Company Registration No. 15817124 (England and Wales)
TW16 London Ltd
Unaudited accounts
for the period from 3 July 2024 to 31 July 2025
TW16 London Ltd
Unaudited accounts
Contents
TW16 London Ltd
Company Information
for the period from 3 July 2024 to 31 July 2025
Directors
Mr R. V. Patel
Mr D. V. Patel
Company Number
15817124 (England and Wales)
Registered Office
Unit 6
30 Friern Park
London
N12 9DA
United Kingdom
TW16 London Ltd
Statement of financial position
as at 31 July 2025
Investment property
420,184
Cash at bank and in hand
17,615
Creditors: amounts falling due within one year
(425,254)
Net current liabilities
(407,639)
Called up share capital
200
Profit and loss account
12,345
Shareholders' funds
12,545
For the period ending 31 July 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 13 May 2026 and were signed on its behalf by
Mr R. V. Patel
Director
Company Registration No. 15817124
TW16 London Ltd
Notes to the Accounts
for the period from 3 July 2024 to 31 July 2025
TW16 London Ltd is a private company, limited by shares, registered in England and Wales, registration number 15817124. The registered office is Unit 6, 30 Friern Park, London, N12 9DA, United Kingdom.
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.
These financial statements for the period from 3 July 2024 to 31 July 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 3 July 2024.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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 property rental income is recognised on a straight-line basis over the term of the lease agreement. Rental income is recognised as it falls due in accordance with the contractual terms of each tenancy agreement, provided that it is probable that the economic benefits will flow to the company and the amount can be measured reliably.
Where rent-free periods or other lease incentives are granted to tenants, the benefit of such incentives is spread on a straight-line basis over the lease term.
TW16 London Ltd
Notes to the Accounts
for the period from 3 July 2024 to 31 July 2025
5
Creditors: amounts falling due within one year
2025
Taxes and social security
3,350
Loans from directors
413,540
6
Average number of employees
During the period the average number of employees was 2.