REGISTERED NUMBER: 06943607 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

TWENTYCI LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G D Newton

Mr I M Lancaster

SECRETARY:

Mr G D Newton

REGISTERED OFFICE:

8 Whittle Court

Knowlhill

Milton Keynes

MK5 8FT

REGISTERED NUMBER:

06943607 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

SOLICITORS:

Rosenblatt

9-13 St Andrew Street

London

EC4A 3AF

FIXED ASSETS

Tangible assets

4

24,255

38,773

CURRENT ASSETS

Debtors

5

1,012,760

1,238,032

Cash at bank

103,289

130,932

1,116,049

1,368,964

CREDITORS

Amounts falling due within one year

6

1,438,600

965,776

NET CURRENT (LIABILITIES)/ASSETS

(322,551

)

403,188

TOTAL ASSETS LESS CURRENT LIABILITIES

(298,296

)

441,961

CREDITORS

Amounts falling due after more than one year

7

304,364

421,273

NET (LIABILITIES)/ASSETS

(602,660

)

20,688

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(602,661

)

20,687

SHAREHOLDERS' FUNDS

(602,660

)

20,688

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 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 29 October 2025 and were signed on its behalf by:

Mr G D Newton - Director

1.	STATUTORY INFORMATION

Twentyci 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

The company's turnover represents the value, excluding value added tax, of goods and services supplied to customers during the period. Turnover is derived solely from the company's principal activity in the United Kingdom.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation has been calculated on the straight line method and aims to write down the cost, less estimated residual value, of tangible fixed assets over their expected useful lives, using the following periods:

Leasehold improvements over the term of the lease

Plant, machinery and database equipment 4 to 8 years

Fixtures, fittings and office equipment 3 to 10 years

Motor vehicles 4 years

Pension costs and other post-retirement benefits

Retirement benefits to employees are provided through defined contribution schemes. The assets of the scheme are administered by trustees and in funds independent of the company. The pension cost charge for the period was £103,123 (2023:£90,735). The total contributions outstanding at 31 December 2024 were £19,046 (2023:£16,482)

Going concern

The director have a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore used the going concern basis in preparing the financial statements

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2023 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machiner

£

COST

At 1 January 2024

85,544

Additions

8,190

At 31 December 2024

93,734

DEPRECIATION

At 1 January 2024

46,771

Charge for year

22,708

At 31 December 2024

69,479

NET BOOK VALUE

At 31 December 2024

24,255

At 31 December 2023

38,773

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

221,038

225,532

Amounts owed by group undertakings

240,109

608,540

Other debtors

51,481

79,328

Tax

124,947

35,639

VAT

263,548

165,210

Prepayments

111,637

123,783

1,012,760

1,238,032

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

224,159

256,808

Amounts owed to group undertakings

271,585

211,750

Social security and other taxes

71,550

71,862

Other creditors

493,968

209,347

Deferred income

89,236

99,064

Accrued expenses

288,102

116,945

1,438,600

965,776

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 2-5 years

136,364

227,273

Other loans - 2-5 years

168,000

194,000

304,364

421,273

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr I M Lancaster.