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Company No: 07708795 (England and Wales)

FAMECHAIN LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2023
Pages for filing with the registrar

FAMECHAIN LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2023

Contents

FAMECHAIN LIMITED

COMPANY INFORMATION

For the financial year ended 31 July 2023
FAMECHAIN LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 July 2023
DIRECTORS Mr A J Kyle
Mrs H Kyle
REGISTERED OFFICE Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
BUSINESS ADDRESS 142B Above Town
Dartmouth
Devon
TQ6 9RH
COMPANY NUMBER 07708795 (England and Wales)
ACCOUNTANT Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
FAMECHAIN LIMITED

BALANCE SHEET

As at 31 July 2023
FAMECHAIN LIMITED

BALANCE SHEET (continued)

As at 31 July 2023
Note 2023 2022
£ £
Fixed assets
Intangible assets 3 1 1
1 1
Current assets
Debtors 4 0 2
Cash at bank and in hand 5 10,634 8,763
10,634 8,765
Creditors: amounts falling due within one year 6 ( 5,250) ( 2,152)
Net current assets 5,384 6,613
Total assets less current liabilities 5,385 6,614
Net assets 5,385 6,614
Capital and reserves
Called-up share capital 7 2 2
Profit and loss account 5,383 6,612
Total shareholders' funds 5,385 6,614

For the financial year ending 31 July 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of FameChain Limited (registered number: 07708795) were approved and authorised for issue by the Board of Directors on 30 October 2023. They were signed on its behalf by:

Mr A J Kyle
Director
FAMECHAIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
FAMECHAIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

FameChain Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom. The principal place of business is 142B Above Town, Dartmouth, Devon, TQ6 9RH.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Computer software not amortised
Financial instruments

The company holds the following financial instruments:
• Short term trade and other debtors and creditors;
• Cash and bank balances.
All financial instruments are classified as basic. The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to
another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Intangible assets

Computer software Total
£ £
Cost
At 01 August 2022 1 1
At 31 July 2023 1 1
Accumulated amortisation
At 01 August 2022 0 0
At 31 July 2023 0 0
Net book value
At 31 July 2023 1 1
At 31 July 2022 1 1

4. Debtors

2023 2022
£ £
Other debtors 0 2

5. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 10,634 8,763

6. Creditors: amounts falling due within one year

2023 2022
£ £
Taxation and social security 650 1,551
Other creditors 4,600 601
5,250 2,152

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2