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Registration number: 09522346

Replica Group Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2025

 

Replica Group Limited

Contents
__________________________________________________________________________

Company Information

1

Profit and Loss Account

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 9

 

Replica Group Limited

Company Information
__________________________________________________________________________

Director

Mrs L Senior

Registered office

342 Regents Park Road
Finchley
London
N3 2LJ


 

Accountants

Brooks Green
Chartered AccountantsAbbey House
342 Regents Park Road
London
N3 2LJ

 

Replica Group Limited

Profit and Loss Account for the Year Ended 28 February 2025
__________________________________________________________________________

Note

2025
£

2024
£

Turnover

 

72,000

72,000

Administrative expenses

 

(2,774)

(1,710)

Operating profit

 

69,226

70,290

Other interest receivable and similar income

 

1,447

761

Interest payable and similar charges

 

(8,362)

(11,648)

 

(6,915)

(10,887)

Profit before tax

62,311

59,403

Taxation

 

(14,643)

(13,648)

Profit for the financial year

 

47,668

45,755

Retained earnings brought forward

 

656,685

620,930

Dividends paid

 

(20,000)

(10,000)

Retained earnings carried forward

 

684,353

656,685

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Replica Group Limited

(Registration number: 09522346)
Balance Sheet as at 28 February 2025
__________________________________________________________________________

Note

2025
£

2024
£

           

Fixed assets

   

 

Tangible assets

3

 

687,714

 

687,714

Investments

4

 

100

 

100

   

687,814

 

687,814

Current assets

   

 

Debtors

5

-

 

370

 

Cash at bank and in hand

 

92,389

 

111,273

 

 

92,389

 

111,643

 

Creditors: Amounts falling due within one year

6

(58,628)

 

(62,095)

 

Net current assets

   

33,761

 

49,548

Total assets less current liabilities

   

721,575

 

737,362

Creditors: Amounts falling due after more than one year

6

 

(37,022)

 

(80,477)

Net assets

   

684,553

 

656,885

Capital and reserves

   

 

Called up share capital

7

200

 

200

 

Retained earnings

684,353

 

656,685

 

Shareholders' funds

   

684,553

 

656,885

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her 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 and 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 1 August 2025
 

 

Replica Group Limited

(Registration number: 09522346)
Balance Sheet as at 28 February 2025
__________________________________________________________________________

.........................................
Mrs L Senior
Director

 

Replica Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
__________________________________________________________________________

1

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold property

not depreciated

 

Replica Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
__________________________________________________________________________

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

Replica Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
__________________________________________________________________________

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

3

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 March 2024

687,714

687,714

At 28 February 2025

687,714

687,714

Depreciation

Carrying amount

At 28 February 2025

687,714

687,714

At 29 February 2024

687,714

687,714

Included within the net book value of land and buildings above is £687,714 (2024 - £687,714) in respect of freehold land and buildings.
 

 

Replica Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
__________________________________________________________________________

4

Investments

2025
£

2024
£

Investments in subsidiaries

100

100

Subsidiaries

£

Cost or valuation

At 1 March 2024

100

Provision

Carrying amount

At 28 February 2025

100

At 29 February 2024

100

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2025

2024

Subsidiary undertakings

Replica Limited

100%

100%

Subsidiary undertakings

Replica Limited

The principal activity of Replica Limited is Retailing of display equipment.

5

Debtors

Current

2025
£

2024
£

Prepayments

-

370

 

-

370

 

Replica Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025
__________________________________________________________________________

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

41,350

37,699

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

2,100

-

Taxation and social security

 

14,643

13,648

Accruals and deferred income

 

535

748

Other creditors

 

-

10,000

 

58,628

62,095

Current loans and borrowings

2025
£

2024
£

Bank borrowings

41,350

37,699

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

37,022

80,477

7

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary shares of £1 each

200

200

200

200