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REGISTERED NUMBER: 11980217 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2022

FOR

8 CAPITAL (INTERNATIONAL) LIMITED

8 CAPITAL (INTERNATIONAL) LIMITED (REGISTERED NUMBER: 11980217)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


8 CAPITAL (INTERNATIONAL) LIMITED

COMPANY INFORMATION
for the year ended 31 May 2022







DIRECTOR: T W D Jessop





REGISTERED OFFICE: Magma House
16 Davy Court
Castle Mound Way
Rugby
Warwickshire
CV23 0UZ





REGISTERED NUMBER: 11980217 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
Magma House
16 Davy Court
Castle Mound Way
Rugby
CV23 0UZ

8 CAPITAL (INTERNATIONAL) LIMITED (REGISTERED NUMBER: 11980217)

BALANCE SHEET
31 May 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 4 500,000 -
Cash at bank 100 100
500,100 100
CREDITORS
Amounts falling due within one year 5 (500,000 ) -
NET CURRENT ASSETS 100 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

100

CAPITAL AND RESERVES
Called up share capital 100 100
100 100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 March 2024 and were signed by:





T W D Jessop - Director


8 CAPITAL (INTERNATIONAL) LIMITED (REGISTERED NUMBER: 11980217)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2022


1. STATUTORY INFORMATION

8 Capital (International) Limited is a limited company, registered in England and Wales. Its registered office address is included on the company information page and the registered number is 11980217.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company was dormant (within the meaning of section 480 of the Companies Act 2006) throughout the prior year.

The financial statements are presented in sterling rounded to the nearest £.

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at
transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Share capital
Ordinary shares are classified as equity.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 500,000 -

Other debtors comprise a loan with no fixed repayment date and has therefore been classified as due within one year.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other creditors 500,000 -

Other creditors comprise an interest free loan from a shareholder of the company which is considered repayable upon demand and has therefore been classified as due within one year. The shareholder has confirmed that they will not call for repayment of the loan until the company has sufficient resources to do so.