Company registration number 11959100 (England and Wales)
TWOMLOWS HOLDINGS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
TWOMLOWS HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
TWOMLOWS HOLDINGS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
560,907
560,907
Investments
4
300
300
561,207
561,207
Current assets
Cash at bank and in hand
144
244
Creditors: amounts falling due within one year
6
(253,258)
(245,281)
Net current liabilities
(253,114)
(245,037)
Total assets less current liabilities
308,093
316,170
Creditors: amounts falling due after more than one year
7
(289,561)
(302,362)
Net assets
18,532
13,808
Capital and reserves
Called up share capital
600
600
Profit and loss reserves
17,932
13,208
Total equity
18,532
13,808

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 9 December 2025 and are signed on its behalf by:
Mrs M Twomlow
Director
Company registration number 11959100 (England and Wales)
TWOMLOWS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Twomlows Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 20 Newport Road, Caldicot, Newport, Gwent, United Kingdom, NP26 4BQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for rent received in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

TWOMLOWS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Investment property
2025
£
Fair value
At 1 April 2024 and 31 March 2025
560,907
TWOMLOWS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
300
300
5
Subsidiaries

Details of the company's subsidiaries at 31 March 2025 are as follows:

Name of undertaking
Registered office
Nature of business
Class of
% Held
shares held
Direct
Twomlows Limited
20 Newport Road, Caldicot, Newport, NO26 4BQ
Solicitors
Ordinary
100.00
The aggregate capital and reserves and the result for the year of the subsidiaries noted above was as follows:
Name of undertaking
Capital and Reserves
Profit/(Loss)
£
£
Twomlows Limited
108,169
22,452
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
12,468
13,413
Corporation tax
1,961
2,646
Other creditors
238,829
229,222
253,258
245,281

The l oan is secured by fixed charges over the properties.

7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
289,561
302,362
Creditors which fall due after five years are payable as follows:
Payable by instalments
228,448
236,612

The long-term loan is secured by fixed charges over properties.

TWOMLOWS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
8
Related party transactions

The company has an existing loan with Twomlows Limited, the subsidiary company. At the year end a balance of £236,875 (202 4: £216,836) was outstanding being included in creditorss: amounts falling due within one year.

9
Directors' transactions

The directors operate current loan accounts which is credited with payments made by the directors and any cash introduced and debited with private expenses and cash drawn. The amount outstanding by the directors at the year end was £129 (2024: £11,136). This amount being included in creditors: amounts falling due within one year.

2025-03-31 2024-04-01 false false true 09 December 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr A J Twomlow Mrs M Twomlow 11959100 2024-04-01 2025-03-31 11959100 2025-03-31 11959100 2024-03-31 11959100 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11959100 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 11959100 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 11959100 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 11959100 core:CurrentFinancialInstruments 2025-03-31 11959100 core:CurrentFinancialInstruments 2024-03-31 11959100 core:ShareCapital 2025-03-31 11959100 core:ShareCapital 2024-03-31 11959100 core:RetainedEarningsAccumulatedLosses 2025-03-31 11959100 core:RetainedEarningsAccumulatedLosses 2024-03-31 11959100 bus:Director2 2024-04-01 2025-03-31 11959100 2023-05-01 2024-03-31 11959100 2024-03-31 11959100 core:Subsidiary1 2024-04-01 2025-03-31 11959100 core:Subsidiary1 1 2024-04-01 2025-03-31 11959100 core:Subsidiary1 2025-03-31 11959100 core:Non-currentFinancialInstruments 2025-03-31 11959100 core:Non-currentFinancialInstruments 2024-03-31 11959100 bus:EntityHasNeverTraded 2024-04-01 2025-03-31 11959100 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11959100 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11959100 bus:FRS102 2024-04-01 2025-03-31 11959100 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11959100 bus:Director1 2024-04-01 2025-03-31 11959100 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP