2022-12-132023-12-312023-12-31false14538527The Genie VA2024-05-2073200iso4217:GBPxbrli:pure145385272022-12-13145385272023-12-31145385272022-12-132023-12-31145385272022-12-12145385272022-12-12145385272022-12-122022-12-1214538527bus:SmallEntities2022-12-132023-12-3114538527bus:AuditExempt-NoAccountantsReport2022-12-132023-12-3114538527bus:FullAccounts2022-12-132023-12-3114538527bus:PrivateLimitedCompanyLtd2022-12-132023-12-3114538527core:WithinOneYear2023-12-3114538527core:AfterOneYear2023-12-3114538527core:WithinOneYear2022-12-1214538527core:AfterOneYear2022-12-1214538527core:ShareCapital2023-12-3114538527core:SharePremium2023-12-3114538527core:RevaluationReserve2023-12-3114538527core:OtherReservesSubtotal2023-12-3114538527core:RetainedEarningsAccumulatedLosses2023-12-3114538527core:ShareCapital2022-12-1214538527core:SharePremium2022-12-1214538527core:RevaluationReserve2022-12-1214538527core:OtherReservesSubtotal2022-12-1214538527core:RetainedEarningsAccumulatedLosses2022-12-1214538527core:LandBuildings2023-12-3114538527core:PlantMachinery2023-12-3114538527core:Vehicles2023-12-3114538527core:FurnitureFittings2023-12-3114538527core:OfficeEquipment2023-12-3114538527core:NetGoodwill2023-12-3114538527core:IntangibleAssetsOtherThanGoodwill2023-12-3114538527core:ListedExchangeTraded2023-12-3114538527core:UnlistedNon-exchangeTraded2023-12-3114538527core:LandBuildings2022-12-1214538527core:PlantMachinery2022-12-1214538527core:Vehicles2022-12-1214538527core:FurnitureFittings2022-12-1214538527core:OfficeEquipment2022-12-1214538527core:NetGoodwill2022-12-1214538527core:IntangibleAssetsOtherThanGoodwill2022-12-1214538527core:ListedExchangeTraded2022-12-1214538527core:UnlistedNon-exchangeTraded2022-12-1214538527core:LandBuildings2022-12-132023-12-3114538527core:PlantMachinery2022-12-132023-12-3114538527core:Vehicles2022-12-132023-12-3114538527core:FurnitureFittings2022-12-132023-12-3114538527core:OfficeEquipment2022-12-132023-12-3114538527core:NetGoodwill2022-12-132023-12-3114538527core:IntangibleAssetsOtherThanGoodwill2022-12-132023-12-3114538527core:ListedExchangeTraded2022-12-132023-12-3114538527core:UnlistedNon-exchangeTraded2022-12-132023-12-3114538527core:MoreThanFiveYears2022-12-132023-12-3114538527core:Non-currentFinancialInstruments2023-12-3114538527core:Non-currentFinancialInstruments2022-12-1214538527dpl:CostSales2022-12-132023-12-3114538527dpl:DistributionCosts2022-12-132023-12-3114538527core:LandBuildings2022-12-132023-12-3114538527core:PlantMachinery2022-12-132023-12-3114538527core:Vehicles2022-12-132023-12-3114538527core:FurnitureFittings2022-12-132023-12-3114538527core:OfficeEquipment2022-12-132023-12-3114538527dpl:AdministrativeExpenses2022-12-132023-12-3114538527core:NetGoodwill2022-12-132023-12-3114538527core:IntangibleAssetsOtherThanGoodwill2022-12-132023-12-3114538527dpl:GroupUndertakings2022-12-132023-12-3114538527dpl:ParticipatingInterests2022-12-132023-12-3114538527dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-132023-12-3114538527core:ListedExchangeTraded2022-12-132023-12-3114538527dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-132023-12-3114538527core:UnlistedNon-exchangeTraded2022-12-132023-12-3114538527dpl:CostSales2022-12-122022-12-1214538527dpl:DistributionCosts2022-12-122022-12-1214538527core:LandBuildings2022-12-122022-12-1214538527core:PlantMachinery2022-12-122022-12-1214538527core:Vehicles2022-12-122022-12-1214538527core:FurnitureFittings2022-12-122022-12-1214538527core:OfficeEquipment2022-12-122022-12-1214538527dpl:AdministrativeExpenses2022-12-122022-12-1214538527core:NetGoodwill2022-12-122022-12-1214538527core:IntangibleAssetsOtherThanGoodwill2022-12-122022-12-1214538527dpl:GroupUndertakings2022-12-122022-12-1214538527dpl:ParticipatingInterests2022-12-122022-12-1214538527dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-122022-12-1214538527core:ListedExchangeTraded2022-12-122022-12-1214538527dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-122022-12-1214538527core:UnlistedNon-exchangeTraded2022-12-122022-12-1214538527core:NetGoodwill2023-12-3114538527core:IntangibleAssetsOtherThanGoodwill2023-12-3114538527core:LandBuildings2023-12-3114538527core:PlantMachinery2023-12-3114538527core:Vehicles2023-12-3114538527core:FurnitureFittings2023-12-3114538527core:OfficeEquipment2023-12-3114538527core:AfterOneYear2023-12-3114538527core:WithinOneYear2023-12-3114538527core:ListedExchangeTraded2023-12-3114538527core:UnlistedNon-exchangeTraded2023-12-3114538527core:ShareCapital2023-12-3114538527core:SharePremium2023-12-3114538527core:RevaluationReserve2023-12-3114538527core:OtherReservesSubtotal2023-12-3114538527core:RetainedEarningsAccumulatedLosses2023-12-3114538527core:NetGoodwill2022-12-1214538527core:IntangibleAssetsOtherThanGoodwill2022-12-1214538527core:LandBuildings2022-12-1214538527core:PlantMachinery2022-12-1214538527core:Vehicles2022-12-1214538527core:FurnitureFittings2022-12-1214538527core:OfficeEquipment2022-12-1214538527core:AfterOneYear2022-12-1214538527core:WithinOneYear2022-12-1214538527core:ListedExch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The Genie VA

