30 September 2023 100

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 148,125 136,813
Other debtors 23,965 14,777
172,090 151,590

TWC Group Limited (Registered number: 09797343)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 44,535 47,800
Taxation and social security 99,815 94,373
Other creditors 43,863 49,189
188,213 191,362

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Other creditors 25,927 31,482

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 3,704 9,259

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.9.24 30.9.23
£    £   
Between one and five years 122,909 108,878

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P J Seiden.