Company Registration No. 12360957 (England and Wales)
Genex Business Consulting Limited
Unaudited accounts
for the year ended 31 December 2022
Genex Business Consulting Limited
Unaudited accounts
Contents
Genex Business Consulting Limited
Company Information
for the year ended 31 December 2022
Company Number
12360957 (England and Wales)
Registered Office
22 CRESCENT ROAD
SELSTON
NOTTINGHAM
NG16 6DR
ENGLAND
Accountants
Cramar Ltd
Suite 8, Stapleford Business Hub
1 Toton Lane
Stapleford
Nottingham
NG9 7JQ
Genex Business Consulting Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
470
-
Creditors: amounts falling due within one year
(15,983)
(37,238)
Net current assets
30,348
13,172
Total assets less current liabilities
31,029
13,688
Creditors: amounts falling due after more than one year
(33,334)
(41,667)
Net liabilities
(2,305)
(27,979)
Called up share capital
100
100
Profit and loss account
(2,405)
(28,079)
Shareholders' funds
(2,305)
(27,979)
For the year ending 31 December 2022 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 24 September 2023 and were signed on its behalf by
Danny Renshaw
Director
Company Registration No. 12360957
Genex Business Consulting Limited
Notes to the Accounts
for the year ended 31 December 2022
Genex Business Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 12360957. The registered office is 22 CRESCENT ROAD, SELSTON, NOTTINGHAM, NG16 6DR, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
687
-
687
At 31 December 2022
687
334
1,021
At 1 January 2022
171
-
171
Charge for the year
103
66
169
At 31 December 2022
274
66
340
At 31 December 2022
413
268
681
At 31 December 2021
516
-
516
Amounts falling due within one year
Other debtors
45,861
50,410
Genex Business Consulting Limited
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
8,333
8,333
Taxes and social security
-
1,859
Loans from directors
7,650
-
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).