TWOITION LTD


Director	JONES, Matthew Anthony


Company Secretary	WHITTLE, Victoria Bethany


Registered Address	170 Greenfield Road
	St Helens
	WA10 6SG


Registered Number	13950848 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		7,087		9,450
			7,087		9,450
Current assets
Debtors		-		1
Cash at bank and on hand		9,453		8,014
		9,453		8,015
Creditors amounts falling due within one year		(16,403)		(10,732)
Net current assets (liabilities)			(6,950)		(2,717)
Total assets less current liabilities			137		6,733
Creditors amounts falling due after one year			-		(1,293)
Net assets			137		5,440
Capital and reserves
Called up share capital			101		101
Profit and loss account			36		5,339
Shareholders' funds			137		5,440

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 31 December 2025, and are signed on its behalf by:

JONES, Matthew Anthony
Director
Registered Company No. 13950848

TWOITION LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Vehicles	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	16,800
	At 31 March 25	16,800
	Depreciation and impairment
	At 01 April 24	7,350
	Charge for year	2,363
	At 31 March 25	9,713
	Net book value
	At 31 March 25	7,087
	At 31 March 24	9,450

4.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	1,293		4,392

5.	Directors advances, credits and guarantees
	During the year, the director, Mr M Jones, provided a loan to the company. The balance at the year end was £5,256 (2024 £0). There are no fixed repayment terms.