2023-01-01 13814852 2023-12-31 13814852 2023-01-01 2023-12-31 13814852 2022-12-31 13814852 2021-12-22 2022-12-31 13814852 uk-core:WithinOneYear 2022-12-31 13814852 uk-core:WithinOneYear 2023-12-31 13814852 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 13814852 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 13814852 uk-bus:Director1 2023-01-01 2023-12-31 13814852 uk-core:ComputerEquipment 2022-12-31 13814852 uk-core:PlantMachinery 2022-12-31 13814852 uk-core:ComputerEquipment 2023-01-01 2023-12-31 13814852 uk-core:PlantMachinery 2023-12-31 13814852 uk-core:ComputerEquipment 2023-12-31 13814852 uk-core:PlantMachinery 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 13814852 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13814852 uk-bus:FRS102 2023-01-01 2023-12-31 13814852 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 13814852 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Generic Media LTD
Registered Number:13814852
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Generic Media LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13814852
As at 31 December 2023
Generic Media LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
18,143
1,950
2
18,143
1,950
Current assets
46,380
Cash and cash equivalents
13,367
13,367
46,380
Trade and other payables: amounts falling due within one
year
(10,673)
(5,018)
3
35,707
8,349
Net current assets
Total assets less current liabilities
26,492
37,657
26,492
Net assets
37,657
Capital and reserves
Retained earnings
26,492
37,657
26,492
37,657
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Robert Smith Director
These financial statements were approved and authorised for issue by the Board on 16 February 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Generic Media LTD
Notes to the Financial Statements
Statutory Information
Generic Media LTD is a private limited company, limited by shares, domiciled in England and Wales, registration
number 13814852.
Registered address:
27 Merlin Way
Torquay
Devon
TQ2 7TE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 January 2023
2,600
2,600
-
22,242
4,999
17,243
Additions
At 31 December 2023
17,243
7,599
24,842
Provision for depreciation and impairment
At 01 January 2023
650
650
-
Charge for year
6,049
1,738
4,311
At 31 December 2023
6,699
2,388
4,311
At 31 December 2023
Net book value
12,932
5,211
18,143
At 31 December 2022
-
1,950
1,950
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
8
9,132
Other creditors
5,010
1,541
5,018
10,673
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5
For the year ended 31 December 2023
Generic Media LTD
Notes to the Financial Statements Continued
4. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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