TWS (GB) Limited

TWS (GB) Limited

TWS (GB) LIMITED - Company Information

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1 December 2018 false No description of principal activity Taxfiler 2020.11 03839016business:PrivateLimitedCompanyLtd2018-12-012019-11-30 038390162018-11-30 038390162018-12-012019-11-30 03839016business:AuditExemptWithAccountantsReport2018-12-012019-11-30 03839016business:FullAccounts2018-12-012019-11-30 038390162019-11-30 03839016business:Director12018-12-012019-11-30 03839016business:Director22018-12-012019-11-30 03839016business:Director32018-12-012019-11-30 038390162018-11-30 03839016core:WithinOneYear2019-11-30 03839016core:WithinOneYear2018-11-30 03839016core:AfterOneYear2019-11-30 03839016core:AfterOneYear2018-11-30 03839016core:ShareCapital2019-11-30 03839016core:ShareCapital2018-11-30 03839016core:RetainedEarningsAccumulatedLosses2019-11-30 03839016core:RetainedEarningsAccumulatedLosses2018-11-30 03839016business:SmallEntities2018-12-012019-11-30 03839016countries:EnglandWales2018-12-012019-11-30 03839016core:MotorVehicles2018-11-30 03839016core:FurnitureFittings2018-11-30 03839016core:ComputerEquipment2018-11-30 03839016core:MotorVehicles2018-12-012019-11-30 03839016core:FurnitureFittings2018-12-012019-11-30 03839016core:ComputerEquipment2018-12-012019-11-30 03839016core:MotorVehicles2019-11-30 03839016core:FurnitureFittings2019-11-30 03839016core:ComputerEquipment2019-11-30 038390162017-12-012018-11-30 iso4217:GBP xbrli:pure
Company Registration No. 03839016 (England and Wales)
TWS (GB) Limited Unaudited accounts for the year ended 30 November 2019
TWS (GB) Limited Unaudited accounts Contents
Page
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TWS (GB) Limited Company Information for the year ended 30 November 2019
Directors
Jenifer Jones Adrian Antony Jones Simon Jones
Company Number
03839016 (England and Wales)
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TWS (GB) Limited Statement of financial position as at 30 November 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
7,456 
6,209 
Current assets
Inventories
5
350,000 
350,000 
Debtors
6
156,798 
132,955 
Cash at bank and in hand
- 
7,508 
506,798 
490,463 
Creditors: amounts falling due within one year
7
(280,643)
(326,987)
Net current assets
226,155 
163,476 
Total assets less current liabilities
233,611 
169,685 
Creditors: amounts falling due after more than one year
8
(11,225)
- 
Net assets
222,386 
169,685 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
222,382 
169,681 
Shareholders' funds
222,386 
169,685 
For the year ending 30 November 2019 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 directors acknowledge their 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 of Directors and authorised for issue on 28 August 2020 and were signed on its behalf by
Jenifer Jones Director Company Registration No. 03839016
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TWS (GB) Limited Notes to the Accounts for the year ended 30 November 2019
1
Statutory information
TWS (GB) Limited is a private company, limited by shares, registered in England and Wales, registration number 03839016.
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:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2018
12,799 
23,732 
- 
36,531 
Additions
- 
- 
2,945 
2,945 
At 30 November 2019
12,799 
23,732 
2,945 
39,476 
Depreciation
At 1 December 2018
12,495 
17,827 
- 
30,322 
Charge for the year
76 
886 
736 
1,698 
At 30 November 2019
12,571 
18,713 
736 
32,020 
Net book value
At 30 November 2019
228 
5,019 
2,209 
7,456 
At 30 November 2018
304 
5,905 
- 
6,209 
5
Inventories
2019 
2018 
£ 
£ 
Finished goods
350,000 
350,000 
350,000 
350,000 
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TWS (GB) Limited Notes to the Accounts for the year ended 30 November 2019
6
Debtors
2019 
2018 
£ 
£ 
Trade debtors
156,798 
133,891 
Other debtors
- 
(936)
156,798 
132,955 
7
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Bank loans and overdrafts
10,767 
- 
Trade creditors
8,558 
68,221 
Taxes and social security
148,410 
135,569 
Other creditors
112,908 
123,197 
280,643 
326,987 
8
Creditors: amounts falling due after more than one year
2019 
2018 
£ 
£ 
Accruals
11,225 
- 
9
Average number of employees
During the year the average number of employees was 0 (2018: 5).
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