TWENTY-SEVEN ENTERPRISES LIMITED

TWENTY-SEVEN ENTERPRISES LIMITED

TWENTY-SEVEN ENTERPRISES LIMITED - Company Information

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TWENTY-SEVEN ENTERPRISES LIMITED

Company Registration Number:
SC458480 (Scotland)

Unaudited abridged accounts for the year ended 30 September 2017

Period of accounts

Start date: 01 October 2016

End date: 30 September 2017

TWENTY-SEVEN ENTERPRISES LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2017

Balance sheet
Notes

TWENTY-SEVEN ENTERPRISES LIMITED

Balance sheet

As at 30 September 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 3 60,789 60,223
Total fixed assets: 60,789 60,223
Current assets
Stocks: 102,847 64,688
Debtors:   25,983 20,092
Cash at bank and in hand: 55,327 37,461
Total current assets: 184,157 122,241
Creditors: amounts falling due within one year:   (45,939) (77,627)
Net current assets (liabilities): 138,218 44,614
Total assets less current liabilities: 199,007 104,837
Creditors: amounts falling due after more than one year:   (12,271) (6,164)
Total net assets (liabilities): 186,736 98,673
Capital and reserves
Called up share capital: 12 12
Profit and loss account: 186,724 98,661
Shareholders funds: 186,736 98,673

The notes form part of these financial statements

TWENTY-SEVEN ENTERPRISES LIMITED

Balance sheet statements

For the year ending 30 September 2017 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 28 June 2018
and signed on behalf of the board by:

Name: Mrs Emma Tulloch
Status: Director

The notes form part of these financial statements

TWENTY-SEVEN ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable excluding discounts, rebates VAT and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:Computer equipment 25% per annumFixtures and fittings 15% per annumPlant and machinery 20% per annum

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.

TWENTY-SEVEN ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

2. Employees

2017 2016
Average number of employees during the period 20 16

TWENTY-SEVEN ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2017

3. Tangible Assets

Total
Cost £
At 01 October 2016 75,669
Additions 14,487
At 30 September 2017 90,156
Depreciation
At 01 October 2016 15,446
Charge for year 13,921
At 30 September 2017 29,367
Net book value
At 30 September 2017 60,789
At 30 September 2016 60,223