Two Tall (UK) Ltd - Accounts

Two Tall (UK) Ltd - Accounts

TWO TALL (UK) LTD - Company Information

Print Friendly Version

2018-07-01 2019-06-30 false Capium Accounts Production 1.1 09088514 bus:AbridgedAccounts 2018-07-01 2019-06-30 09088514 bus:FRS102 2018-07-01 2019-06-30 09088514 bus:AuditExemptWithAccountantsReport 2018-07-01 2019-06-30 09088514 bus:SmallCompaniesRegimeForAccounts 2018-07-01 2019-06-30 09088514 bus:PrivateLimitedCompanyLtd 2018-07-01 2019-06-30 09088514 2018-07-01 2019-06-30 09088514 2019-06-30 09088514 bus:RegisteredOffice 2018-07-01 2019-06-30 09088514 core:WithinOneYear 2019-06-30 09088514 core:AfterOneYear 2019-06-30 09088514 bus:Director1 2018-07-01 2019-06-30 09088514 bus:Director1 2019-06-30 09088514 bus:Director1 2017-07-01 2018-06-30 09088514 bus:Director2 2018-07-01 2019-06-30 09088514 bus:Director2 2019-06-30 09088514 bus:Director2 2017-07-01 2018-06-30 09088514 2017-07-01 09088514 bus:CompanySecretary1 2018-07-01 2019-06-30 09088514 bus:LeadAgentIfApplicable 2018-07-01 2019-06-30 09088514 2017-07-01 2018-06-30 09088514 2018-06-30 09088514 core:WithinOneYear 2018-06-30 09088514 core:AfterOneYear 2018-06-30 09088514 bus:EntityAccountantsOrAuditors 2017-07-01 2018-06-30 09088514 bus:OrdinaryShareClass1 2018-07-01 2019-06-30 09088514 bus:OrdinaryShareClass1 2019-06-30 09088514 bus:OrdinaryShareClass1 2017-07-01 2018-06-30 09088514 bus:OrdinaryShareClass1 2018-06-30 09088514 core:LandBuildings 2018-07-01 2019-06-30 09088514 core:LandBuildings 2019-06-30 09088514 core:LandBuildings 2018-06-30 09088514 core:PlantMachinery 2018-07-01 2019-06-30 09088514 core:PlantMachinery 2019-06-30 09088514 core:PlantMachinery 2018-06-30 09088514 core:ComputerEquipment 2018-07-01 2019-06-30 09088514 core:ComputerEquipment 2019-06-30 09088514 core:ComputerEquipment 2018-06-30 09088514 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2019-06-30 09088514 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2018-06-30 09088514 core:NetGoodwill 2018-07-01 2019-06-30 09088514 core:NetGoodwill 2019-06-30 09088514 core:NetGoodwill 2018-06-30 09088514 core:CostValuation core:Non-currentFinancialInstruments 2019-06-30 09088514 core:CostValuation core:Non-currentFinancialInstruments 2018-06-30 09088514 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2019-06-30 09088514 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2019-06-30 09088514 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2019-06-30 09088514 core:Non-currentFinancialInstruments 2019-06-30 09088514 core:Non-currentFinancialInstruments 2018-06-30 09088514 core:ShareCapital 2019-06-30 09088514 core:ShareCapital 2018-06-30 09088514 core:RetainedEarningsAccumulatedLosses 2019-06-30 09088514 core:RetainedEarningsAccumulatedLosses 2018-06-30 09088514 dpl:Item1 2018-07-01 09088514 dpl:Item1 2019-06-30 09088514 dpl:Item1 2017-07-01 09088514 dpl:Item1 2018-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 09088514
England and Wales

 

 

 


Abridged Accounts

for the year ended 30 June 2019

for

TWO TALL (UK) LTD

Two Tall (UK) Ltd
Contents Page
For the year ended 30 June 2019
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 June 2019.

We have prepared these finance statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a true and fair view.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.



....................................................
MBS Accountants
Unit 3 Tuffley Park
Lower Tuffley Lane
Gloucester
GL2 5DE
30 June 2020
1
 
 		 Notes
 		 2019
£		   2018
£
Fixed assets      
Intangible fixed assets 2 -    3,300 
Tangible fixed assets 3 14,247    10,539 
14,247    13,839 
Current assets      
Stocks 1,850    1,111 
Debtors: amounts falling due within one year 450    419 
Cash at bank and in hand 5,725    7,987 
8,025    9,517 
Creditors: amount falling due within one year (11,177)   (19,455)
Net current assets (3,152)   (9,938)
 
Total assets less current liabilities 11,095    3,901 
Provisions for liabilities (2,707)   (2,768)
Net assets 8,388    1,133 
 

Capital and reserves 		     
Called up share capital 4 100    100 
Profit and loss account 8,288    1,033 
Shareholders funds 8,388    1,133 
 


For the year ended 30 June 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 29 June 2020 and were signed on its behalf by:


--------------------------------
Charles Evans
Director
2
General Information
Two Tall (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09088514, registration address 21-23 Emery Road, Bristol, BS4 5PF.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Deferred taxation
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 July 2018 16,500    16,500 
Additions -    - 
Disposals -    - 
At 30 June 2019 16,500    16,500 
Amortisation
At 01 July 2018 16,500    16,500 
Charge for year -    - 
On disposals -    - 
At 30 June 2019 16,500    16,500 
Net book values
At 30 June 2019 -    - 
At 30 June 2018 -    - 


3.

Tangible fixed assets

Cost Land and Buildings   Plant and Machinery   Computer Equipment   Total
  £   £   £   £
At 01 July 2018 -    17,124    278    17,402 
Additions 3,506    2,097    -    5,603 
Disposals -    -    -    - 
At 30 June 2019 3,506    19,221    278    23,005 
Depreciation
At 01 July 2018 -    6,821    42    6,863 
Charge for year -    1,860    35    1,895 
On disposals -    -    -    - 
At 30 June 2019 -    8,681    77    8,758 
Net book values
Closing balance as at 30 June 2019 3,506    10,540    201    14,247 
Opening balance as at 01 July 2018 -    10,303    236    10,539 


4.

Share Capital

Allotted
2019
£		   2018
£
100 Class A shares of £1.00 each 100    100 
100    100 

3