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REGISTERED NUMBER: 04381724 (England and Wales)















Financial Statements for the Year Ended 31 December 2021

for

Group B Holdings Limited

Group B Holdings Limited (Registered number: 04381724)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Group B Holdings Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: Mr D J Bevan
Mrs J L Bevan





SECRETARY: Mrs J L Bevan





REGISTERED OFFICE: 436 - 438 Uxbridge Road
London
W12 0NS





REGISTERED NUMBER: 04381724 (England and Wales)





ACCOUNTANTS: Visionary Accountants
2 Adelaide Street
St Albans
Hertfordshire
AL3 5BH

Group B Holdings Limited (Registered number: 04381724)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Investments 4 102 102

CURRENT ASSETS
Debtors 5 52,522 50,000
Cash at bank 2,198 2,151
54,720 52,151
CREDITORS
Amounts falling due within one year 6 44,661 49,327
NET CURRENT ASSETS 10,059 2,824
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,161

2,926

CAPITAL AND RESERVES
Called up share capital 1 1
Capital redemption reserve (499,999 ) (499,999 )
Retained earnings 510,159 502,924
SHAREHOLDERS' FUNDS 10,161 2,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

Group B Holdings Limited (Registered number: 04381724)

Balance Sheet - continued
31 December 2021


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 September 2022 and were signed on its behalf by:





Mr D J Bevan - Director


Group B Holdings Limited (Registered number: 04381724)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Group B Holdings 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

Group accounts
The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2021
and 31 December 2021 102
NET BOOK VALUE
At 31 December 2021 102
At 31 December 2020 102

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Other debtors 52,522 50,000

Group B Holdings Limited (Registered number: 04381724)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Amounts owed to group undertakings 9,651 26,705
Other creditors 35,010 22,622
44,661 49,327

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £49,020 were paid to the directors .

During the year the company held a loan account with Group B Wholesale Limited. This company is fully controlled by Group B Holdings Limited. At the year end there was an amount due to Group B Wholesale Limited of £9,650 (2020 - £26,705). This loan is unsecured, interest free and repayable on demand.

During the year the company received dividends from Group B Wholesale Limited of £85,000 (2020 - £95,000).

During the year the directors of the company held loan accounts. At the year end the directors owed the company £764 (2020 - £10,539 owed to directors). These loans were unsecured, interest free and repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party rests with the directors of the company.