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Company Registration No. 03218491 (England and Wales)
GENERALDIRECT LIMITED Unaudited accounts for the year ended 30 November 2023
GENERALDIRECT LIMITED Unaudited accounts Contents
Page
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GENERALDIRECT LIMITED Company Information for the year ended 30 November 2023
Director
RJ Knibbs
Company Number
03218491 (England and Wales)
Registered Office
4 Stansfield Grove Kenilworth Warwickshire CV8 2SB England
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GENERALDIRECT LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
328 
328 
Investments
50,000 
50,000 
50,328 
50,328 
Current assets
Debtors
88,986 
96,605 
Investments
- 
29,600 
Cash at bank and in hand
420 
4,220 
89,406 
130,425 
Creditors: amounts falling due within one year
- 
(225)
Net current assets
89,406 
130,200 
Net assets
139,734 
180,528 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
139,733 
180,527 
Shareholders' funds
139,734 
180,528 
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 director acknowledges his 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 and authorised for issue on 28 August 2024 and were signed on its behalf by
RJ Knibbs Director Company Registration No. 03218491
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GENERALDIRECT LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
GENERALDIRECT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03218491. The registered office is 4 Stansfield Grove, Kenilworth, Warwickshire, CV8 2SB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured by the fair value of the consideration received or receivable under the terms of contracts within the accounting period.
Investments
Investments in shares are included at fair value.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
820 
At 30 November 2023
820 
Depreciation
At 1 December 2022
492 
At 30 November 2023
492 
Net book value
At 30 November 2023
328 
At 30 November 2022
328 
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GENERALDIRECT LIMITED Notes to the Accounts for the year ended 30 November 2023
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 December 2022
50,000 
Valuation at 30 November 2023
50,000 
The Company has a 100% holding in Generaldirect Finance Limited, a UK registered trading company
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,817 
40,255 
Amounts due from group undertakings etc.
74,169 
44,250 
Other debtors
- 
12,100 
88,986 
96,605 
7
Investments held as current assets
2023 
2022 
£ 
£ 
Listed investments
29,600 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
225 
9
Transactions with related parties
The Company pays rent to the Shareholder for use of offices
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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