8013B Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12245974 (England and Wales)

8013B LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

7 OCTOBER 2019 TO 31 OCTOBER 2020

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

D G Hallam

Mrs R Hallam

REGISTERED OFFICE:

Newton Court,Saxilby Enterprise Park

Skellingthorpe Road

Saxilby

Lincoln

Lincolnshire

LN1 2LR

REGISTERED NUMBER:

12245974 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Investments

4

3,739,836

CURRENT ASSETS

Debtors

5

173,901

Cash at bank

108

174,009

CREDITORS

Amounts falling due within one year

6

4,622,868

NET CURRENT LIABILITIES

(4,448,859

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(709,023

)

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

(709,123

)

SHAREHOLDERS' FUNDS

(709,023

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2021 and were signed on its behalf by:

D G Hallam - Director

1.	STATUTORY INFORMATION

8013B Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the statement of financial position date using the closing quoted market price.The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.Short term deposits represent investments in bank term deposits maturing within one year.

Going concern

During the period to 31 October 2020 the company sustained a loss of £709,123 and at that date its liabilities exceeded its assets by £709,023. The company is reliant upon the ongoing support of its directors. The directors considers the going concern basis of accounting to be appropriate for the business and in these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

4,653,284

Revaluations

(913,448

)

At 31 October 2020

3,739,836

NET BOOK VALUE

At 31 October 2020

3,739,836

Cost or valuation at 31 October 2020 is represented by:

Other

investments

£

Valuation in 2020

(913,448

)

Cost

4,653,284

3,739,836

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

173,901

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

4,622,868

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary Class A

£1

100

100 Ordinary Class A shares of £1 each were allotted and fully paid for cash at par during the period.