Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01truetrueHolding of intellectual property11false 12955399 2024-01-01 2024-12-31 12955399 2023-01-01 2023-12-31 12955399 2024-12-31 12955399 2023-12-31 12955399 c:Director1 2024-01-01 2024-12-31 12955399 d:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 12955399 d:ShareCapital 2024-12-31 12955399 d:ShareCapital 2023-12-31 12955399 c:OrdinaryShareClass1 2024-01-01 2024-12-31 12955399 c:OrdinaryShareClass1 2024-12-31 12955399 c:OrdinaryShareClass1 2023-12-31 12955399 c:EntityHasNeverTraded 2024-01-01 2024-12-31 12955399 c:FRS102 2024-01-01 2024-12-31 12955399 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12955399 c:FullAccounts 2024-01-01 2024-12-31 12955399 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12955399 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 12955399














80 INDUSTRIES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
80 INDUSTRIES LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 3

 
80 INDUSTRIES LIMITED
REGISTERED NUMBER:12955399

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
  
100
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
 3 
100
100

  
100
100


For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 February 2025.




B M Colas
Director

The notes on pages 2 to 3 form part of these financial statements.
Page 1

 
80 INDUSTRIES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

80 Industries Limited is a private limited company registered in England & Wales. Its registered office address is at 2 Jubilee Place, London, United Kingdom, SW3 3TQ.
The company was dormant throughout the year. Previously the principal activity of the company was that of the creation, acquisition, management, and licensing of intellectual property assets.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Intellectual property
-
10
years

 
2.4

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors and cash and cash equivalents.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors.
Cash and cash equivalents comprise of cash in hand.
 

Page 2

 
80 INDUSTRIES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



4.


Controlling party

The company's immediate parent undertaking is 80 Limited, a company registered in Guernsey. The ultimate parent undertaking is 81 Limited, a company registered in Guernsey.

Page 3