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Company Registration No. 03196685 (England and Wales)
GENESIS ENTERTAINMENT (MILE END) LIMITED Unaudited accounts for the year ended 31 March 2024
GENESIS ENTERTAINMENT (MILE END) LIMITED Unaudited accounts Contents
Page
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GENESIS ENTERTAINMENT (MILE END) LIMITED Company Information for the year ended 31 March 2024
Directors
Christine Walker Hebborn Caroline Walker Hebborn Tyrone Walker Hebborn
Company Number
03196685 (England and Wales)
Registered Office
93-95 MILE END ROAD STEPNEY GREEN LONDON E1 4UJ
Accountants
ABBEYGATE ACCOUNTANCY LTD UNIT 27 STATION HILL THURSTON BURY ST. EDMUNDS ENGLAND IP31 3QU
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GENESIS ENTERTAINMENT (MILE END) LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,249,203 
2,149,909 
Current assets
Inventories
13,912 
16,600 
Debtors
959,734 
1,124,160 
Cash at bank and in hand
9,258 
(130,675)
982,904 
1,010,085 
Creditors: amounts falling due within one year
(1,348,824)
(1,101,384)
Net current liabilities
(365,920)
(91,299)
Total assets less current liabilities
1,883,283 
2,058,610 
Creditors: amounts falling due after more than one year
(348,020)
(292,817)
Net assets
1,535,263 
1,765,793 
Capital and reserves
Called up share capital
2 
2 
Fair value reserve
250,914 
250,914 
Profit and loss account
1,284,347 
1,514,877 
Shareholders' funds
1,535,263 
1,765,793 
For the year ending 31 March 2024 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 3 July 2024 and were signed on its behalf by
Tyrone Walker Hebborn Director Company Registration No. 03196685
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GENESIS ENTERTAINMENT (MILE END) LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
GENESIS ENTERTAINMENT (MILE END) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03196685. The registered office is 93-95 MILE END ROAD, STEPNEY GREEN, LONDON, E1 4UJ.
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.
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
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
36,441 
At 31 March 2024
36,441 
Amortisation
At 1 April 2023
36,441 
At 31 March 2024
36,441 
Net book value
At 31 March 2024
- 
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GENESIS ENTERTAINMENT (MILE END) LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
1,647,883 
350,991 
180,431 
132,308 
13,096 
2,324,709 
Additions
- 
- 
201,546 
1,499 
9,024 
212,069 
At 31 March 2024
1,647,883 
350,991 
381,977 
133,807 
22,120 
2,536,778 
Depreciation
At 1 April 2023
- 
70,198 
73,818 
26,462 
4,322 
174,800 
Charge for the year
- 
56,159 
31,400 
21,239 
3,977 
112,775 
At 31 March 2024
- 
126,357 
105,218 
47,701 
8,299 
287,575 
Net book value
At 31 March 2024
1,647,883 
224,634 
276,759 
86,106 
13,821 
2,249,203 
At 31 March 2023
1,647,883 
280,793 
106,613 
105,846 
8,774 
2,149,909 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,861 
78,169 
Amounts due from group undertakings etc.
- 
5,121 
Accrued income and prepayments
13,446 
16,202 
Other debtors
925,427 
1,024,668 
959,734 
1,124,160 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
96,814 
102,959 
VAT
44,065 
44,866 
Obligations under finance leases and hire purchase contracts
29,184 
11,348 
Trade creditors
399,017 
254,440 
Amounts owed to group undertakings and other participating interests
304,432 
296,051 
Taxes and social security
22,268 
391,720 
Other creditors
102,288 
- 
Loans from directors
345,577 
- 
Accruals
5,179 
- 
1,348,824 
1,101,384 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
83,182 
181,755 
Obligations under finance leases and hire purchase contracts
264,838 
111,062 
348,020 
292,817 
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GENESIS ENTERTAINMENT (MILE END) LIMITED Notes to the Accounts for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 58 (2023: 46).
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