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REGISTERED NUMBER: 08039703 (England and Wales)












Financial Statements

for the Year Ended 30th April 2025

for

TWOBYTWO VIDEO LIMITED

TWOBYTWO VIDEO LIMITED (REGISTERED NUMBER: 08039703)

Contents of the Financial Statements
for the year ended 30th April 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TWOBYTWO VIDEO LIMITED

Company Information
for the year ended 30th April 2025







DIRECTOR: N L Goodrich





REGISTERED OFFICE: 7 Putney Heath Lane
Putney
London
SW15 3JG





REGISTERED NUMBER: 08039703 (England and Wales)





ACCOUNTANTS: Attenboroughs (Accountants) Limited
Chartered Certified Accountants
1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR

TWOBYTWO VIDEO LIMITED (REGISTERED NUMBER: 08039703)

Balance Sheet
30th April 2025

30/4/25 30/4/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,772 4,805

CURRENT ASSETS
Debtors 5 109,854 83,655
Cash at bank - 5,005
109,854 88,660
CREDITORS
Amounts falling due within one year 6 81,904 63,668
NET CURRENT ASSETS 27,950 24,992
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,722

29,797

CREDITORS
Amounts falling due after more than one year 7 (22,686 ) (28,242 )

PROVISIONS FOR LIABILITIES (907 ) (913 )
NET ASSETS 9,129 642

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9,128 641
SHAREHOLDERS' FUNDS 9,129 642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 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.

TWOBYTWO VIDEO LIMITED (REGISTERED NUMBER: 08039703)

Balance Sheet - continued
30th April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th August 2025 and were signed by:





N L Goodrich - Director


TWOBYTWO VIDEO LIMITED (REGISTERED NUMBER: 08039703)

Notes to the Financial Statements
for the year ended 30th April 2025


1. STATUTORY INFORMATION

Twobytwo Video 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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 2 (2024 - 2 ) .

TWOBYTWO VIDEO LIMITED (REGISTERED NUMBER: 08039703)

Notes to the Financial Statements - continued
for the year ended 30th April 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st May 2024 82,182
Additions 6,609
At 30th April 2025 88,791
DEPRECIATION
At 1st May 2024 77,377
Charge for year 6,642
At 30th April 2025 84,019
NET BOOK VALUE
At 30th April 2025 4,772
At 30th April 2024 4,805

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/25 30/4/24
£    £   
Trade debtors 29,690 10,728
Other debtors 18,590 15,878
Directors' current accounts 61,574 57,049
109,854 83,655

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/25 30/4/24
£    £   
Bank loans and overdrafts 9,677 13,056
Trade creditors 27,482 13,244
Tax 35,153 28,982
VAT 7,125 6,861
Other creditors 867 -
Accrued expenses 1,600 1,525
81,904 63,668

TWOBYTWO VIDEO LIMITED (REGISTERED NUMBER: 08039703)

Notes to the Financial Statements - continued
for the year ended 30th April 2025


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/25 30/4/24
£    £   
Bank loans - 1-2 years 5,556 5,556
Bank loans - 2-5 years 16,667 16,667
Bank loans more 5 yr by instal 463 6,019
22,686 28,242

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 463 6,019

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/25 30/4/24
value: £    £   
100 ordinary £1 1 1

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th April 2025 and 30th April 2024:

30/4/25 30/4/24
£    £   
N L Goodrich
Balance outstanding at start of year 27,869 42,617
Amounts advanced 34,225 11,524
Amounts repaid (520 ) (26,272 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 61,574 27,869

10. ULTIMATE CONTROLLING PARTY

The controlling party is N L Goodrich.