Abbreviated Company Accounts - GENERIC HOLDINGS LTD

GENERIC HOLDINGS LTD - Company Information

09567394 GENERIC HOLDINGS LTD 2016-09-30 false 2015-04-29 2016-09-30 true 09567394 2015-04-29 2016-09-30 09567394 2016-09-30 09567394 uk-gaap-cd-bus:Director1 2015-04-29 2016-09-30 09567394 uk-gaap-cd-bus:Director2 2015-04-29 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-29 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 iso4217:GBP shares

Registered Number 09567394

GENERIC HOLDINGS LTD

Abbreviated Accounts

30 September 2016

GENERIC HOLDINGS LTD Registered Number 09567394

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016
		£
Fixed assets
Investments	2	2,311,503
		2,311,503
Creditors: amounts falling due within one year		(11,500)
Net current assets (liabilities)		(11,500)
Total assets less current liabilities		2,300,003
Total net assets (liabilities)		2,300,003
Capital and reserves
Called up share capital	3	2,300,003
Shareholders' funds		2,300,003

For the year ending 30 September 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 January 2017

And signed on their behalf by:
E Demosthenous, Director

GENERIC HOLDINGS LTD Registered Number 09567394

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Other accounting policies
Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

Group accounts
The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.

2Fixed assets Investments
Cost £2,311,503
At 30 September 2016 £2,311,503

Net book value
At 30 September 2016 2,311,503

Investment details
Holdings of 20% or more
The company holds 20% or more of the share capital of the following companies:
Company - subsidiary undertaking: Generic Properties Limited
Country of registration or incorporation: England
Nature of business: Property investment
Shares held class: Ordinary 100%

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves: £2,715,449
Profit for the year: £42,122

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £
2,300,003 Ordinary shares of £1 each	2,300,003