REGISTERED NUMBER: 07523582 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

TWO CENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Richard John Davis

SECRETARY:

Mrs Ruth Davis

REGISTERED OFFICE:

Nursery Cottage Burhill Park

Hersham

Walton-On-Thames

Surrey

KT12 4BE

REGISTERED NUMBER:

07523582 (England and Wales)

ACCOUNTANTS:

Golder Baqa Limited

Ground Floor

1 Baker's Row

London

EC1R 3DB

FIXED ASSETS

Tangible assets

4

4,877

6,502

CURRENT ASSETS

Debtors

5

1,738,946

1,437,444

Investments

6

339,951

-

Prepayments and accrued income

-

35,000

Cash at bank

522,366

1,143,481

2,601,263

2,615,925

CREDITORS

Amounts falling due within one year

7

145,434

263,835

NET CURRENT ASSETS

2,455,829

2,352,090

TOTAL ASSETS LESS CURRENT LIABILITIES

2,460,706

2,358,592

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,460,704

2,358,590

SHAREHOLDERS' FUNDS

2,460,706

2,358,592

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 August 2026 and were signed by:

Mr Richard John Davis - Director

1.	STATUTORY INFORMATION

TWO CENTS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Current asset investments

Current asset investments are initially recognized at cost, which is typically the transaction price. Subsequently, they are measured at fair value through profit or loss if a reliable market value is available.

Profits or losses arising from changes in the fair value of these investments are recognized in the profit and loss account for the period. Any deferred tax implications resulting from fair value adjustments are provided for in full.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

machinery

£

COST

At 1 March 2025

and 28 February 2026

15,384

DEPRECIATION

At 1 March 2025

8,882

Charge for year

1,625

At 28 February 2026

10,507

NET BOOK VALUE

At 28 February 2026

4,877

At 28 February 2025

6,502

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Other debtors

434,455

358,375

Directors' loan account

1,304,491

1,079,069

1,738,946

1,437,444

6.	CURRENT ASSET INVESTMENTS

28.2.26

28.2.25

£

£

Listed investments

339,951

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Corporation tax

140,390

233,724

VAT

44

27,611

Accruals and deferred income

5,000

2,500

145,434

263,835

8.	CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date which have not been provided for in the accounts.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

Mr Richard John Davis

Balance outstanding at start of year

1,079,069

882,487

Amounts advanced

364,305

500,943

Amounts repaid

(138,883

)

(304,361

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,304,491

1,079,069

This loan is unsecured and repayable on demand. Interest, at the rate of 2.25%/3.75% per annum, has been charged on shareholders' overdrawn amount.

10.	ULTIMATE CONTROLLING PARTY

Mr Richard John Davis, the sole director of the company, together with members of his close family, controlled the company by virtue of a controlling interest (directly and indirectly) of 100% of the issued ordinary share capital.