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Company Registration No. 15076171 (England and Wales)
2wn Limited Unaudited accounts for the year ended 31 August 2025
2wn Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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2wn Limited Company Information for the year ended 31 August 2025
Director
Paul Robert Glassup
Company Number
15076171 (England and Wales)
Registered Office
20 Thirlmere Road Dewsbury West Yorkshire WF12 7ED England
Accountants
Automated Accountancy The Business Village Innovation Way Barnsley South Yorkshire S75 1JL
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2wn Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
674
899
Current assets
Inventories
237,977
382,974
Debtors
5
-
2,100
Cash at bank and in hand
7,647
12,370
245,624
397,444
Creditors: amounts falling due within one year
6
(193,792)
(397,077)
Net current assets
51,832
367
Net assets
52,506
1,266
Capital and reserves
Called up share capital
1
1
Profit and loss account
52,505
1,265
Shareholders' funds
52,506
1,266
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 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 11 August 2026 and were signed on its behalf by
Paul Robert Glassup Director Company Registration No. 15076171
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2wn Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
2wn Limited is a private company, limited by shares, registered in England and Wales, registration number 15076171. The registered office is 20 Thirlmere Road, Dewsbury, West Yorkshire, WF12 7ED, 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.
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% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
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2wn Limited Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 September 2024
1,233
At 31 August 2025
1,233
Depreciation
At 1 September 2024
334
Charge for the year
225
At 31 August 2025
559
Net book value
At 31 August 2025
674
At 31 August 2024
899
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
-
2,100
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
12,205
8,493
Trade creditors
104,932
153,229
Taxes and social security
13,454
85
Loans from directors
62,176
234,770
Accruals
1,025
500
193,792
397,077
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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