Acorah Software Products - Accounts Production 16.1.300 false true false 20 March 2025 30 June 2023 31 March 2024 31 March 2024 14971261 Mr Vikram Handa Mr Imtiaz Kathawalla Mr Pavan Trivedi Epsilon Advanced Materials Pvt. Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14971261 2023-06-29 14971261 2024-03-31 14971261 2023-06-30 2024-03-31 14971261 frs-core:CurrentFinancialInstruments 2024-03-31 14971261 frs-core:ShareCapital 2024-03-31 14971261 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14971261 frs-bus:PrivateLimitedCompanyLtd 2023-06-30 2024-03-31 14971261 frs-bus:FilletedAccounts 2023-06-30 2024-03-31 14971261 frs-bus:SmallEntities 2023-06-30 2024-03-31 14971261 frs-bus:Audited 2023-06-30 2024-03-31 14971261 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-30 2024-03-31 14971261 1 2023-06-30 2024-03-31 14971261 frs-core:CostValuation 2023-06-29 14971261 frs-core:AdditionsToInvestments 2024-03-31 14971261 frs-core:CostValuation 2024-03-31 14971261 frs-core:ProvisionsForImpairmentInvestments 2023-06-29 14971261 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 14971261 frs-bus:Director1 2023-06-30 2024-03-31 14971261 frs-bus:Director2 2023-06-30 2024-03-31 14971261 frs-bus:Director3 2023-06-30 2024-03-31 14971261 frs-countries:EnglandWales 2023-06-30 2024-03-31
Registered number: 14971261
Genki Holdings Ltd
Financial Statements
For the Period 30 June 2023 to 31 March 2024
Baadal Accountancy Ltd
Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14971261
31 March 2024
Notes £ £
FIXED ASSETS
Investments 4 476,632
476,632
CURRENT ASSETS
Debtors 5 865
Cash at bank and in hand 8,018
8,883
Creditors: Amounts Falling Due Within One Year 6 (4,201 )
NET CURRENT ASSETS (LIABILITIES) 4,682
TOTAL ASSETS LESS CURRENT LIABILITIES 481,314
NET ASSETS 481,314
CAPITAL AND RESERVES
Called up share capital 7 485,000
Profit and Loss Account (3,686 )
SHAREHOLDERS' FUNDS 481,314
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Pavan Trivedi
Director
20/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Genki Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14971261 . The registered office is Premier Business House, CO:Baadal, 43-45 Sanders Rd, Finedon Rd Ind Estate, Wellingborough, Northamptonshire, NN8 4NL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Investments
Subsidiaries
£
Cost
As at 30 June 2023 -
Additions 476,632
As at 31 March 2024 476,632
Provision
As at 30 June 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 476,632
As at 30 June 2023 -
Page 2
Page 3
5. Debtors
31 March 2024
£
Due within one year
Deferred tax current asset 865
865
6. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Trade creditors 1
Accruals and deferred income 4,200
4,201
7. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 485,000
8. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
9. Ultimate Controlling Party
The company's ultimate controlling party is Epsilon Advanced Materials Pvt. Ltd by virtue of its ownership of 100% of the issued share capital in the company.
10. Audit Information
The auditor's report on the accounts of Genki Holdings Ltd for the period ended 31 March 2024 was unqualified.
The auditor's report was signed by Thomas McManners BSc ACA ACMI (Senior Statutory Auditor) for and on behalf of TTCA Ltd , Statutory Auditor.
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