Generic Domain Ltd 03029802 true 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Computer maintenance Digita Accounts Production Advanced 6.30.9574.0 true Mr Carl Helvadjian Miss Hazel Jane Duckett true 03029802 2023-04-01 2024-03-31 03029802 2024-03-31 03029802 bus:OrdinaryShareClass1 2024-03-31 03029802 core:RetainedEarningsAccumulatedLosses 2024-03-31 03029802 core:ShareCapital 2024-03-31 03029802 core:CurrentFinancialInstruments 2024-03-31 03029802 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03029802 core:FurnitureFittingsToolsEquipment 2024-03-31 03029802 bus:FRS102 2023-04-01 2024-03-31 03029802 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03029802 bus:FullAccounts 2023-04-01 2024-03-31 03029802 bus:RegisteredOffice 2023-04-01 2024-03-31 03029802 bus:CompanySecretary1 2023-04-01 2024-03-31 03029802 bus:Director1 2023-04-01 2024-03-31 03029802 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 03029802 bus:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 03029802 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03029802 core:FurnitureFittings 2023-04-01 2024-03-31 03029802 countries:England 2023-04-01 2024-03-31 03029802 2023-03-31 03029802 core:FurnitureFittingsToolsEquipment 2023-03-31 03029802 2023-03-31 03029802 bus:OrdinaryShareClass1 2023-03-31 03029802 core:RetainedEarningsAccumulatedLosses 2023-03-31 03029802 core:ShareCapital 2023-03-31 03029802 core:CurrentFinancialInstruments 2023-03-31 03029802 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03029802 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03029802

Generic Domain Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Generic Domain Ltd

Profit and Loss Account for the Year Ended 31 March 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Generic Domain Ltd

(Registration number: 03029802)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

189

189

Current assets

 

Debtors

4

739

739

Net assets

 

928

928

Capital and reserves

 

Called up share capital

5

2

2

Retained earnings

926

926

Shareholders' funds

 

928

928

For the financial 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.

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 9 September 2024
 

.........................................
Mr Carl Helvadjian
Director

 

Generic Domain Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1007 London Road
Leigh-On-Sea
Essex
SS9 3JY

These financial statements were authorised for issue by the director on 9 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

No depreciation provided

 

Generic Domain Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Generic Domain Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

3

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

450

450

At 31 March 2024

450

450

Depreciation

At 1 April 2023

261

261

At 31 March 2024

261

261

Carrying amount

At 31 March 2024

189

189

At 31 March 2023

189

189

4

Debtors

Current

2024
£

2023
£

Other debtors

739

739

 

739

739

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Share capital of £1 each

2

2

2

2