24TWELVE LIMITED

24TWELVE LIMITED

24TWELVE LIMITED - Company Information

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14 October 2019 false No description of principal activity Taxfiler 2020.15 12260511business:PrivateLimitedCompanyLtd2019-10-142020-10-31 122605112019-10-13 122605112019-10-142020-10-31 12260511business:AuditExemptWithAccountantsReport2019-10-142020-10-31 12260511business:FullAccounts2019-10-142020-10-31 122605112020-10-31 12260511business:Director12019-10-142020-10-31 12260511business:RegisteredOffice2019-10-142020-10-31 12260511core:WithinOneYear2020-10-31 12260511core:AfterOneYear2020-10-31 12260511core:ShareCapital2020-10-31 12260511core:RetainedEarningsAccumulatedLosses2020-10-31 12260511business:SmallEntities2019-10-142020-10-31 12260511countries:EnglandWales2019-10-142020-10-31 12260511core:FurnitureFittings2019-10-142020-10-31 12260511core:ComputerEquipment2019-10-142020-10-31 12260511core:FurnitureFittings2019-10-13 12260511core:FurnitureFittings2020-10-31 12260511core:AcceleratedTaxDepreciationDeferredTax2020-10-31 12260511business:OrdinaryShareClass12019-10-142020-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12260511 (England and Wales)
24TWELVE LIMITED Unaudited accounts for the period from 14 October 2019 to 31 October 2020
24TWELVE LIMITED Unaudited accounts Contents
Page
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24TWELVE LIMITED Company Information for the period from 14 October 2019 to 31 October 2020
Director
Gareth Hill
Company Number
12260511 (England and Wales)
Registered Office
30 WESTERLANDS STAPLEFORD NOTTINGHAM NG9 7JG ENGLAND
Accountants
Cramar Ltd 40 Brookhill Street Stapleford Nottingham NG9 7BS
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24TWELVE LIMITED Statement of financial position as at 31 October 2020
2020 
Notes
£ 
Fixed assets
Tangible assets
4
1,523 
Current assets
Debtors
5
24,768 
Cash at bank and in hand
17,839 
42,607 
Creditors: amounts falling due within one year
6
(15,432)
Net current assets
27,175 
Total assets less current liabilities
28,698 
Creditors: amounts falling due after more than one year
7
(13,000)
Provisions for liabilities
Deferred tax
8
(289)
Net assets
15,409 
Capital and reserves
Called up share capital
9
1 
Profit and loss account
15,408 
Shareholders' funds
15,409 
For the period ending 31 October 2020 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 director acknowledges his 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 and authorised for issue on 15 December 2020 and were signed on its behalf by
Gareth Hill Director Company Registration No. 12260511
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24TWELVE LIMITED Notes to the Accounts for the period from 14 October 2019 to 31 October 2020
1
Statutory information
24TWELVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12260511. The registered office is 30 WESTERLANDS, STAPLEFORD, NOTTINGHAM, NG9 7JG, ENGLAND.
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 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:
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 14 October 2019
1,904 
At 31 October 2020
1,904 
Depreciation
Charge for the period
381 
At 31 October 2020
381 
Net book value
At 31 October 2020
1,523 
5
Debtors
2020 
£ 
Trade debtors
24,768 
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24TWELVE LIMITED Notes to the Accounts for the period from 14 October 2019 to 31 October 2020
6
Creditors: amounts falling due within one year
2020 
£ 
VAT
4,880 
Taxes and social security
7,003 
Other creditors
1,554 
Loans from directors
1,995 
15,432 
7
Creditors: amounts falling due after more than one year
2020 
£ 
Bank loans
13,000 
8
Deferred taxation
2020 
£ 
Accelerated capital allowances
289 
2020 
£ 
Charged to the profit and loss account
289 
Provision at end of period
289 
9
Share capital
2020 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
10
Average number of employees
During the period the average number of employees was 0.
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