Twenty Twenty Agency Limited - Limited company - abbreviated - 11.6
Twenty Twenty Agency Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2014 |
| FOR |
| TWENTY TWENTY AGENCY LIMITED |
| TWENTY TWENTY AGENCY LIMITED (REGISTERED NUMBER: 06354580) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 AUGUST 2014 |
| Page |
| Company Information | 1 |
| Chartered Certified Accountant's Report | 2 |
| Abbreviated Balance Sheet | 3 |
| Notes to the Abbreviated Accounts | 5 |
| TWENTY TWENTY AGENCY LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 AUGUST 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| Chartered Certified Accountants |
| CHARTERED CERTIFIED ACCOUNTANT'S REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| TWENTY TWENTY AGENCY LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited |
| financial statements, from which the unaudited abbreviated accounts (set out on pages three to six) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements |
| of Twenty Twenty Agency Limited for the year ended 31 August 2014 which comprise the Profit and Loss Account, the Balance |
| Sheet, and the related notes from the company's accounting records and from information and explanations you have given me. |
| As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com. |
| This report is made solely to the director of Twenty Twenty Agency Limited in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Twenty Twenty Agency Limited and state those matters that I have agreed to state to the director of Twenty Twenty Agency Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and its director for my work or for this report. |
| It is your duty to ensure that Twenty Twenty Agency Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Twenty Twenty Agency Limited. You consider that Twenty Twenty Agency Limited is exempt from the statutory audit requirement for the year. |
| I have not been instructed to carry out an audit or a review of the financial statements of Twenty Twenty Agency Limited. For this |
| reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given |
| to me and I do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Certified Accountants |
| Date: ............................................. |
| TWENTY TWENTY AGENCY LIMITED (REGISTERED NUMBER: 06354580) |
| ABBREVIATED BALANCE SHEET |
| 31 AUGUST 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors | 3 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| TWENTY TWENTY AGENCY LIMITED (REGISTERED NUMBER: 06354580) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 AUGUST 2014 |
| The financial statements were approved by the director on |
| TWENTY TWENTY AGENCY LIMITED (REGISTERED NUMBER: 06354580) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 AUGUST 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Turnover is recognised from the date a photo shoot has taken place and includes all associated reimbursed expenditure in |
| producing the photo shoot. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet |
| date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. |
| Exchange differences are taken into account in arriving at the operating result. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2013 |
| Additions |
| Disposals | ( |
) |
| At 31 August 2014 |
| DEPRECIATION |
| At 1 September 2013 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 August 2014 |
| NET BOOK VALUE |
| At 31 August 2014 |
| At 31 August 2013 |
| 3. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| TWENTY TWENTY AGENCY LIMITED (REGISTERED NUMBER: 06354580) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 AUGUST 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |