REGISTERED NUMBER: 04133170 (England and Wales)

Georges Simenon Limited

Financial Statements for the Year Ended 31st December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

John Simenon

Milena Alberti-Perez

Robert John Benton

Mary Margaret Durkan

REGISTERED OFFICE:

77 Station Road

Petersfield

Hamphire

GU32 3FQ

REGISTERED NUMBER:

04133170 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

The Engine House

77 Station Road

Petersfield

Hampshire

GU32 3FQ

FIXED ASSETS

Intangible assets

4

1,049,242

1,133,991

Tangible assets

5

-

-

Investments

6

2

2

1,049,244

1,133,993

CURRENT ASSETS

Debtors

7

389,681

112,171

Cash at bank

278,204

123,301

667,885

235,472

CREDITORS

Amounts falling due within one year

8

1,142,814

496,474

NET CURRENT LIABILITIES

(474,929

)

(261,002

)

TOTAL ASSETS LESS CURRENT LIABILITIES

574,315

872,991

CAPITAL AND RESERVES

Called up share capital

971,497

971,497

Retained earnings

(397,182

)

(98,506

)

574,315

872,991

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th November 2025 and were signed on its behalf by:

John Simenon - Director

1.	STATUTORY INFORMATION

Georges Simenon Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover comprises revenue receivable by the Company in respect of royalties, advances and option fees receivable from the exploitation of intellectual property in connection with rights, titles and interest held by the Company in literary estates, exclusive of Value Added Tax.

Revenue in respect of royalties, advances and option fees receivable is recognised as and when the Company receives notification of amounts due, during the reporting period, with amounts accrued and/or deferred where applicable in accordance with the terms of the underlying contract.

Intangible assets

Intangible assets held by the company comprise of purchased rights, titles and interests held in literary estates, purchased by the company. Said intangible assets are initially measured at cost and subsequently measured at cost less accumulated amortisation and accumulated impairment.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Functional and presentational currency

Items included in the financial statements of the Company are measured using the currency of the primary economic environment in which the Company operates (the "functional currency").

The functional currency of the Company, and the currency in which the financial statements are presented (the "presentational currency"), is 'Pounds Sterling' (£) rounded to the nearest single unit of currency.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st January 2024

and 31st December 2024

6,727,585

AMORTISATION

At 1st January 2024

5,593,594

Charge for year

84,749

At 31st December 2024

5,678,343

NET BOOK VALUE

At 31st December 2024

1,049,242

At 31st December 2023

1,133,991

The intangible assets comprise of the Company's share in the rights, titles and interests of the late Georges Simenon copyrights, the term of which is scheduled to expire in 2059, and fully amortised trademarks.

The directors are of the opinion that in respect of the intangible assets held, as disclosed above, there are no significant indicators of impairment that would justify a provision towards a diminution in value to be made.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

and 31st December 2024

3,368

DEPRECIATION

At 1st January 2024

and 31st December 2024

3,368

NET BOOK VALUE

At 31st December 2024

-

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2024

and 31st December 2024

2

NET BOOK VALUE

At 31st December 2024

2

At 31st December 2023

2

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

356,389

28,244

Amounts owed by group undertakings

1,193

-

Other debtors

32,099

83,927

389,681

112,171

At the balance sheet date, the provision for impairment against debtors falling due within one year was £nil (2022: £nil).

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

12,875

-

Amounts owed to group undertakings

456,139

336,626

Taxation and social security

(2,434

)

1,454

Other creditors

676,234

158,394

1,142,814

496,474

Amounts owed to group undertakings are unsecured, interest-free and repayable on demand with no fixed date for repayment.

Included in other creditors is a balance of £463,234 relating to deferred income (2023 £Nil)

9.	RELATED PARTY DISCLOSURES

The Company has taken advantage of exemptions provided by Section 33 of Financial Reporting Standard 102 from the requirement to disclose transactions undertaken or balances carried forward as at the balance sheet date between the Company and its wholly-owned subsidiary undertakings.

There were no other related party transactions and/or period end balances to report in accordance with the Companies Act 2006 and Section 1A of Financial Reporting Standard 102 as part of these financial statements.

10.	ULTIMATE CONTROLLING PARTY

The Company's immediate parent company is WorldWrites Holdings Limited, a company incorporated under the UK Companies Act 2006 which holds a 90% interest in the total voting rights of the Company.

The parent undertaking of the smallest group to consolidate these financial statements is FBT Holdings LLC. FBT Holdings LLC is the Company's ultimate parent undertaking and whose registered business address is 33 W 60th St, Unit #1114, New York, NY 10023