Silverfin false false 30/11/2023 01/12/2022 30/11/2023 J Fiske 28/03/2022 A Morris 01/07/2023 01/08/2020 K A Theophilus 01/07/2023 22 April 2024 The principal activity of the Company during the financial year was that of a residents estate management company. 11042735 2023-11-30 11042735 bus:Director1 2023-11-30 11042735 bus:Director2 2023-11-30 11042735 bus:Director3 2023-11-30 11042735 2022-11-30 11042735 core:CurrentFinancialInstruments 2023-11-30 11042735 core:CurrentFinancialInstruments 2022-11-30 11042735 core:ShareCapital 2023-11-30 11042735 core:ShareCapital 2022-11-30 11042735 core:RetainedEarningsAccumulatedLosses 2023-11-30 11042735 core:RetainedEarningsAccumulatedLosses 2022-11-30 11042735 core:LandBuildings 2022-11-30 11042735 core:LandBuildings 2023-11-30 11042735 bus:OrdinaryShareClass1 2023-11-30 11042735 2022-12-01 2023-11-30 11042735 bus:FilletedAccounts 2022-12-01 2023-11-30 11042735 bus:SmallEntities 2022-12-01 2023-11-30 11042735 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 11042735 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11042735 bus:Director1 2022-12-01 2023-11-30 11042735 bus:Director2 2022-12-01 2023-11-30 11042735 bus:Director3 2022-12-01 2023-11-30 11042735 core:LandBuildings 2022-12-01 2023-11-30 11042735 2021-12-01 2022-11-30 11042735 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 11042735 bus:OrdinaryShareClass1 2021-12-01 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11042735 (England and Wales)

GENTEK LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2023
Pages for filing with the registrar

GENTEK LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2023

Contents

GENTEK LIMITED

BALANCE SHEET

As at 30 November 2023
GENTEK LIMITED

BALANCE SHEET (continued)

As at 30 November 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 400 0
400 0
Current assets
Debtors 4 12 12
Cash at bank and in hand 4,160 2,748
4,172 2,760
Creditors: amounts falling due within one year 5 ( 4,660) ( 2,748)
Net current (liabilities)/assets (488) 12
Total assets less current liabilities (88) 12
Net (liabilities)/assets ( 88) 12
Capital and reserves
Called-up share capital 6 12 12
Profit and loss account ( 100 ) 0
Total shareholders' (deficit)/funds ( 88) 12

For the financial year ending 30 November 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Gentek Limited (registered number: 11042735) were approved and authorised for issue by the Board of Directors on 22 April 2024. They were signed on its behalf by:

K A Theophilus
Director
GENTEK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
GENTEK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Gentek Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3RP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on an asset on an appropriate basis over its expected useful life, as follows:

Land and buildings 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Tangible assets

Land and buildings Total
£ £
Cost
At 01 December 2022 0 0
Additions 500 500
At 30 November 2023 500 500
Accumulated depreciation
At 01 December 2022 0 0
Charge for the financial year 100 100
At 30 November 2023 100 100
Net book value
At 30 November 2023 400 400
At 30 November 2022 0 0

4. Debtors

2023 2022
£ £
Other debtors 12 12

5. Creditors: amounts falling due within one year

2023 2022
£ £
Accruals 396 344
Other creditors 4,264 2,404
4,660 2,748

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
12 Ordinary shares of £ 1.00 each 12 12