IRIS Accounts Production v23.4.0.336 02658387 director 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh026583872022-09-30026583872023-09-30026583872022-10-012023-09-30026583872021-09-30026583872021-10-012022-09-30026583872022-09-3002658387ns15:EnglandWales2022-10-012023-09-3002658387ns14:PoundSterling2022-10-012023-09-3002658387ns10:Director12022-10-012023-09-3002658387ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3002658387ns10:SmallEntities2022-10-012023-09-3002658387ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3002658387ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3002658387ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3002658387ns10:FullAccounts2022-10-012023-09-3002658387ns10:OrdinaryShareClass12022-10-012023-09-3002658387ns10:CompanySecretary12022-10-012023-09-3002658387ns10:RegisteredOffice2022-10-012023-09-3002658387ns5:CurrentFinancialInstruments2023-09-3002658387ns5:CurrentFinancialInstruments2022-09-3002658387ns5:Non-currentFinancialInstruments2023-09-3002658387ns5:Non-currentFinancialInstruments2022-09-3002658387ns5:ShareCapital2023-09-3002658387ns5:ShareCapital2022-09-3002658387ns5:RetainedEarningsAccumulatedLosses2023-09-3002658387ns5:RetainedEarningsAccumulatedLosses2022-09-3002658387ns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-10-012023-09-3002658387ns5:PlantMachinery2022-10-012023-09-3002658387ns5:MotorVehicles2022-10-012023-09-3002658387ns5:LandBuildings2022-09-3002658387ns5:PlantMachinery2022-09-3002658387ns5:MotorVehicles2022-09-3002658387ns5:LandBuildings2022-10-012023-09-3002658387ns5:LandBuildings2023-09-3002658387ns5:PlantMachinery2023-09-3002658387ns5:MotorVehicles2023-09-3002658387ns5:LandBuildings2022-09-3002658387ns5:PlantMachinery2022-09-3002658387ns5:MotorVehicles2022-09-3002658387ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3002658387ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3002658387ns5:Secured2023-09-3002658387ns5:Secured2022-09-3002658387ns10:OrdinaryShareClass12023-09-3002658387ns5:RetainedEarningsAccumulatedLosses2022-09-3002658387ns5:RetainedEarningsAccumulatedLosses2022-10-012023-09-30026583871ns10:Director12022-09-30026583871ns10:Director12021-09-30026583871ns10:Director12022-10-012023-09-30026583871ns10:Director12021-10-012022-09-30026583871ns10:Director12023-09-30026583871ns10:Director12022-09-30
REGISTERED NUMBER: 02658387 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Genie Printing & Mailing Ltd

Genie Printing & Mailing Ltd (Registered number: 02658387)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Genie Printing & Mailing Ltd

Company Information
for the Year Ended 30 September 2023







Director: J W Brown





Secretary: Mrs V J Thompson





Registered office: 86 Barford Street
Digbeth
Birmingham
B5 6AH





Registered number: 02658387 (England and Wales)





Accountants: Ashby Berry Coulsons
2 Belgrave Crescent
Scarborough
North Yorkshire
YO11 1UB

Genie Printing & Mailing Ltd (Registered number: 02658387)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 312,131 323,902

Current assets
Stocks 4,726 4,536
Debtors 5 94,239 78,667
Cash at bank and in hand 95,574 101,022
194,539 184,225
Creditors
Amounts falling due within one year 6 89,650 112,225
Net current assets 104,889 72,000
Total assets less current liabilities 417,020 395,902

Creditors
Amounts falling due after more than one
year

7

16,683

45,239
Net assets 400,337 350,663

Capital and reserves
Called up share capital 9 40,000 40,000
Retained earnings 10 360,337 310,663
Shareholders' funds 400,337 350,663

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Genie Printing & Mailing Ltd (Registered number: 02658387)

Balance Sheet - continued
30 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 4 March 2024 and were signed by:





J W Brown - Director


Genie Printing & Mailing Ltd (Registered number: 02658387)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. Statutory information

Genie Printing & Mailing Ltd 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.
Freehold property - at varying rates on cost
Plant and machinery - at varying rates on cost
Motor vehicles - at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Genie Printing & Mailing Ltd (Registered number: 02658387)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

2. Accounting policies - continued

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 3 (2022 - 4 ) .

4. Tangible fixed assets
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
Cost
At 1 October 2022
and 30 September 2023 368,483 235,240 16,279 620,002
Depreciation
At 1 October 2022 64,387 215,434 16,279 296,100
Charge for year 2,412 9,359 - 11,771
At 30 September 2023 66,799 224,793 16,279 307,871
Net book value
At 30 September 2023 301,684 10,447 - 312,131
At 30 September 2022 304,096 19,806 - 323,902

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 44,367 64,797
Other debtors 49,872 13,870
94,239 78,667

Genie Printing & Mailing Ltd (Registered number: 02658387)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 29,143 45,948
Trade creditors 9,124 15,200
Taxation and social security 50,262 48,965
Other creditors 1,121 2,112
89,650 112,225

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 16,683 45,239

8. Secured debts

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 45,826 91,187

Lloyds Bank Plc holds a debenture giving a fixed and floating charge on the company's freehold property and other assets.

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
40,000 Ordinary £1 40,000 40,000

10. Reserves
Retained
earnings
£   

At 1 October 2022 310,663
Profit for the year 99,674
Dividends (50,000 )
At 30 September 2023 360,337

Genie Printing & Mailing Ltd (Registered number: 02658387)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

11. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
J W Brown
Balance outstanding at start of year (2,018 ) 517
Amounts advanced 105,564 603
Amounts repaid (69,088 ) (3,138 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 34,458 (2,018 )