Company Registration No. 12323995 (England and Wales)
GEN2 CONSTRUCTION LTD
Unaudited accounts
for the year ended 30 November 2023
GEN2 CONSTRUCTION LTD
Unaudited accounts
Contents
GEN2 CONSTRUCTION LTD
Company Information
for the year ended 30 November 2023
Directors
Mr P O Wakeman
Neil Barry Simmonds
Company Number
12323995 (England and Wales)
Registered Office
Bawtry Hall South Parade
Bawtry, Doncaster
DN10 6JH
England
Accountants
D&K Accounting Ltd
Beehive Offices
Bawtry Hall
Bawtry
DN10 6JH
GEN2 CONSTRUCTION LTD
Statement of financial position
as at 30 November 2023
Tangible assets
2,033
1,052
Cash at bank and in hand
26,696
36,208
Creditors: amounts falling due within one year
(42,372)
1,899
Net current assets
29,391
66,157
Total assets less current liabilities
31,424
67,209
Creditors: amounts falling due after more than one year
(31,248)
(35,205)
Called up share capital
100
100
Profit and loss account
76
31,904
Shareholders' funds
176
32,004
For the year ending 30 November 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
Mr P O Wakeman
Director
Company Registration No. 12323995
GEN2 CONSTRUCTION LTD
Notes to the Accounts
for the year ended 30 November 2023
GEN2 CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 12323995. The registered office is Bawtry Hall South Parade, Bawtry, Doncaster, DN10 6JH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on Cost
Fixtures & fittings
25% on Cost
Computer equipment
25% on Cost
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
576
-
594
1,170
At 30 November 2023
576
813
1,110
2,499
At 1 December 2022
60
-
58
118
Charge for the year
144
34
170
348
At 30 November 2023
204
34
228
466
At 30 November 2023
372
779
882
2,033
At 30 November 2022
516
-
536
1,052
GEN2 CONSTRUCTION LTD
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Other debtors
28,050
28,050
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
657
4,976
Taxes and social security
65,957
14,403
Loans from directors
(46,062)
(14,728)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 6 (2022: 1).