Company Registration No. 13707757 (England and Wales)
20Five Holdings Limited
Unaudited accounts
for the year ended 31 October 2024
20Five Holdings Limited
Unaudited accounts
Contents
20Five Holdings Limited
Company Information
for the year ended 31 October 2024
Directors
Matthew McEntegart
Liam McEntegart
Alma Donohoe
Company Number
13707757 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
20Five Holdings Limited
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
110,009
44,000
Creditors: amounts falling due within one year
(308,542)
(76,100)
Net current assets/(liabilities)
258,057
(1,100)
Called up share capital
2,793
2,272
Profit and loss account
(17,121)
(1,101)
Shareholders' funds
260,328
1,171
For the year ending 31 October 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by
Matthew McEntegart
Director
Company Registration No. 13707757
20Five Holdings Limited
Notes to the Accounts
for the year ended 31 October 2024
20Five Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 13707757. The registered office is 20-22 Wenlock Road, London, N1 7GU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in subsidiaries and associates are shown at cost less accumulated impairment. At each balance sheet date, the investment is assessed for indicators of impairment and where there are indicators of impairment, recoverable amount is assessed. If recoverable amount is less than carrying amount, the investment is written down to recoverable amount by way of an impairment loss which is recognised in profit or loss.
The company meets its day-to-day working capital requirements through its bank facilities and shareholder funding. The company's forecasts and projections, taking into account all available information about the future, which is at least, but not limited to, twelve months from the date when these financial statements are authorised for issue, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
4
Investments
Subsidiary undertakings
Valuation at 1 November 2023
2,271
Valuation at 31 October 2024
2,271
The company holds 100% of the Ordinary share capital of Roam Foods Limited, a company incorporated in England whose nature of business is the development and sale of food products.
The company holds 100% of the Ordinary share capital of Holos Performance Limited, a company incorporated in England whose nature of business is health and fitness coaching.
The company does not produce consolidated accounts and the trading results of the above entity is not included in these financial statements.
20Five Holdings Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
456,590
31,000
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
1,100
1,100
Other creditors
299,678
75,000
7
Transactions with related parties
At the year end the Company held loan advances due to and from subsidiary companies. Such balances are unsecured, interest-free, have no fixed date of repayment and are repayable on demand.
8
Post balance sheet events
On 20th November 2024 the company alloted and issued 558 Ordinary A shares for a cash consideration of £299,678.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).