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Company Registration No. 11336950 (England and Wales)
TWELVE PERCENTERS LIMITED Unaudited accounts for the year ended 30 April 2025
TWELVE PERCENTERS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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TWELVE PERCENTERS LIMITED Company Information for the year ended 30 April 2025
Director
Edmund Philip John Vause
Company Number
11336950 (England and Wales)
Registered Office
UNIT 1 LINES FARM ESTATE PARROCK LANE COLEMANS HATCH EAST SUSSEX TN7 4HT ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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TWELVE PERCENTERS LIMITED Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
2,636
2,636
Tangible assets
5
126,870
146,659
129,506
149,295
Current assets
Debtors
6
41,527
39,532
Cash at bank and in hand
13,620
(12,345)
55,147
27,187
Creditors: amounts falling due within one year
7
(41,900)
(15,719)
Net current assets
13,247
11,468
Total assets less current liabilities
142,753
160,763
Creditors: amounts falling due after more than one year
8
(140,376)
(133,319)
Net assets
2,377
27,444
Capital and reserves
Called up share capital
100
100
Profit and loss account
2,277
27,344
Shareholders' funds
2,377
27,444
For the year 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 his 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 16 January 2026 and were signed on its behalf by
Edmund Philip John Vause Director Company Registration No. 11336950
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TWELVE PERCENTERS LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
TWELVE PERCENTERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11336950. The registered office is UNIT 1 LINES FARM ESTATE, PARROCK LANE, COLEMANS HATCH, EAST SUSSEX, TN7 4HT, ENGLAND.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% Straight Line
Motor vehicles
10% Straight Line
Computer equipment
33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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TWELVE PERCENTERS LIMITED Notes to the Accounts for the year ended 30 April 2025
4
Intangible fixed assets
Other
£
Cost
At 1 May 2024
2,636
At 30 April 2025
2,636
Amortisation
At 1 May 2024
-
At 30 April 2025
-
Net book value
At 30 April 2025
2,636
At 30 April 2024
2,636
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
145,862
30,787
4,297
180,946
At 30 April 2025
145,862
30,787
4,297
180,946
Depreciation
At 1 May 2024
21,154
10,088
3,045
34,287
Charge for the year
15,952
3,079
758
19,789
At 30 April 2025
37,106
13,167
3,803
54,076
Net book value
At 30 April 2025
108,756
17,620
494
126,870
At 30 April 2024
124,708
20,699
1,252
146,659
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
12,683
13,379
Other debtors
28,844
26,153
41,527
39,532
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,480
3,480
Trade creditors
22,338
17,637
Taxes and social security
10,620
5,172
Loans from directors
4,743
(11,289)
Accruals
719
719
41,900
15,719
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TWELVE PERCENTERS LIMITED Notes to the Accounts for the year ended 30 April 2025
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
67,506
40,113
Obligations under finance leases and hire purchase contracts
72,870
93,206
140,376
133,319
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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