Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10511786 Mrs Zorana Brindley Mr Anthony Brindley Mrs Zorana Brindley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10511786 2023-12-31 10511786 2024-12-31 10511786 2024-01-01 2024-12-31 10511786 frs-core:CurrentFinancialInstruments 2024-12-31 10511786 frs-core:Non-currentFinancialInstruments 2024-12-31 10511786 frs-core:PlantMachinery 2024-12-31 10511786 frs-core:PlantMachinery 2024-01-01 2024-12-31 10511786 frs-core:PlantMachinery 2023-12-31 10511786 frs-core:ShareCapital 2024-12-31 10511786 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10511786 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10511786 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10511786 frs-bus:SmallEntities 2024-01-01 2024-12-31 10511786 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10511786 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10511786 frs-bus:Director1 2024-01-01 2024-12-31 10511786 frs-bus:Director1 2023-12-31 10511786 frs-bus:Director1 2024-12-31 10511786 frs-bus:Director2 2024-01-01 2024-12-31 10511786 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 10511786 frs-countries:EnglandWales 2024-01-01 2024-12-31 10511786 2022-12-31 10511786 2023-12-31 10511786 2023-01-01 2023-12-31 10511786 frs-core:CurrentFinancialInstruments 2023-12-31 10511786 frs-core:Non-currentFinancialInstruments 2023-12-31 10511786 frs-core:ShareCapital 2023-12-31 10511786 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10511786
Tw16 Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10511786
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 686 915
686 915
CURRENT ASSETS
Stocks 5 1,000,000 1,000,000
Debtors 6 1,506,003 1,506,819
Cash at bank and in hand 328,777 328,413
2,834,780 2,835,232
Creditors: Amounts Falling Due Within One Year 7 6,306 6,306
NET CURRENT ASSETS (LIABILITIES) 2,841,086 2,841,538
TOTAL ASSETS LESS CURRENT LIABILITIES 2,841,772 2,842,453
Creditors: Amounts Falling Due After More Than One Year 8 (2,940,649 ) (2,924,235 )
NET LIABILITIES (98,877 ) (81,782 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (98,879 ) (81,784 )
SHAREHOLDERS' FUNDS (98,877) (81,782)
Page 1
Page 2
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Anthony Brindley
Director
17/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Tw16 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10511786 . The registered office is Riverbank, The Creek, Sunbury-On-Thames, TW16 6BY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 3,766
As at 31 December 2024 3,766
Depreciation
As at 1 January 2024 2,851
Provided during the period 229
As at 31 December 2024 3,080
Net Book Value
As at 31 December 2024 686
As at 1 January 2024 915
5. Stocks
2024 2023
£ £
Work in progress 1,000,000 1,000,000
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,499,293 1,499,293
Other debtors 6,710 7,526
1,506,003 1,506,819
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (6,306 ) (6,306 )
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,940,649 2,924,235
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Anthony Brindley 2,690 867 2,690 - 867
The above loan is unsecured, interest free and repayable on demand.
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