1 January 2024 false Taxfiler 2024.6 10817925business:PrivateLimitedCompanyLtd2024-01-012024-12-31 108179252023-12-31 108179252024-01-012024-12-31 10817925business:AuditExemptWithAccountantsReport2024-01-012024-12-31 10817925business:FilletedAccounts2024-01-012024-12-31 108179252024-12-31 10817925business:Director12024-01-012024-12-31 10817925business:RegisteredOffice2024-01-012024-12-31 108179252023-12-31 10817925core:WithinOneYear2024-12-31 10817925core:WithinOneYear2023-12-31 10817925core:AfterOneYear2024-12-31 10817925core:AfterOneYear2023-12-31 10817925core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 10817925core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10817925core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 10817925core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10817925core:PreviouslyStatedAmount2024-12-31 10817925core:PreviouslyStatedAmount2023-12-31 10817925business:SmallEntities2024-01-012024-12-31 10817925countries:EnglandWales2024-01-012024-12-31 10817925core:FurnitureFittings2024-01-012024-12-31 10817925core:FurnitureFittings2023-12-31 10817925core:FurnitureFittings2024-12-31 108179252023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10817925 (England and Wales)
FAH MAI HOLDINGS LIMITED Unaudited accounts for the year ended 31 December 2024
FAH MAI HOLDINGS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
FAH MAI HOLDINGS LIMITED Company Information for the year ended 31 December 2024
Director
L Haseman
Company Number
10817925 (England and Wales)
Registered Office
4 DAVIS WAY FAREHAM HAMPSHIRE PO14 1JF UNITED KINGDOM
Accountants
Hampshire Accountancy Services College Court 15 Bowen Lane Petersfield Hampshire GU31 4DR
- 3 -
FAH MAI HOLDINGS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,178 
5,453 
Current assets
Inventories
3,899,165 
3,209,445 
Debtors
5
858,537 
605,930 
Cash at bank and in hand
12,440 
38,326 
4,770,142 
3,853,701 
Creditors: amounts falling due within one year
6
(6,449,760)
(5,535,294)
Net current liabilities
(1,679,618)
(1,681,593)
Total assets less current liabilities
(1,676,440)
(1,676,140)
Creditors: amounts falling due after more than one year
7
(704,142)
(343,996)
Net liabilities
(2,380,582)
(2,020,136)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(2,381,582)
(2,021,136)
Shareholders' funds
(2,380,582)
(2,020,136)
For the year ending 31 December 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 December 2025 and were signed on its behalf by
L Haseman Director Company Registration No. 10817925
- 4 -
FAH MAI HOLDINGS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
FAH MAI HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10817925. The registered office is 4 DAVIS WAY, FAREHAM, HAMPSHIRE, PO14 1JF, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line method
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2024
14,124 
At 31 December 2024
14,124 
Depreciation
At 1 January 2024
8,671 
Charge for the year
2,275 
At 31 December 2024
10,946 
Net book value
At 31 December 2024
3,178 
At 31 December 2023
5,453 
- 5 -
FAH MAI HOLDINGS LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
37,399 
30,908 
Trade debtors
541,032 
442,725 
Accrued income and prepayments
21,231 
10,714 
Other debtors
5,837 
- 
605,499 
484,347 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
253,038 
121,583 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
15,663 
25,782 
Trade creditors
17,362 
125,553 
Amounts owed to group undertakings and other participating interests
5,529,122 
5,290,584 
Other creditors
910,350 
87,080 
Loans from directors
(22,737)
5,248 
Accruals
- 
1,047 
6,449,760 
5,535,294 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
704,142 
343,996 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -