Twelve Grains Ltd - Filleted accounts

Registered number

06582619

Twelve Grains Ltd

Filleted Accounts

31 May 2025

Twelve Grains Ltd
Registered number:		06582619
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		357,270			413,871

Current assets
Stocks		11,200			11,200
Debtors	4	323,340			308,764
Cash at bank and in hand		113,909			211,186
		448,449			531,150

Creditors: amounts falling due within one year	5	(189,102)			(254,854)

Net current assets			259,347			276,296

Total assets less current liabilities			616,617			690,167

Creditors: amounts falling due after more than one year	6		(130,079)			(195,430)

Provisions for liabilities			(61,878)			(71,856)


Net assets			424,660			422,881

Capital and reserves
Called up share capital			100			100
Profit and loss account			424,560			422,781

Shareholders' funds			424,660			422,881

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dariusz Klinowski
Director
Approved by the board on 17 November 2025

Twelve Grains Ltd
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Current and deferred tax liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases.

	Pensions
	Contributions to stakeholder pension plans are expensed when paid.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			22		22


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 June 2024	642,891		54,048		696,939
	Additions	66,530		-		66,530
	Disposals	-		(35,500)		(35,500)
	At 31 May 2025	709,421		18,548		727,969

	Depreciation
	At 1 June 2024	235,876		47,192		283,068
	Charge for the year	116,275		4,637		120,912
	On disposals	-		(33,281)		(33,281)
	At 31 May 2025	352,151		18,548		370,699

	Net book value
	At 31 May 2025	357,270		-		357,270
	At 31 May 2024	407,015		6,856		413,871


4	Debtors			2025		2024
£					£

	Trade debtors			96,169		96,073
	Other debtors, deposits, excess VAT due for recovery			227,171		212,691
				323,340		308,764


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			84,154		84,154
	Trade creditors			91,880		155,480
	Taxation and social security costs			13,068		15,220
				189,102		254,854


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			130,079		195,430


7	Other information

	Twelve Grains Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit B6, J31 Park
	Motherwell Way
	Grays
	RM20 3XD