The Genesis Initiative Limited
|
(Limited by Guarantee) |
Registered number: |
03728244
|
Balance Sheet |
as at 30 June 2021
|
|
Notes |
|
|
2021 |
|
|
2020 |
£ |
£ |
Current assets |
Debtors |
3 |
|
647 |
|
|
1,538 |
Cash at bank and in hand |
|
|
20,679 |
|
|
16,326 |
|
|
|
21,326 |
|
|
17,864 |
|
Creditors: amounts falling due within one year |
4 |
|
(19,706) |
|
|
(29,621) |
|
Net current assets/(liabilities) |
|
|
|
1,620 |
|
|
(11,757) |
|
Net assets/(liabilities) |
|
|
|
1,620 |
|
|
(11,757) |
|
|
|
|
|
|
|
|
Capital and reserves |
Profit and loss account |
|
|
|
1,620 |
|
|
(11,757) |
|
Shareholders' funds |
|
|
|
1,620 |
|
|
(11,757) |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
|
|
|
|
John J May FCA |
Director |
Approved by the board on 27 October 2021
|
|
The Genesis Initiative Limited
|
(Limited by Guarantee) |
Notes to the Accounts |
for the year ended 30 June 2021
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The directors have given an undertaking to procure all necessary financial support for the company to pay its creditors in full, as they fall due in the ordinary course of business, and have therefore adopted the going concern basis in the preparation of the accounts.
|
|
|
|
Turnover |
|
Turnover represents income receivable, excluding value added tax, derived from ordinary activities.
|
|
|
2 |
Employees |
2021 |
|
2020 |
Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2021 |
|
2020 |
£ |
£ |
|
|
Other debtors |
647 |
|
1,538 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
£ |
£ |
|
|
Loan |
5,000 |
|
10,000 |
|
Accruals and deferred income |
14,706 |
|
19,621 |
|
|
|
|
|
|
19,706 |
|
29,621 |
|
|
|
|
|
|
|
|
|
|
5 |
Other information |
|
|
The Genesis Initiative Limited is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
Curzon House |
|
Church Road |
|
Windlesham |
|
Surrey |
|
GU20 6BH |