TWENTYFOURSEVEN DESIGN AND PRINT LIMITED

TWENTYFOURSEVEN DESIGN AND PRINT LIMITED

TWENTYFOURSEVEN DESIGN AND PRINT LIMITED - Company Information

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TWENTYFOURSEVEN DESIGN AND PRINT LIMITED

Company Registration Number:
04771024 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2020

Period of accounts

Start date: 01 June 2019

End date: 31 May 2020

TWENTYFOURSEVEN DESIGN AND PRINT LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2020

Balance sheet
Notes

TWENTYFOURSEVEN DESIGN AND PRINT LIMITED

Balance sheet

As at 31 May 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 9,020 13,535
Tangible assets: 4 127,283 159,021
Total fixed assets: 136,303 172,556
Current assets
Stocks: 11,000 11,000
Debtors:   72,368 135,189
Cash at bank and in hand: 39,765 37,890
Total current assets: 123,133 184,079
Creditors: amounts falling due within one year:   (78,087) (98,319)
Net current assets (liabilities): 45,046 85,760
Total assets less current liabilities: 181,349 258,316
Creditors: amounts falling due after more than one year:     (5,328)
Total net assets (liabilities): 181,349 252,988
Capital and reserves
Called up share capital: 250 250
Profit and loss account: 181,099 252,738
Shareholders funds: 181,349 252,988

The notes form part of these financial statements

TWENTYFOURSEVEN DESIGN AND PRINT LIMITED

Balance sheet statements

For the year ending 31 May 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 February 2021
and signed on behalf of the board by:

Name: Mr Alan Burton
Status: Director

The notes form part of these financial statements

TWENTYFOURSEVEN DESIGN AND PRINT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TWENTYFOURSEVEN DESIGN AND PRINT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

2. Employees

2020 2019
Average number of employees during the period 11 12

TWENTYFOURSEVEN DESIGN AND PRINT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

3. Intangible Assets

Total
Cost £
At 01 June 2019 63,200
At 31 May 2020 63,200
Amortisation
At 01 June 2019 49,665
Charge for year 4,515
At 31 May 2020 54,180
Net book value
At 31 May 2020 9,020
At 31 May 2019 13,535

TWENTYFOURSEVEN DESIGN AND PRINT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

4. Tangible Assets

Total
Cost £
At 01 June 2019 681,990
At 31 May 2020 681,990
Depreciation
At 01 June 2019 522,969
Charge for year 31,738
At 31 May 2020 554,707
Net book value
At 31 May 2020 127,283
At 31 May 2019 159,021