2020X LIMITED


Directors	M G Allin
	C Calvo-Couto


Company Secretary	C Calvo-Couto


Registered Address	79 Poulters Lane
	Worthing
	BN14 7SX


Registered Number	08628411 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		34		43
			34		43
Current assets
Debtors	4	150		150
Cash at bank and on hand		47		159
		197		309
Creditors amounts falling due within one year	5	(2,110)		(758)
Net current assets (liabilities)			(1,913)		(449)
Total assets less current liabilities			(1,879)		(406)
Accruals and deferred income			(414)		(414)
Net assets			(2,293)		(820)
Capital and reserves
Called up share capital			5		5
Profit and loss account			(2,298)		(825)
Shareholders' funds			(2,293)		(820)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 16 October 2025, and are signed on its behalf by:

M G Allin
Director
Registered Company No. 08628411

2020X LIMITED

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	After reviewing the company's forecasts and projections, 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 of accounting in preparing its financial statements.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Office Equipment	20

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 August 24	14,681	14,681
At 31 July 25	14,681	14,681
Depreciation and impairment
At 01 August 24	14,638	14,638
Charge for year	9	9
At 31 July 25	14,647	14,647
Net book value
At 31 July 25	34	34
At 31 July 24	43	43

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	150	150
Total	150	150

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	2,110	758
Total	2,110	758

6.	Controlling party
	The company is controlled by its director, M Allin, by virtue of his majority ownership of the issued share capital.