REGISTERED NUMBER: 07505505 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

TWK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

10

DIRECTORS:

R Khan

I A Khan

REGISTERED OFFICE:

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

REGISTERED NUMBER:

07505505 (England and Wales)

ACCOUNTANTS:

Danton Partners

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

FIXED ASSETS

Intangible assets

4

10,537

14,050

Tangible assets

5

830,096

747,032

840,633

761,082

CURRENT ASSETS

Debtors

6

1,624,118

1,371,150

Cash at bank

-

20,137

1,624,118

1,391,287

CREDITORS

Amounts falling due within one year

7

1,277,985

1,049,275

NET CURRENT ASSETS

346,133

342,012

TOTAL ASSETS LESS CURRENT LIABILITIES

1,186,766

1,103,094

CREDITORS

Amounts falling due after more than one year

8

(132,931

)

(186,260

)

PROVISIONS FOR LIABILITIES

10

(65,032

)

-

NET ASSETS

988,803

916,834

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

988,703

916,734

SHAREHOLDERS' FUNDS

988,803

916,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 17 September 2025 and were signed on its behalf by:

R Khan - Director

1.	STATUTORY INFORMATION

TWK Ltd 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 2011, is being amortised evenly over its estimated useful life of thirteen 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 75 (2024 - 63 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

43,907

AMORTISATION

At 1 February 2024

29,857

Charge for year

3,513

At 31 January 2025

33,370

NET BOOK VALUE

At 31 January 2025

10,537

At 31 January 2024

14,050

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 February 2024

558,712

415,612

6,145

Additions

-

169,187

1,051

At 31 January 2025

558,712

584,799

7,196

DEPRECIATION

At 1 February 2024

12,426

240,032

5,719

Charge for year

-

92,932

316

At 31 January 2025

12,426

332,964

6,035

NET BOOK VALUE

At 31 January 2025

546,286

251,835

1,161

At 31 January 2024

546,286

175,580

426

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2024

49,536

16,692

1,046,697

Additions

-

16,133

186,371

At 31 January 2025

49,536

32,825

1,233,068

DEPRECIATION

At 1 February 2024

32,069

9,419

299,665

Charge for year

3,494

6,565

103,307

At 31 January 2025

35,563

15,984

402,972

NET BOOK VALUE

At 31 January 2025

13,973

16,841

830,096

At 31 January 2024

17,467

7,273

747,032

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 February 2024

39,820

Additions

90,185

At 31 January 2025

130,005

DEPRECIATION

At 1 February 2024

7,964

Charge for year

24,010

At 31 January 2025

31,974

NET BOOK VALUE

At 31 January 2025

98,031

At 31 January 2024

31,856

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

285,818

240,024

Other debtors

1,338,300

1,131,126

1,624,118

1,371,150

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

121,583

91,559

Other loan

15,400

15,400

Hire purchase contracts (see note 9)

37,868

18,978

Trade creditors

25,434

38,935

Tax

83,716

65,480

Social security and other taxes

6,026

476

VAT

56,473

33,628

Other creditors

606,105

360,045

Directors' current accounts

293,368

321,483

Accruals and provisions

32,012

103,291

1,277,985

1,049,275

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Other loans - 2-5 years

101,883

186,260

Hire purchase contracts (see note 9)

31,048

-

132,931

186,260

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.1.25

31.1.24

£

£

Net obligations repayable:

Within one year

37,868

18,978

Between one and five years

31,048

-

68,916

18,978

10.	PROVISIONS FOR LIABILITIES

31.1.25

31.1.24

£

£

Deferred tax

65,032

-

Deferred

tax

£

Provided during year

65,032

Balance at 31 January 2025

65,032

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

100

Ordinary Shares

100

100

100

12.	RELATED PARTY DISCLOSURES

Included in the other creditors is the sum of £293,367 (2024 : £321,483) due to the director R Khan. This is an interest-free loan and is repayable on demand.

Included in the other debtors is the sum of £352,625 (2024 : £340,815) and £449,972 (2024 : £410,372) due from RWK Properties Ltd and Castle Mount Properties Ltd respectively. R Khan controls RWK Properties Ltd and Castle Mount Properties Ltd by virtue of his shareholding in the companies. The loan is an interest-free loan and is repayable on demand.

13.	ULTIMATE CONTROLLING PARTY

R Khan is the ultimate controlling party by virtue of his shareholding in the company.

14.

CHARGES

Lloyds Bank Plc holds fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixture, fixed plant & machinery.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Danton Partners

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

17 September 2025