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Company Registration No. 11012113 (England and Wales)
Twentyco Limited Unaudited accounts for the year ended 31 January 2024
Twentyco Limited Unaudited accounts Contents
Page
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Twentyco Limited Company Information for the year ended 31 January 2024
Directors
D J L Harper N A Merrey
Company Number
11012113 (England and Wales)
Registered Office
PANORAMIC HOUSE BANKSIDE THE WATERMARK GATESHEAD NE11 9SY ENGLAND
Accountants
Craven Professional Solutions 126 Monkswell House Manse Lane Knaresborough North Yorkshire HG5 8NQ
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Twentyco Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,118 
1,839 
Investment property
61,867 
61,867 
62,985 
63,706 
Current assets
Debtors
381,792 
349,822 
Cash at bank and in hand
1,713 
135,676 
383,505 
485,498 
Creditors: amounts falling due within one year
(450,965)
(376,779)
Net current (liabilities)/assets
(67,460)
108,719 
Net (liabilities)/assets
(4,475)
172,425 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(4,575)
172,325 
Shareholders' funds
(4,475)
172,425 
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by
D J L Harper Director Company Registration No. 11012113
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Twentyco Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Twentyco Limited is a private company, limited by shares, registered in England and Wales, registration number 11012113. The registered office is PANORAMIC HOUSE BANKSIDE, THE WATERMARK, GATESHEAD, NE11 9SY, 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.
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:
Plant & machinery
25% p.a. on cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Twentyco Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
2,885 
At 31 January 2024
2,885 
Depreciation
At 1 February 2023
1,046 
Charge for the year
721 
At 31 January 2024
1,767 
Net book value
At 31 January 2024
1,118 
At 31 January 2023
1,839 
5
Investment property
2024 
£ 
Fair value at 1 February 2023
61,867 
At 31 January 2024
61,867 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
381,792 
349,822 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
162,500 
Taxes and social security
133,168 
81,366 
Other creditors
211,697 
55,113 
Accruals
106,100 
77,800 
450,965 
376,779 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Twentyco Limited Notes to the Accounts for the year ended 31 January 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
D J L Harper
Director's Advances and credits
199,797 
130,291 
110,437 
219,651 
199,797 
130,291 
110,437 
219,651 
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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