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REGISTERED NUMBER: 05088434












Unaudited Financial Statements

for the Year Ended 30 November 2024

for

T.W. Lettings Limited

T.W. Lettings Limited (Registered number: 05088434)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


T.W. Lettings Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: J Fletcher
A Pooley





SECRETARY: Peter Hodgson & Co





REGISTERED OFFICE: Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW





REGISTERED NUMBER: 05088434





ACCOUNTANTS: Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

T.W. Lettings Limited (Registered number: 05088434)

Statement of Financial Position
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 28,403 15,105

CURRENT ASSETS
Debtors 5 69,492 53,813
Cash at bank 4,463 25,717
73,955 79,530
CREDITORS
Amounts falling due within one year 6 85,943 73,262
NET CURRENT (LIABILITIES)/ASSETS (11,988 ) 6,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,415

21,373

CREDITORS
Amounts falling due after more than one
year

7

(6,736

)

(16,846

)

PROVISIONS FOR LIABILITIES 8 (5,397 ) (2,870 )
NET ASSETS 4,282 1,657

CAPITAL AND RESERVES
Called up share capital 9 300 300
Retained earnings 10 3,982 1,357
SHAREHOLDERS' FUNDS 4,282 1,657

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

T.W. Lettings Limited (Registered number: 05088434)

Statement of Financial Position - continued
30 November 2024


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 Board of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by:





J Fletcher - Director


T.W. Lettings Limited (Registered number: 05088434)

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

1. STATUTORY INFORMATION

T.W. Lettings Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Significant judgements and estimates
There are no significant judgements or estimates pertaining to these accounts.

Turnover
Revenue 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.
Fixtures and fittings - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Functional currency
The company's functional currency is £ Sterling.

Financial instruments
Financial instruments including bank and cash balances are disclosed at fair value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

T.W. Lettings Limited (Registered number: 05088434)

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

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and
fittings
£   
COST
At 1 December 2023 71,520
Additions 17,807
At 30 November 2024 89,327
DEPRECIATION
At 1 December 2023 56,415
Charge for year 4,509
At 30 November 2024 60,924
NET BOOK VALUE
At 30 November 2024 28,403
At 30 November 2023 15,105

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,563 -
Other debtors 7,266 7,266
Due from related party 32,675 10,000
Directors' current accounts 27,988 36,547
69,492 53,813

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Tax 50,439 40,878
Value Added Tax 19,809 18,835
Accrued expenses 5,695 3,549
85,943 73,262

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 6,736 16,846

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 5,397 2,870

T.W. Lettings Limited (Registered number: 05088434)

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

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2023 2,870
Provided during year 2,527
Balance at 30 November 2024 5,397

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary A £1 100 100
100 Ordinary B £1 100 100
100 Ordinary C £1 100 100
300 300

10. RESERVES
Retained
earnings
£   

At 1 December 2023 1,357
Profit for the year 112,625
Dividends (110,000 )
At 30 November 2024 3,982