10 EIGHTY LIMITED


10 EIGHTY LIMITED

Company Registration Number:
07878179 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2020

Period of accounts

Start date: 01 June 2019

End date: 31 May 2020

10 EIGHTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2020

Balance sheet
Notes

10 EIGHTY LIMITED

Balance sheet

As at 31 May 2020


Notes

2020

2019


£

£
Fixed assets
Tangible assets: 3 2,926 3,235
Investments: 4 21,663 21,663
Total fixed assets: 24,589 24,898
Current assets
Debtors:   212,521 225,350
Cash at bank and in hand: 296,375 110,648
Total current assets: 508,896 335,998
Creditors: amounts falling due within one year:   (279,662) (226,581)
Net current assets (liabilities): 229,234 109,417
Total assets less current liabilities: 253,823 134,315
Total net assets (liabilities): 253,823 134,315
Capital and reserves
Called up share capital: 1,600 1,600
Share premium account: 109,768 109,768
Profit and loss account: 142,455 22,947
Shareholders funds: 253,823 134,315

The notes form part of these financial statements

10 EIGHTY LIMITED

Balance sheet statements

For the year ending 31 May 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 24 November 2020
and signed on behalf of the board by:

Name: Nicholas Lawson
Status: Director

The notes form part of these financial statements

10 EIGHTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

10 EIGHTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

2. Employees

2020 2019
Average number of employees during the period 6 6

10 EIGHTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

3. Tangible Assets

Total
Cost £
At 01 June 2019 10,391
Additions 1,123
At 31 May 2020 11,514
Depreciation
At 01 June 2019 7,156
Charge for year 1,432
At 31 May 2020 8,588
Net book value
At 31 May 2020 2,926
At 31 May 2019 3,235

10 EIGHTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2020

4. Fixed investments

The investments are ordinary shares in a private company and are carried at cost.