Company Registration No. 03196685 (England and Wales)
GENESIS ENTERTAINMENT (MILE END) LIMITED
Unaudited accounts
for the year ended 31 March 2023
GENESIS ENTERTAINMENT (MILE END) LIMITED
Unaudited accounts
Contents
GENESIS ENTERTAINMENT (MILE END) LIMITED
Company Information
for the year ended 31 March 2023
Directors
Christine Walker Hebborn
Caroline Walker Hebborn
Tyrone Walker Hebborn
Company Number
03196685 (England and Wales)
Registered Office
93-95 MILE END ROAD
STEPNEY GREEN
LONDON
E1 4UJ
Accountants
ABBEYGATE ACCOUNTANCY LTD
UNIT 27 STATION HILL
THURSTON
BURY ST. EDMUNDS
ENGLAND
IP31 3QU
GENESIS ENTERTAINMENT (MILE END) LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
2,149,909
1,991,338
Cash at bank and in hand
(130,675)
(5,228)
Creditors: amounts falling due within one year
(1,101,384)
(1,035,194)
Net current liabilities
(91,299)
(31,696)
Total assets less current liabilities
2,058,610
1,959,642
Creditors: amounts falling due after more than one year
(292,817)
(454,814)
Net assets
1,765,793
1,504,828
Called up share capital
2
2
Fair value reserve
250,914
-
Profit and loss account
1,514,877
1,504,826
Shareholders' funds
1,765,793
1,504,828
For the year ending 31 March 2023 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 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 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 of Directors and authorised for issue on 6 July 2023 and were signed on its behalf by
Tyrone Walker Hebborn
Director
Company Registration No. 03196685
GENESIS ENTERTAINMENT (MILE END) LIMITED
Notes to the Accounts
for the year ended 31 March 2023
GENESIS ENTERTAINMENT (MILE END) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03196685. The registered office is 93-95 MILE END ROAD, STEPNEY GREEN, LONDON, E1 4UJ.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
GENESIS ENTERTAINMENT (MILE END) LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2022
1,647,883
551,113
146,387
555,466
44,634
2,945,483
Additions
-
-
34,044
-
1,248
35,292
Revaluations
-
(200,122)
-
(423,158)
(32,786)
(656,066)
At 31 March 2023
1,647,883
350,991
180,431
132,308
13,096
2,324,709
At 1 April 2022
-
444,524
47,165
422,020
40,436
954,145
Charge for the year
-
70,198
26,653
26,462
4,322
127,635
Surplus on revaluation
-
(444,524)
-
(422,020)
(40,436)
(906,980)
At 31 March 2023
-
70,198
73,818
26,462
4,322
174,800
At 31 March 2023
1,647,883
280,793
106,613
105,846
8,774
2,149,909
At 31 March 2022
1,647,883
106,589
99,222
133,446
4,198
1,991,338
Amounts falling due within one year
Trade debtors
78,169
42,208
Amounts due from group undertakings etc.
5,121
-
Accrued income and prepayments
16,202
28,561
Other debtors
1,024,668
916,536
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
102,959
122,535
Obligations under finance leases and hire purchase contracts
11,348
-
Trade creditors
254,440
240,516
Amounts owed to group undertakings and other participating interests
296,051
344,952
Taxes and social security
391,720
298,788
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
181,755
300,134
Obligations under finance leases and hire purchase contracts
111,062
154,680
GENESIS ENTERTAINMENT (MILE END) LIMITED
Notes to the Accounts
for the year ended 31 March 2023
9
Average number of employees
During the year the average number of employees was 46 (2022: 48).