Registered number: 09711834 | ||||||||
FOR THE YEAR ENDED 31/07/2024 | ||||||||
Prepared By: | ||||||||
GT Accountants Limited | ||||||||
Unit 7, The Court House | ||||||||
72 Moorland Road, Burslem | ||||||||
Stoke on Trent | ||||||||
Staffs | ||||||||
ST6 1DY |
20-20 Management Enterprise Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/07/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Cheshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 09711834 | ||||||||
BANKERS | ||||||||
Starling Bank | ||||||||
ACCOUNTANTS | ||||||||
GT Accountants Limited | ||||||||
Unit 7, The Court House | ||||||||
72 Moorland Road, Burslem | ||||||||
Stoke on Trent | ||||||||
Staffs | ||||||||
ST6 1DY |
20-20 Management Enterprise Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/07/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 |
20-20 Management Enterprise Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
18,160 | 53,351 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 30,296 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 34,655 | 42,785 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 9 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 10 | |||||||||
Profit and loss account | 235 | 26,932 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
Director | ||||||||||
20-20 Management Enterprise Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/07/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | straight line 20% | |||||||
Motor Cars | reducing balance 25% |
1c. Government Grants | ||||||||
Government grants are recognised in profit and loss in the year in which they are received. |
1d. Turnover | ||||||||
Turnover represents the of services supplied by the company, net of value added tax and trade discounts. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
20-20 Management Enterprise Ltd | ||||||||
3. INTANGIBLE FIXED ASSETS | ||||
Patents | Total | |||
£ | £ | |||
Cost | ||||
At 01/08/2023 | 15,000 | 15,000 | ||
At 31/07/2024 | 15,000 | 15,000 | ||
Amortisation | ||||
At 01/08/2023 | 15,000 | 15,000 | ||
At 31/07/2024 | 15,000 | 15,000 | ||
Net Book Amounts | ||||
At 31/07/2024 | - | - | ||
4. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery Etc. | Total | |||
£ | £ | |||
Cost | ||||
At 01/08/2023 | 70,278 | 70,278 | ||
Additions | 625 | 625 | ||
At 31/07/2024 | 70,903 | 70,903 | ||
Depreciation | ||||
At 01/08/2023 | 21,487 | 21,487 | ||
For the year | 11,620 | 11,620 | ||
At 31/07/2024 | 33,107 | 33,107 | ||
Net Book Amounts | ||||
At 31/07/2024 | 37,796 | 37,796 | ||
At 31/07/2023 | 48,791 | 48,791 | ||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | - | 7,257 | ||||||
VAT | 1,503 | 735 | ||||||
Other debtors | 15,197 | 44,497 | ||||||
16,700 | 52,489 | |||||||
20-20 Management Enterprise Ltd | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 4,036 | 12,912 | ||||||
PAYE control | 19 | 13 | ||||||
Hire purchase | 8,130 | 8,130 | ||||||
Accruals | 1,600 | 2,000 | ||||||
13,785 | 23,055 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Other creditors | 34,655 | 42,785 | ||||||
34,655 | 42,785 | |||||||
Included in other creditors are: | ||||||||
Obligations under hire purchase | 34,655 | 42,785 | ||||||
8. SECURED CREDITORS | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Amount of other creditors which are secured | 42,785 | 50,915 | ||||||
9. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 7,181 | 9,270 | ||||||
7,181 | 9,270 | |||||||
20-20 Management Enterprise Ltd | ||||||||
10. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||