IRIS Accounts Production v24.1.9.2 09251380 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092513802022-10-31092513802023-10-31092513802022-11-012023-10-31092513802021-10-31092513802021-11-012022-10-31092513802022-10-3109251380ns15:EnglandWales2022-11-012023-10-3109251380ns14:PoundSterling2022-11-012023-10-3109251380ns10:Director12022-11-012023-10-3109251380ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3109251380ns10:SmallEntities2022-11-012023-10-3109251380ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3109251380ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3109251380ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3109251380ns10:FullAccounts2022-11-012023-10-3109251380ns10:OrdinaryShareClass12022-11-012023-10-3109251380ns10:Director22022-11-012023-10-3109251380ns10:RegisteredOffice2022-11-012023-10-3109251380ns5:CurrentFinancialInstruments2023-10-3109251380ns5:CurrentFinancialInstruments2022-10-3109251380ns5:Non-currentFinancialInstruments2023-10-3109251380ns5:Non-currentFinancialInstruments2022-10-3109251380ns5:ShareCapital2023-10-3109251380ns5:ShareCapital2022-10-3109251380ns5:RetainedEarningsAccumulatedLosses2023-10-3109251380ns5:RetainedEarningsAccumulatedLosses2022-10-3109251380ns5:FurnitureFittings2022-11-012023-10-3109251380ns5:FurnitureFittings2022-10-3109251380ns5:MotorVehicles2022-10-3109251380ns5:MotorVehicles2022-11-012023-10-3109251380ns5:FurnitureFittings2023-10-3109251380ns5:MotorVehicles2023-10-3109251380ns5:FurnitureFittings2022-10-3109251380ns5:MotorVehicles2022-10-3109251380ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-10-3109251380ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-11-012023-10-3109251380ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-10-3109251380ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-10-3109251380ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3109251380ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3109251380ns10:OrdinaryShareClass12023-10-31
REGISTERED NUMBER: 09251380 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

GENU OSSIS LIMITED

GENU OSSIS LIMITED (REGISTERED NUMBER: 09251380)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GENU OSSIS LIMITED

COMPANY INFORMATION
For The Year Ended 31 October 2023







DIRECTORS: A Ajuied
Ms K Sayed





REGISTERED OFFICE: 124 City Road
London
EC1V 2NX





REGISTERED NUMBER: 09251380 (England and Wales)





ACCOUNTANTS: TC Group
1 Rushmills
Bedford Road
Northampton
Northamptonshire
NN4 7YB

GENU OSSIS LIMITED (REGISTERED NUMBER: 09251380)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 107,273 62,036

CURRENT ASSETS
Debtors 5 167,735 170,241
Cash at bank 345,053 202,764
512,788 373,005
CREDITORS
Amounts falling due within one year 6 113,821 176,946
NET CURRENT ASSETS 398,967 196,059
TOTAL ASSETS LESS CURRENT LIABILITIES 506,240 258,095

CREDITORS
Amounts falling due after more than one
year

7

(110,900

)

(27,772

)

PROVISIONS FOR LIABILITIES (26,818 ) (11,787 )
NET ASSETS 368,522 218,536

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 368,422 218,436
SHAREHOLDERS' FUNDS 368,522 218,536

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

GENU OSSIS LIMITED (REGISTERED NUMBER: 09251380)

BALANCE SHEET - continued
31 October 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 Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





A Ajuied - Director


GENU OSSIS LIMITED (REGISTERED NUMBER: 09251380)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023


1. STATUTORY INFORMATION

Genu Ossis Limited 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

GENU OSSIS LIMITED (REGISTERED NUMBER: 09251380)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 November 2022 7,515 105,336 112,851
Additions - 124,662 124,662
Disposals - (105,336 ) (105,336 )
At 31 October 2023 7,515 124,662 132,177
DEPRECIATION
At 1 November 2022 4,730 46,085 50,815
Charge for year 696 19,478 20,174
Eliminated on disposal - (46,085 ) (46,085 )
At 31 October 2023 5,426 19,478 24,904
NET BOOK VALUE
At 31 October 2023 2,089 105,184 107,273
At 31 October 2022 2,785 59,251 62,036

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2022 105,336
Additions 124,662
Disposals (105,336 )
At 31 October 2023 124,662
DEPRECIATION
At 1 November 2022 46,085
Charge for year 19,478
Eliminated on disposal (46,085 )
At 31 October 2023 19,478
NET BOOK VALUE
At 31 October 2023 105,184
At 31 October 2022 59,251

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 57,533 55,644
Amounts owed by group undertakings 108,580 108,580
Other debtors 1,622 6,017
167,735 170,241

GENU OSSIS LIMITED (REGISTERED NUMBER: 09251380)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,420 9,420
Hire purchase contracts 10,982 61,364
Taxation and social security 73,858 81,196
Other creditors 19,561 24,966
113,821 176,946

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 17,958 27,772
Hire purchase contracts 92,942 -
110,900 27,772

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100