GENSYS TECHNOLOGY LIMITED

Company Registration Number:
03713406 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

GENSYS TECHNOLOGY LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GENSYS TECHNOLOGY LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Christopher Dodsworth
Registered office: 44
44 Chorley Road
West Wycombe
Buckinghamshire
GBR
HP14 3AR
Company Registration Number: 03713406 (England and Wales)

GENSYS TECHNOLOGY LIMITED

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal Activities

IT consultants

Political and charitable donations

£500 charitable donations in total

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Christopher Dodsworth

This report was approved by the board of directors on 1 December 2023
And Signed On Behalf Of The Board By:

Name: Christopher Dodsworth
Status: Director

GENSYS TECHNOLOGY LIMITED

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 225,677 269,371
Cost of sales ( 104,563 ) ( 140,649 )
Gross Profit or (Loss) 121,114 128,722
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 1,200 ) ( 1,000 )
Administrative Expenses ( 112,566 ) ( 118,445 )
Operating Profit or (Loss) 7,348 9,277
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 7,348 9,277
Tax on Profit ( 1,396 ) ( 1,762 )
Profit or (Loss) for Period 5,952 7,515

The notes form part of these financial statements

GENSYS TECHNOLOGY LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 4,300 5,000
Total fixed assets: 4,300 5,000
Current assets
Stocks: 1,000 1,000
Debtors: 5 3,677 4,671
Cash at bank and in hand: 100,356 129,443
Total current assets: 105,033 135,114
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 4,667 ) ( 6,101 )
Net current assets (liabilities): 100,366 129,013
Total assets less current liabilities: 104,666 134,013
Creditors: amounts falling due after more than one year: 7 ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 104,666 134,013

The notes form part of these financial statements

GENSYS TECHNOLOGY LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 5,000 5,000
Revaluation reserve: 8 5,000 5,000
Profit and loss account: 94,666 124,013
Shareholders funds: 104,666 134,013

For the year ending 28 February 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 December 2023
And Signed On Behalf Of The Board By:

Name: Christopher Dodsworth
Status: Director

The notes form part of these financial statements

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 March 2022 5,000 5,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2023 5,000 5,000
Depreciation
At 01 March 2022 - -
Charge for year - -
On disposals - -
Other adjustments 700 700
At 28 February 2023 700 700
Net book value
At 28 February 2023 4,300 4,300
At 28 February 2022 5,000 5,000

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors


2023
£

2022
£
Trade debtors 3,677 4,671
Total 3,677 4,671
Debtors due after more than one year: 0 0

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 4,667 6,101
Total 4,667 6,101

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 0 0

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

8. Revaluation reserve


2023
£
Balance at 01 March 2022 5,000
Surplus or deficit after revaluation 0
Balance at 28 February 2023 5,000