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Registered number: 12684190
Greybeard Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Paradox Business Consultancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12684190
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 481 962
Investments 5 167,280 100,506
167,761 101,468
CURRENT ASSETS
Debtors 6 31,902 (18,869 )
Cash at bank and in hand 96 34,645
31,998 15,776
Creditors: Amounts Falling Due Within One Year 7 (133,253 ) (116,582 )
NET CURRENT ASSETS (LIABILITIES) (101,255 ) (100,806 )
TOTAL ASSETS LESS CURRENT LIABILITIES 66,506 662
NET ASSETS 66,506 662
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 66,505 661
SHAREHOLDERS' FUNDS 66,506 662
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 Simon Osman
Director
19/03/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Greybeard Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12684190 . The registered office is Rubine House, Manor Road, Haverhill, Suffolk, CB9 0EP.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 33.33% straight line
2.5. Financial Instruments
Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are
remeasured to market value at each balance sheet date. Gains and losses on remeasurement are
recognised in the Profit and Loss Account for the period. Where market value cannot be reliably
determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each Balance Sheet date.
Gains and losses on remeasurement are recognised in profit or loss for the period.
2.6. 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.
...CONTINUED
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2.6. Taxation - continued
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.7. Interest Income
Interest income is recognised in profit or loss using the effective interest method.
2.8. Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are
measured initially at fair value, net of transaction costs, and are measured subsequently at
amortised cost using the effective interest method, less any impairment.
2.9. Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
Investments in unlisted Company shares, whose market value can be reliably determined, are
remeasured to market value at each balance sheet date. Gains and losses on remeasurement are
recognised in the Profit and Loss Account for the period. Where market value cannot be reliably
determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each Balance Sheet date.
Gains and losses on remeasurement are recognised in profit or loss for the period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 July 2023 1,443
As at 30 June 2024 1,443
Depreciation
As at 1 July 2023 481
Provided during the period 481
As at 30 June 2024 962
Net Book Value
As at 30 June 2024 481
As at 1 July 2023 962
Page 4
Page 5
5. Investments
Listed Unlisted Other Total
£ £ £ £
Cost
As at 1 July 2023 - 39 100,467 100,506
Additions 66,774 - - 66,774
As at 30 June 2024 66,774 39 100,467 167,280
Provision
As at 1 July 2023 - - - -
As at 30 June 2024 - - - -
Net Book Value
As at 30 June 2024 66,774 39 100,467 167,280
As at 1 July 2023 - 39 100,467 100,506
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 31,726 (18,869 )
Other debtors 6 -
VAT 170 -
31,902 (18,869 )
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 759 1
Other loans 100,000 100,000
Corporation tax 32,116 613
Other taxes and social security 340 -
Other creditors 38 38
Directors' loan accounts - 15,930
133,253 116,582
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
The Directors have provided an interest free, repayable on demand loan to the company of £15,930.
The company has provided a loan to a related company of £100,467 due to be repaid in 2025. 10% interest is being charged.
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