Company Registration No. 14094219 (England and Wales)
TWENTY20 PRIVATE LIMITED
Unaudited accounts
for the year ended 31 May 2026
TWENTY20 PRIVATE LIMITED
Unaudited accounts
Contents
TWENTY20 PRIVATE LIMITED
Company Information
for the year ended 31 May 2026
Company Number
14094219 (England and Wales)
Registered Office
FIRST FLOOR OFFICE
3 HORNTON PLACE
LONDON
W8 4LZ
UNITED KINGDOM
TWENTY20 PRIVATE LIMITED
Statement of financial position
as at 31 May 2026
Investment property
3,280,169
2,524,160
Cash at bank and in hand
5,915
6,665
Creditors: amounts falling due within one year
(485,143)
(700)
Net current assets
1,226,827
6,892
Total assets less current liabilities
4,507,096
2,531,052
Creditors: amounts falling due after more than one year
(4,589,143)
(2,616,084)
Net liabilities
(82,047)
(85,032)
Called up share capital
50,000
50,000
Profit and loss account
(132,047)
(135,032)
Shareholders' funds
(82,047)
(85,032)
For the year ending 31 May 2026 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 29 June 2026 and were signed on its behalf by
Varun Sancheti
Director
Company Registration No. 14094219
TWENTY20 PRIVATE LIMITED
Notes to the Accounts
for the year ended 31 May 2026
TWENTY20 PRIVATE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14094219. The registered office is FIRST FLOOR OFFICE, 3 HORNTON PLACE, LONDON, W8 4LZ, 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 year ended 31 May 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 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.
Transition to FRS 102 Section 1A
The company previously prepared its financial statements under FRS 105. For the year ended 31 May 2026, the company has prepared its financial statements in accordance with FRS 102 Section 1A.
On transition, a fair value loss of £2,340 in respect of investment property, previously shown within revaluation reserve, has been recognised in the profit and loss account. The comparative figures have been restated accordingly. This adjustment has no impact on total equity or net assets at 31 May 2025.
Investments in subsidiary undertakings are stated at cost less any provision for impairment.
Investment property is included at fair value. Gains and losses arising from changes in fair value are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 June 2025
2,524,160
TWENTY20 PRIVATE LIMITED
Notes to the Accounts
for the year ended 31 May 2026
5
Investments
Subsidiary undertakings
Valuation at 1 June 2025
-
Valuation at 31 May 2026
100
At 31 May 2026, the company held 100% of the ordinary share capital of Twenty25 Private Limited, a company incorporated in England and Wales.
The company has not prepared consolidated financial statements as the group qualifies as small and is exempt from preparing group accounts.
Amounts falling due within one year
Accrued income and prepayments
-
927
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,704,205
-
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
484,443
-
8
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
1,442,521
1,442,099
Loans from directors
3,146,622
1,173,985
9
Transactions with related parties
During the year, the company advanced an interest-free loan to its wholly owned subsidiary undertaking, Twenty25 Private Limited. The balance outstanding at 31 May 2026 was £1,704,205. The loan is unsecured, interest-free, has no fixed repayment date and is not expected to be recovered within twelve months of the reporting date.
At 31 May 2026, the company owed £3,146,622 to the director. The balance is unsecured, interest-free and has no fixed repayment date. No interest was charged during the year.
10
Average number of employees
During the year the average number of employees was 0 (2025: 0).