for the Period Ended 30 September 2024
| Company Information - 3 | |
| Report of the Directors - 4 | |
| Profit and Loss Account - 5 | |
| Balance sheet - 6 | |
| Additional notes - 8 | |
| Balance sheet notes - 11 |
for the Period Ended 30 September 2024
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| Secretary: |
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| Registered office: |
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The directors present their report with the financial statements of the company for the period ended 30 September 2024
Principal Activities
Political and charitable donations
Company policy on the employment of disabled persons
Additional information
The company was Incorporated on 30th May 2002. Activities The company started out as a management holding company which aimed to launch a new venture in the sports and gaming world. As part of this aim, the Company tried to take over a well-known company in the field during 2003 but was unable to complete the deal. This failure was subject to litigation that was, for a time, the Company's sole remaining activity. Conclusion of Legal Action Following the failure by the Company to secure the purchase of Zetters International Pools Limited from Zetters Group plc (now renamed IFX Group plc), the company took legal action to reclaim the costs of the aborted takeover under the exclusivity agreement signed by both parties at the time of the negotiations. After much discussion between the parties, the directors eventually agreed a settlement out of court on behalf of the Company. The settlement was paid to the Company in December 2003. The Company has not generated any income since but has invested some of its funds in two companies. One of these companies operates in the Financial Services field and the other provides systems to agencies for eprocurement. The Company has incurred costs during the legal action and for general running. Although the Company's original main aim has been thwarted, it has been decided by the directors that the Company will remain, for the foreseeable future, as a management and investment holding company. The company's only remaining purpose was as a long term holder of just two investments - one of which was redeemed during 2021 at a loss.
Directors
The directors shown below have held office during the whole of the period from 01 October 2023 to 30 September 2024
Secretary
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 30 September 2024
Notes |
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| Turnover |
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| Cost of sales |
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| Gross Profit or (Loss) |
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| Income from coronavirus (COVID-19) business support grants | 0 | 0 | |
| Distribution Costs |
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| Administrative Expenses |
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| Operating Profit or (Loss) |
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| Profit or (Loss) Before Tax |
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| Profit or (Loss) for Period |
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The notes form part of these financial statements
As at
Notes |
2024 £ |
2023 £ |
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| Fixed assets | |||
| Tangible assets: | 4 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 5 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 6 |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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The notes form part of these financial statements
As at 30 September 2024
Notes |
2024 £ |
2023 £ |
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| Capital and reserves | |||
| Called up share capital: |
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| Profit and loss account: |
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| Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 September 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
Valuation information and policy
for the Period Ended 30 September 2024
2024 |
2023 |
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| Average number of employees during the period |
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It is the company's policy to give employment to disabled persons wherever practicable. At present the company does not have any employees.
for the Period Ended 30 September 2024
for the Period Ended 30 September 2024
| Fixtures & fittings | Total | |
|---|---|---|
| Cost | £ | £ |
| At 01 October 2023 | - | - |
| Additions | - | - |
| Disposals | - | - |
| Revaluations | - | - |
| Transfers | - | - |
| At 30 September 2024 | - | - |
| Depreciation | ||
| At 01 October 2023 | - | - |
| Charge for year | - | - |
| On disposals | - | - |
| Other adjustments | - | - |
| At 30 September 2024 | - | - |
| Net book value | ||
| At 30 September 2024 | - | - |
| At 30 September 2023 | - | - |
for the Period Ended 30 September 2024
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2023 £ |
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| Other debtors |
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| Total |
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for the Period Ended 30 September 2024
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2023 £ |
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| Trade creditors |
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| Other creditors |
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| Total |
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