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REGISTERED NUMBER: 12403693 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 January 2023

for

GENESIS RESIDENTIAL HOME (SPALDING)
LIMITED

GENESIS RESIDENTIAL HOME (SPALDING)
LIMITED (REGISTERED NUMBER: 12403693)






Contents of the Financial Statements
for the year ended 31 January 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

GENESIS RESIDENTIAL HOME (SPALDING)
LIMITED

Company Information
for the year ended 31 January 2023







DIRECTOR: Ms R Oozageer





SECRETARY: B Oozageer





REGISTERED OFFICE: 32 Furlong Way
Great Amwell
Ware
SG12 9TF





REGISTERED NUMBER: 12403693 (England and Wales)





ACCOUNTANTS: Trevor Jones & Partners Ltd
Springfield House
99/101 Crossbrook Street
Cheshunt
Waltham Cross
Hertfordshire
EN8 8JR

GENESIS RESIDENTIAL HOME (SPALDING)
LIMITED (REGISTERED NUMBER: 12403693)

Abridged Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,864 24,906

CURRENT ASSETS
Debtors 30,828 5,007
Cash at bank and in hand 143,869 117,309
174,697 122,316
CREDITORS
Amounts falling due within one year 76,868 74,507
NET CURRENT ASSETS 97,829 47,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,693

72,715

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 120,593 72,615
120,693 72,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 13 October 2023 and were signed by:




Ms R Oozageer - Director


GENESIS RESIDENTIAL HOME (SPALDING)
LIMITED (REGISTERED NUMBER: 12403693)

Notes to the Financial Statements
for the year ended 31 January 2023

1. STATUTORY INFORMATION

Genesis Residential Home (Spalding) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - at variable rates on 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

GENESIS RESIDENTIAL HOME (SPALDING)
LIMITED (REGISTERED NUMBER: 12403693)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2022 27,770
Additions 2,157
At 31 January 2023 29,927
DEPRECIATION
At 1 February 2022 2,864
Charge for year 4,199
At 31 January 2023 7,063
NET BOOK VALUE
At 31 January 2023 22,864
At 31 January 2022 24,906

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Genesis Residential Home (Spalding)
Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Genesis Residential Home (Spalding) Limited for the year ended 31 January 2023 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Genesis Residential Home (Spalding) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Genesis Residential Home (Spalding) Limited and state those matters that we have agreed to state to the director of Genesis Residential Home (Spalding) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Genesis Residential Home (Spalding) Limited and its director for our work or for this report.

It is your duty to ensure that Genesis Residential Home (Spalding) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Genesis Residential Home (Spalding) Limited. You consider that Genesis Residential Home (Spalding) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Genesis Residential Home (Spalding) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Trevor Jones & Partners Ltd
Springfield House
99/101 Crossbrook Street
Cheshunt
Waltham Cross
Hertfordshire
EN8 8JR


13 October 2023