TWICEMOST LIMITED

Company Registration Number:
02844842 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2018

Period of accounts

Start date: 01 August 2017

End date: 31 July 2018

TWICEMOST LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2018

Balance sheet
Notes

TWICEMOST LIMITED

Balance sheet

As at 31 July 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 88,552 109,733
Investments:   0 0
Total fixed assets: 88,552 109,733
Current assets
Stocks: 0 0
Debtors:   12,032 12,396
Cash at bank and in hand: 4,090 2,656
Investments:   0 0
Total current assets: 16,122 15,052
Creditors: amounts falling due within one year:   (7,133) (13,168)
Net current assets (liabilities): 8,989 1,884
Total assets less current liabilities: 97,541 111,617
Creditors: amounts falling due after more than one year: 4 (241,466) (258,859)
Total net assets (liabilities): (143,925) (147,242)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (144,025) (147,342)
Shareholders funds: (143,925) (147,242)

The notes form part of these financial statements

TWICEMOST LIMITED

Balance sheet statements

For the year ending 31 July 2018 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 30 April 2019
and signed on behalf of the board by:

Name: Martin Matthews
Status: Director

The notes form part of these financial statements

TWICEMOST LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

1. Accounting policies

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

TWICEMOST LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

2. Employees

2018 2017
Average number of employees during the period 0 0

TWICEMOST LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

3. Tangible Assets

Total
Cost £
At 01 August 2017 314,291
Additions 450
Disposals (38,995)
Revaluations 0
Transfers 0
At 31 July 2018 275,746
Depreciation
At 01 August 2017 204,558
Charge for year 14,845
On disposals (32,209)
At 31 July 2018 187,194
Net book value
At 31 July 2018 88,552
At 31 July 2017 109,733

TWICEMOST LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

4. Creditors: amounts falling due after more than one year note

Secured LoansThe loan from the parent company is secured on the assets of the company and is repayable on demand. The parent company has waived its right to repayment at less than 12 months notice. The loan currently carries an interest rate of 2.5% (2017: 2.5%)

TWICEMOST LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

5. Related party transactions

During the year no transactions occurred with any related parties other than the parent company. These figures have not been disclosed, in accordance with exemptions provided by FRS102 section 33.1AThe ultimate parent company is Hethersett Old Hall School Limited (limited by guarantee) which is incorporated in England. The registered office of the parent company is Hethersett Old Hall School, Hethersett, Norwich, NR9 3DW.