TWS (GB) Limited

TWS (GB) Limited

TWS (GB) LIMITED - Company Information

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1 December 2020 false No description of principal activity Taxfiler 2022.8.3 03839016business:PrivateLimitedCompanyLtd2020-12-012021-11-30 038390162020-11-30 038390162020-12-012021-11-30 03839016business:AuditExemptWithAccountantsReport2020-12-012021-11-30 03839016business:FullAccounts2020-12-012021-11-30 038390162021-11-30 03839016business:Director12020-12-012021-11-30 03839016business:Director22020-12-012021-11-30 03839016business:Director32020-12-012021-11-30 038390162020-11-30 03839016core:WithinOneYear2021-11-30 03839016core:WithinOneYear2020-11-30 03839016core:AfterOneYear2021-11-30 03839016core:AfterOneYear2020-11-30 03839016core:ShareCapital2021-11-30 03839016core:ShareCapital2020-11-30 03839016core:RetainedEarningsAccumulatedLosses2021-11-30 03839016core:RetainedEarningsAccumulatedLosses2020-11-30 03839016business:SmallEntities2020-12-012021-11-30 03839016countries:EnglandWales2020-12-012021-11-30 03839016core:MotorVehicles2020-11-30 03839016core:FurnitureFittings2020-11-30 03839016core:ComputerEquipment2020-11-30 03839016core:MotorVehicles2020-12-012021-11-30 03839016core:FurnitureFittings2020-12-012021-11-30 03839016core:ComputerEquipment2020-12-012021-11-30 03839016core:MotorVehicles2021-11-30 03839016core:FurnitureFittings2021-11-30 03839016core:ComputerEquipment2021-11-30 038390162019-12-012020-11-30 iso4217:GBP xbrli:pure
Company Registration No. 03839016 (England and Wales)
TWS (GB) Limited Unaudited accounts for the year ended 30 November 2021
TWS (GB) Limited Unaudited accounts Contents
Page
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TWS (GB) Limited Company Information for the year ended 30 November 2021
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 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
22,634 
11,817 
Current assets
Inventories
639,182 
485,847 
Debtors
5
198,342 
200,183 
Cash at bank and in hand
180,290 
235,453 
1,017,814 
921,483 
Creditors: amounts falling due within one year
6
(386,054)
(460,617)
Net current assets
631,760 
460,866 
Total assets less current liabilities
654,394 
472,683 
Creditors: amounts falling due after more than one year
7
(39,186)
(137,496)
Net assets
615,208 
335,187 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
615,204 
335,183 
Shareholders' funds
615,208 
335,187 
For the year ending 30 November 2021 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 5 June 2022 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 2021
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 2020
20,045 
23,732 
3,335 
47,112 
Additions
17,792 
- 
- 
17,792 
At 30 November 2021
37,837 
23,732 
3,335 
64,904 
Depreciation
At 1 December 2020
14,440 
19,469 
1,386 
35,295 
Charge for the year
5,849 
639 
487 
6,975 
At 30 November 2021
20,289 
20,108 
1,873 
42,270 
Net book value
At 30 November 2021
17,548 
3,624 
1,462 
22,634 
At 30 November 2020
5,605 
4,263 
1,949 
11,817 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
198,342 
200,183 
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TWS (GB) Limited Notes to the Accounts for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
47,947 
131,194 
Trade creditors
22,964 
27,040 
Taxes and social security
121,141 
112,775 
Other creditors
181,684 
179,701 
Accruals
12,318 
9,907 
386,054 
460,617 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
- 
50,000 
Loans from directors
39,186 
87,496 
39,186 
137,496 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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