Company registration number: 07117557
Unaudited financial statements
for the year ended 31 January 2025
for
Twenty Ten Developments Limited
Pages for filing with the Registrar
Company registration number: 07117557
Twenty Ten Developments Limited
Balance sheet
as at 31 January 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 5,750 5,750
Tangible assets 5 116,011 92,332
121,761 98,082
Current assets
Stocks 827,275 947,404
Debtors 7,922 16,467
Cash at bank and in hand 18,982 2,996
854,179 966,867
Creditors: amounts falling due within one
year 		(341,697) (293,528)
Net current assets 512,482 673,339
Total assets less current liabilities 634,243 771,421
Creditors: Amounts falling due after more
than one year 		(332,251) (525,170)
Provisions for liabilities (25,895) (10,719)
NET ASSETS 276,097 235,532
Capital and reserves
Called up share capital 1 1
Profit and loss account 276,096 235,531
TOTAL EQUITY 276,097 235,532
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 January 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07117557
Twenty Ten Developments Limited
Balance sheet - continued
as at 31 January 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr I Henson, Director
20 October 2025
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Twenty Ten Developments Limited
Notes to the financial statements
for the year ended 31 January 2025
1 Company information
Twenty Ten Developments Limited is a private company registered in England and Wales. Its registered number is 07117557. The company is limited by shares. Its registered office is Hall Farm, Main Street, East Haddon, Northampton, Northamptonshire, NN6 8BU.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Patents & licenses - 0% straight line
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 etc.:
Plant and machinery - 15% reducing balance
Motor vehicles - 25% reducing balance
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Twenty Ten Developments Limited
Notes to the financial statements - continued
for the year ended 31 January 2025
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
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Twenty Ten Developments Limited
Notes to the financial statements - continued
for the year ended 31 January 2025
4 Intangible assets
Other
intangible
assets
£
Cost
At 1 February 2024 5,750
At 31 January 2025 5,750
Amortisation
At 31 January 2025 -
Net book value
At 31 January 2025 5,750
At 31 January 2024 5,750
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 February 2024 140,472
Additions 95,022
Disposals (58,512)
At 31 January 2025 176,982
Depreciation
At 1 February 2024 48,140
Charge for year 29,821
Eliminated on disposal (16,990)
At 31 January 2025 60,971
Net book value
At 31 January 2025 116,011
At 31 January 2024 92,332
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