ACCOUNTS - Final Accounts preparation

Company registration number: 05739311

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	TWINSTACKS LIMITED


TWINSTACKS LIMITED

COMPANY INFORMATION

Director	S C Withers


Registered number	05739311


Registered office	Moray House
	18 Cleves Wood
	Weybridge
	Surrey
	KT13 9TH


Accountants	Menzies LLP
	Chartered Accountants
	Ashcombe House
	5 The Crescent
	Leatherhead
	Surrey
	KT22 8DY


TWINSTACKS LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


TWINSTACKS LIMITED REGISTERED NUMBER:05739311

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		292,884		292,884
			292,884		292,884
Current assets
Stocks		59,144		51,255
Debtors: amounts falling due within one year	5	360		-
Cash at bank and in hand		72,182		59,699
		131,686		110,954
Creditors: amounts falling due within one year	6	(81,670)		(91,681)
Net current assets			50,016		19,273
Total assets less current liabilities			342,900		312,157

Net assets			342,900		312,157

Capital and reserves
Called up share capital	1	1
Profit and loss account	342,899	312,156
	342,900	312,157

Page 1


TWINSTACKS LIMITED REGISTERED NUMBER:05739311

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S C Withers

Director

Date: 4 December 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2


TWINSTACKS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Twinstacks Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office and principal place of business is disclosed on the company information page.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

The revenue shown in the profit and loss account represents rental income, as well as amounts receivable for services provided during the year in the normal course of business, net of trade discounts, VAT and other sales and related taxes.
Revenue is either recognised on work completed, rental income received, or in the case of ongoing service contracts revenue represents the value of work done in the year including estimates of amounts not invoiced.

2.3

Investment property

Investment property is carried at fair value determined annually by the director derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.4

Stocks

Stock is valued on the basis of direct cost. No element of profit is included in the valuation of stock.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3


TWINSTACKS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Current and deferred taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Employees

The average monthly number of employees, including the director, during the year was 1 (2024 - 1).

4.	Investment property

		Long term leasehold investment property
		£
	Valuation
	At 1 April 2024	292,884
	At 31 March 2025	292,884

The 2025 valuations were made by the director, on an open market value for existing use basis.

Debtors

					2025	2024
					£	£


Prepayments and accrued income	360	-
	360	-

Page 4


TWINSTACKS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	7,433	6,709
VAT liability	1,796	2,280
Other creditors	68,976	80,616
Accruals and deferred income	3,465	2,076
	81,670	91,681

7.	Transactions with the director
	At the start of the year the director was owed £616 (2023 - £706). During the year the director received advances of £Nil (2023 - £93) and made payments on behalf of the company of £Nil (2023 - £3). As at 31 March 2025, the director was owed £616. No interest has been charged on this amount and the loan is repayable on demand.

Page 5