REGISTERED NUMBER: 09294161 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TWOSHOES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr H B Harrison

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

09294161 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Investment property

4

207,000

207,000

CURRENT ASSETS

Cash at bank

92,331

92,322

CREDITORS

Amounts falling due within one year

5

377,102

347,542

NET CURRENT LIABILITIES

(284,771

)

(255,220

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(77,771

)

(48,220

)

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

7

(77,772

)

(48,221

)

SHAREHOLDERS' FUNDS

(77,771

)

(48,220

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 11 September 2025 and were signed by:

Mr H B Harrison - Director

1.	STATUTORY INFORMATION

Twoshoes 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 as modified by the revaluation of certain assets.

Turnover

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

Investment property

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

Going concern disclosure

The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

207,000

NET BOOK VALUE

At 31 December 2024

207,000

At 31 December 2023

207,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2017

804

Cost

206,196

207,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

7,891

3,096

Director's current account

367,495

342,886

Accruals and deferred income

1,716

1,560

377,102

347,542

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1

Ordinary £1

£1

1

1

7.

RESERVES

Retained

earnings

£

At 1 January 2024

(48,221

)

Deficit for the year

(29,551

)

At 31 December 2024

(77,772

)

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due after more than one year, is an amount of £367,495 (2023: £342,886) owed to the director. This loan is repayable on demand, non interest bearing and long term in nature.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr H B Harrison.