Company Registration No. 15636149 (England and Wales)
TWELVE WINGS LIMITED
Unaudited accounts
for the period from 11 April 2024 to 30 April 2025
TWELVE WINGS LIMITED
Unaudited accounts
Contents
TWELVE WINGS LIMITED
Company Information
for the period from 11 April 2024 to 30 April 2025
Company Number
15636149 (England and Wales)
Registered Office
24 HATHERTON ROAD
CANNOCK
STAFFORDSHIRE
WS11 1HG
ENGLAND
TWELVE WINGS LIMITED
Statement of financial position
as at 30 April 2025
Cash at bank and in hand
66,722
Creditors: amounts falling due within one year
(234,568)
Net current liabilities
(129,386)
Total assets less current liabilities
62,420
Provisions for liabilities
Called up share capital
100
Profit and loss account
14,368
Shareholders' funds
14,468
For the period ending 30 April 2025 the company was entitled to exemption from audit 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 January 2026 and were signed on its behalf by
Amaneek Choongh
Director
Company Registration No. 15636149
TWELVE WINGS LIMITED
Notes to the Accounts
for the period from 11 April 2024 to 30 April 2025
TWELVE WINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 15636149. The registered office is 24 HATHERTON ROAD, CANNOCK, STAFFORDSHIRE, WS11 1HG, ENGLAND.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The 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.
The financial statements are prepared in pound sterling (£), which is the functional and presentation currency of the company.
Turnover represents restaurant takings registered at the point of sale through electronic tills, and is shown net of Value Added Tax. Turnover represents restaurant takings registered at the point of sale through electronic tills, and is shown net of Value Added Tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Fixtures & fittings
10% reducing balance
Computer equipment
20% reducing balance
Other intangible assets represent franchise fees. Franchise fees are amortised over their useful life of over 10 years.
TWELVE WINGS LIMITED
Notes to the Accounts
for the period from 11 April 2024 to 30 April 2025
The tax expense represents the sum of the current tax expense and deferred tax expense. Current tax assets are recognised when tax paid exceeds the tax payable.
Current and deferred tax is charged or credited to profit and loss, except when it relates to items charged or credited to other comprehensive income or equity, when the tax follows the transaction or event it relates to and is also charged or credited to other comprehensive income, or equity.
Current tax assets and current tax liabilities and deferred tax assets and deferred tax liabilities are offset, if and only if, there is a legally enforceable right to set off the amounts and the entity intends either to settle on the net basis or to realise the asset and settle the liability simultaneously.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
1) 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
2) Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax liabilities are recognised in respect of all timing differences that exist at the reporting date. Timing difference are differences between taxable profits and total comprehensive income that arise from the inclusion of income and expenses in tax assessments in difference periods from their recognition in the financial statements. Deferred tax assets are recognised only to the extent that it is probable that they will be recovered by the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is calculated at the tax rates that are expected to apply to the period when the asset is realised or the liability is settled based on tax rates that have been enacted or substantively enacted by the reporting date.
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Other
Charge for the period
1,500
TWELVE WINGS LIMITED
Notes to the Accounts
for the period from 11 April 2024 to 30 April 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
41,240
145,675
5,928
192,843
At 30 April 2025
41,240
145,675
5,928
192,843
Charge for the period
3,388
10,282
867
14,537
At 30 April 2025
3,388
10,282
867
14,537
At 30 April 2025
37,852
135,393
5,061
178,306
Amounts falling due within one year
Accrued income and prepayments
9,293
7
Creditors: amounts falling due within one year
2025
Taxes and social security
806
Loans from directors
210,129
8
Average number of employees
During the period the average number of employees was 13.