2020 AB Corporation Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11876152

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		49,710		60,175
Tangible Assets	5		207		207

			49,917		60,382
CURRENT ASSETS
Debtors	6	5,360		5,360
Investments	7	295,348		295,348
Cash at bank and in hand		4,982		184

		305,690		300,892
Creditors: Amounts Falling Due Within One Year	8	(216,228 )		(219,107 )

NET CURRENT ASSETS (LIABILITIES)			89,462		81,785

TOTAL ASSETS LESS CURRENT LIABILITIES			139,379		142,167

Creditors: Amounts Falling Due After More Than One Year	9		(217,473 )		(217,473 )

NET LIABILITIES			(78,094 )		(75,306 )

CAPITAL AND RESERVES
Called up share capital	10		1,000		1,000
Profit and Loss Account			(79,094 )		(76,306 )

SHAREHOLDERS' FUNDS			(78,094)		(75,306)

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2020 AB Corporation Limited

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Stanley Bembenek

Director

19/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

2020 AB Corporation Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11876152 . The registered office is 7 Honeysuckle Close, Pineridge, Crowthorne, Berkshire, RG45 6TR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% on cost

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 July 2024	104,652

As at 30 June 2025	104,652

Amortisation
As at 1 July 2024	44,477
Provided during the period	10,465

As at 30 June 2025	54,942

Net Book Value
As at 30 June 2025	49,710

As at 1 July 2024	60,175

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2020 AB Corporation Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 July 2024	821

As at 30 June 2025	821

Depreciation
As at 1 July 2024	614

As at 30 June 2025	614

Net Book Value
As at 30 June 2025	207

As at 1 July 2024	207

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	5,000	5,000
Due after more than one year
Amounts owed by associates	360	360

	5,360	5,360

7. Current Asset Investments

	2025	2024
	£	£
Shares in subsidiaries	295,348	295,348

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1	-
Accruals and deferred income	876	756
Directors' loan accounts	215,351	218,351

	216,228	219,107

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Amounts owed to subsidiaries	216,473	216,473
Amounts owed to associates	1,000	1,000

	217,473	217,473

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2020 AB Corporation Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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