Twilltac Limited 31/03/2026 iXBRL

Company registration number: 15866168

Twilltac Limited

Unaudited filleted financial statements

31 March 2026

Twilltac Limited

Contents

Balance sheet

Statement of changes in equity

Notes to the financial statements

Twilltac Limited

Balance sheet

31 March 2026

		31/03/26		31/03/25
	Note	£	£	£	£

Fixed assets
Tangible assets	5	10,540		9,366
		_______		_______
			10,540		9,366

Current assets
Debtors	6	43,536		301
Cash at bank and in hand		19,519		23,436
		_______		_______
		63,055		23,737
Creditors: amounts falling due
within one year	7	( 382,266)		( 186,145)
		_______		_______
Net current liabilities			( 319,211)		( 162,408)
			_______		_______
Total assets less current liabilities			( 308,671)		( 153,042)

			_______		_______
Net liabilities			( 308,671)		( 153,042)
			_______		_______

Capital and reserves
Called up share capital	8		1		1
Profit and loss account			( 308,672)		( 153,043)
			_______		_______
Shareholders deficit			( 308,671)		( 153,042)
			_______		_______

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 11 September 2026 , and are signed on behalf of the board by:

R W Schaack

Director

Company registration number: 15866168

Twilltac Limited

Statement of changes in equity

Year ended 31 March 2026

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2024	-	-	-

Loss for the year		( 153,043)	( 153,043)
	_______	_______	_______
Total comprehensive income for the year	-	( 153,043)	( 153,043)

Issue of shares	1		1
	_______	_______	_______
Total investments by and distributions to owners	1	-	1

	_______	_______	_______
At 31 March 2025 and 1 April 2025	1	( 153,043)	( 153,042)

Loss for the year		( 155,629)	( 155,629)
	_______	_______	_______
Total comprehensive income for the year	-	( 155,629)	( 155,629)

	_______	_______	_______
At 31 March 2026	1	( 308,672)	( 308,671)
	_______	_______	_______

Twilltac Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Unit V Beacon Business Park, Weston Road, Stafford, Staffordshire, ST18 0WL.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Research and development

Research expenditure is written off in the year in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2025: 5 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 April 2025	10,636	10,636
Additions	3,915	3,915
	_______	_______
At 31 March 2026	14,551	14,551
	_______	_______
Depreciation
At 1 April 2025	1,270	1,270
Charge for the year	2,741	2,741
	_______	_______
At 31 March 2026	4,011	4,011
	_______	_______
Carrying amount
At 31 March 2026	10,540	10,540
	_______	_______
At 31 March 2025	9,366	9,366
	_______	_______

6. Debtors

	31/03/26	31/03/25
	£	£
Other debtors	43,536	301
	_______	_______

7. Creditors: amounts falling due within one year

	31/03/26	31/03/25
	£	£
Trade creditors	1,958	138
Social security and other taxes	3,731	4,757
Other creditors	376,577	181,250
	_______	_______
	382,266	186,145
	_______	_______

8. Called up share capital

Authorised share capital

	31/03/26		31/03/25
	No	£	No	£
Ordinary shares shares of £ 1.00 each	1	1	1	1
	_______	_______	_______	_______

Issued, called up and fully paid

	31/03/26		31/03/25
	No	£	No	£
Ordinary shares shares of £ 1.00 each	1	1	1	1
	_______	_______	_______	_______

9. Directors advances, credits and guarantees

There were no directors advances, credits or guarantees in the year.