2023-01-01 2023-12-31 false No description of principal activity Capium Accounts Production 1.1 12146641 bus:FullAccounts 2023-01-01 2023-12-31 12146641 bus:FRS102 2023-01-01 2023-12-31 12146641 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12146641 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12146641 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12146641 2023-01-01 2023-12-31 12146641 2023-12-31 12146641 bus:RegisteredOffice 2023-01-01 2023-12-31 12146641 core:WithinOneYear 2023-12-31 12146641 core:AfterOneYear 2023-12-31 12146641 bus:Director1 2023-01-01 2023-12-31 12146641 bus:Director1 2023-12-31 12146641 bus:Director1 2022-01-01 2022-12-31 12146641 bus:Director2 2023-01-01 2023-12-31 12146641 bus:Director2 2023-12-31 12146641 bus:Director2 2022-01-01 2022-12-31 12146641 bus:Director3 2023-01-01 2023-12-31 12146641 bus:Director3 2023-12-31 12146641 bus:Director3 2022-01-01 2022-12-31 12146641 2022-01-01 12146641 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 12146641 2022-01-01 2022-12-31 12146641 2022-12-31 12146641 core:WithinOneYear 2022-12-31 12146641 core:AfterOneYear 2022-12-31 12146641 bus:EntityAccountantsOrAuditors 2022-01-01 2022-12-31 12146641 core:NetGoodwill 2023-01-01 2023-12-31 12146641 core:NetGoodwill 2023-12-31 12146641 core:NetGoodwill 2022-12-31 12146641 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 12146641 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 12146641 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-12-31 12146641 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 12146641 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 12146641 core:Non-currentFinancialInstruments 2023-12-31 12146641 core:Non-currentFinancialInstruments 2022-12-31 12146641 core:ShareCapital 2023-12-31 12146641 core:ShareCapital 2022-12-31 12146641 core:SharePremium 2023-12-31 12146641 core:SharePremium 2022-12-31 12146641 core:RetainedEarningsAccumulatedLosses 2023-12-31 12146641 core:RetainedEarningsAccumulatedLosses 2022-12-31 12146641 dpl:Item1 2023-01-01 12146641 dpl:Item1 2023-12-31 12146641 dpl:Item1 2022-01-01 12146641 dpl:Item1 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12146641
England and Wales

 

 

 

2020 HOLDINGS LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 January 2023

End date: 31 December 2023
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Intangible fixed assets 3 75,778    79,978 
Investments 4 3,023,855    3,023,855 
3,099,633    3,103,833 
Current assets      
Debtors 5 821,969    762,701 
Cash at bank and in hand 75,000   
896,969    762,701 
Creditors: amount falling due within one year 6 (2,343,582)   (2,209,314)
Net current assets (1,446,613)   (1,446,613)
 
Total assets less current liabilities 1,653,020    1,657,220 
Net assets 1,653,020    1,657,220 
 

Capital and reserves
     
Called up share capital 6,532    6,532 
Share premium account 7 1,253,468    1,253,468 
Profit and loss account 393,020    397,220 
Shareholders' funds 1,653,020    1,657,220 
 


For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 23 July 2024 and were signed on its behalf by:


-------------------------------
C R Crome
Director
1
General Information
2020 Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 12146641, registration address The Old Bakery, Hyde End Lane , Brimpton, Berkshire, RG7 4RH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Group accounts
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Going concern
The accounts are prepared on a going concern basis. The use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.

If there is an indication that there has been a significant change in amortisation rate or residual value of an asset, the amortisation of that asset is revised prospectively to reflect the new expectations.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Debtors
Short term debtors are measured at transaction price less any impairment. Loans receivable are measured at initially at fair value, net of transaction costs, and are measured subsequently at amortised costs using the effective interest method.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised costs using the effective interest method.
2.

Average number of employees

Average number of employees during the year was 3 (2022 : 3).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 January 2023 84,004    84,004 
Additions  
Disposals  
At 31 December 2023 84,004    84,004 
Amortisation
At 01 January 2023 4,026    4,026 
Charge for year 4,200    4,200 
On disposals  
At 31 December 2023 8,226    8,226 
Net book values
At 31 December 2023 75,778    75,778 
At 31 December 2022 79,978    79,978 


4.

Investments

Cost Investments in group undertakings   Total
  £   £
At 01 January 2023 3,023,855    3,023,855 
Additions  
Transfer to/from tangible fixed assets  
Disposals  
At 31 December 2023 3,023,855    3,023,855 

5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Amount Owed by Group Undertakings 188,535    129,267 
Other Debtors 633,434    633,434 
821,969    762,701 

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Amounts Owed to Group Undertakings 358,572    618,814 
Other Creditors 570,000    400,000 
Directors' Current Accounts 1,415,010    1,190,500 
2,343,582    2,209,314 

7.

Share premium account

2023
£
  2022
£
Equity Share Premium b/fwd 1,253,468    1,253,468 
1,253,468    1,253,468 

2