ACCOUNTS - Final Accounts preparation

Registered number: 15430684

TWIST (AIDL) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2026

TWIST (AIDL) LIMITED

REGISTERED NUMBER: 15430684

BALANCE SHEET

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		3,761		-
Investment property	5		1,629,639		993,365
			1,633,400		993,365
Current assets
Debtors: amounts falling due within one year	6	117,166		66,550
Cash at bank and in hand		2,165		1,224
		119,331		67,774
Creditors: amounts falling due within one year	7	(1,839,173)		(1,082,994)
Net current liabilities			(1,719,842)		(1,015,220)
Total assets less current liabilities			(86,442)		(21,855)

Net liabilities			(86,442)		(21,855)

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		(86,542)	(21,955)
		(86,442)	(21,855)

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TWIST (AIDL) LIMITED

REGISTERED NUMBER: 15430684

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 October 2026.

N Nathwani

Director

The notes on pages 3 to 6 form part of these financial statements.

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TWIST (AIDL) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 15430684. The Company's registered office is B3 Electra Park, Electric Avenue, Birmingham, B6 7EB.

The company was incorporated on 22 January 2024. The comparative figures cover the period from incorporation to 31 January 2025. These accounts cover the year ended 31 January 2026.

The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

During the year the company incurred losses as the property was refurbished which has resulted in net liabilities as at the balance sheet date. The main creditors of the company are the directors who will continue to support the company and therefore the directors have deemed it appropriate to prepared the accounts on a going concern basis.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rental of investment properties and recharges related to investment properties

Turnover from the rental of investment properties or recharges related to investment properties are recognised when all the following conditions are satisfied:

- the amount of turnover can be measured reliably;
- it is probable that the Company will receive consideration due for the period of rent;
- the period of rent can be measured reliably; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

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TWIST (AIDL) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery

10%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2025 - 2).

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TWIST (AIDL) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

4.	Tangible fixed assets

		Plant and machinery
		£
	Cost or valuation
	Additions	3,825
	At 31 January 2026	3,825
	Depreciation
	Charge for the year on owned assets	64
	At 31 January 2026	64
	Net book value
	At 31 January 2026	3,761
	At 31 January 2025	-

5.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 February 2025	993,365
	Additions at cost	636,274
	At 31 January 2026	1,629,639

The 2026 valuations were made by the directors, on an open market value basis.

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TWIST (AIDL) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Debtors

					2026	2025
					£	£


Trade debtors	18,717	-
Other debtors	95,379	520
Prepayments and accrued income	3,070	66,030
	117,166	66,550

7.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	18,810	1,500
Other creditors	1,800,910	1,077,086
Accruals and deferred income	19,453	4,408
	1,839,173	1,082,994

8.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

100 (2025 - 100) Ordinary shares of £1.00 each	100	100

9.	Related party transactions
	During the year the company received loans from the directors. As at 31 January 2026 amounts of £1,796,605 (2025 - £1,077,086) was owed to directors. During the year the company received loans from companies under common control of the directors. As at 31 January 2026 amounts of £4,305 (2025 - £Nil) were due to these companies. Loans are interest free and repayable on demand.

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