Registered Number
14538527
(England and Wales)

Unaudited Financial Statements for the Period ended
31 December 2023

The Genie VA
Company Information
for the period from 13 December 2022 to 31 December 2023

Director

SMITH, Holly

Registered Address

1a Latimer Street
Leicester
LE3 0QF

Registered Number

14538527 (England and Wales)
The Genie VA
Balance Sheet as at
31 December 2023

Notes

2023

£

£

Fixed assets
Intangible assets510,400
Tangible assets6467
10,867
Current assets
Debtors7-
Cash at bank and on hand5,385
5,385
Creditors amounts falling due within one year8(6,749)
Net current assets (liabilities)(1,364)
Total assets less current liabilities9,503
Net assets9,503
Capital and reserves
Called up share capital100
Profit and loss account9,403
Shareholders' funds9,503
The financial statements were approved and authorised for issue by the Director on 20 May 2024, and are signed on its behalf by:
SMITH, Holly
Director
Registered Company No. 14538527
The Genie VA
Notes to the Financial Statements
for the period ended 31 December 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment3
Intangible assets policy
Acquired Goodwill is amortised over its useful life, which is maximised at 5 years.
Revenue recognition policy
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

2023
Average number of employees during the year1
5.Intangible assets

Goodwill

Total

££
Cost or valuation
Additions13,00013,000
At 31 December 2313,00013,000
Amortisation and impairment
Charge for year2,6002,600
At 31 December 232,6002,600
Net book value
At 31 December 2310,40010,400
At 12 December 22--
6.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
Additions649649
At 31 December 23649649
Depreciation and impairment
Charge for year182182
At 31 December 23182182
Net book value
At 31 December 23467467
At 12 December 22--
7.Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

£
Trade creditors / trade payables59
Taxation and social security4,235
Other creditors2,455
Total6,749
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.