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Company Registration No. 05529206 (England and Wales)
Two Fin Limited Unaudited accounts for the year ended 31 August 2025
Two Fin Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Two Fin Limited Company Information for the year ended 31 August 2025
Directors
Sarah Jones Huw Jones
Company Number
05529206 (England and Wales)
- 3 -
Two Fin Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
406,800
144,000
Tangible assets
5
224,533
173,071
Investment property
6
7,388
9,853
638,721
326,924
Current assets
Inventories
40,195
26,903
Debtors
7
296,976
-
Cash at bank and in hand
225,204
282,331
562,375
309,234
Creditors: amounts falling due within one year
8
(712,018)
(253,461)
Net current (liabilities)/assets
(149,643)
55,773
Total assets less current liabilities
489,078
382,697
Creditors: amounts falling due after more than one year
9
(59,128)
(25,485)
Provisions for liabilities
Deferred tax
(35,035)
(24,575)
Net assets
394,915
332,637
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
393,915
331,637
Shareholders' funds
394,915
332,637
For the year ending 31 August 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 directors acknowledge 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 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 of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by
Huw Jones Director Company Registration No. 05529206
- 4 -
Two Fin Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Two Fin Limited is a private company, limited by shares, registered in England and Wales, registration number 05529206.
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.
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:
Land & buildings
Starigh line over length of lease
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 September 2024
180,000
Additions
312,000
At 31 August 2025
492,000
Amortisation
At 1 September 2024
36,000
Charge for the year
49,200
At 31 August 2025
85,200
Net book value
At 31 August 2025
406,800
At 31 August 2024
144,000
- 5 -
Two Fin Limited Notes to the Accounts for the year ended 31 August 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 September 2024
79,399
-
214,799
145,797
206,773
646,768
Additions
6,237
5,143
79,402
19,564
5,986
116,332
At 31 August 2025
85,636
5,143
294,201
165,361
212,759
763,100
Depreciation
At 1 September 2024
51,310
-
114,657
118,052
189,678
473,697
Charge for the year
5,830
-
44,890
7,095
7,055
64,870
At 31 August 2025
57,140
-
159,547
125,147
196,733
538,567
Net book value
At 31 August 2025
28,496
5,143
134,654
40,214
16,026
224,533
At 31 August 2024
28,089
-
100,142
27,745
17,095
173,071
6
Investment property
2025
£
Fair value at 1 September 2024
9,853
Net loss from fair value adjustments
(2,465)
At 31 August 2025
7,388
7
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
293,522
-
Accrued income and prepayments
3,454
-
296,976
-
8
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
6,221
6,210
VAT
380,077
57,337
Obligations under finance leases and hire purchase contracts
8,317
-
Trade creditors
70,639
55,959
Amounts owed to group undertakings and other participating interests
-
31,065
Taxes and social security
52,862
87,350
Loans from directors
174,623
491
Accruals
19,279
15,049
712,018
253,461
- 6 -
Two Fin Limited Notes to the Accounts for the year ended 31 August 2025
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
25,858
25,485
Obligations under finance leases and hire purchase contracts
33,270
-
59,128
25,485
10
Average number of employees
During the year the average number of employees was 59 (2024: 59).
- 7 -