Genuine Fakes Holdings Limited 13963659 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of a holding company for its wholly owned subsidiaries Digita Accounts Production Advanced 6.30.9574.0 true true 13963659 2023-01-01 2023-12-31 13963659 2023-12-31 13963659 core:RetainedEarningsAccumulatedLosses 2023-12-31 13963659 core:ShareCapital 2023-12-31 13963659 core:CurrentFinancialInstruments 2023-12-31 13963659 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 13963659 bus:SmallEntities 2023-01-01 2023-12-31 13963659 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13963659 bus:FullAccounts 2023-01-01 2023-12-31 13963659 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13963659 bus:RegisteredOffice 2023-01-01 2023-12-31 13963659 bus:Director1 2023-01-01 2023-12-31 13963659 bus:Director2 2023-01-01 2023-12-31 13963659 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13963659 countries:EnglandWales 2023-01-01 2023-12-31 13963659 2022-03-08 2022-12-31 13963659 2022-12-31 13963659 core:RetainedEarningsAccumulatedLosses 2022-12-31 13963659 core:ShareCapital 2022-12-31 13963659 core:CurrentFinancialInstruments 2022-12-31 13963659 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 13963659

Genuine Fakes Holdings Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Genuine Fakes Holdings Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Genuine Fakes Holdings Limited

(Registration number: 13963659)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

100

100

Cash at bank and in hand

 

101,462

148,486

 

101,562

148,586

Creditors: Amounts falling due within one year

5

(103,136)

(148,966)

Net liabilities

 

(1,574)

(380)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(1,674)

(480)

Shareholders' deficit

 

(1,574)

(380)

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 September 2024 and signed on its behalf by:
 

.........................................
Mrs Rosemary Jane Myatt
Director

.........................................
Mr John Lawrence Myatt
Director

 

Genuine Fakes Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Middle Farm
Eccleshall
Stafford
Staffordshire
ST21 6NT
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the directors. The directors consider that these facilities will continue to be made available to the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.

 

Genuine Fakes Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Debtors

Current

2023
£

2022
£

Other debtors

100

100

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

102,326

148,486

Accruals and deferred income

 

810

480

 

103,136

148,966