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REGISTERED NUMBER: 01134470 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Genner Securities Ltd

Genner Securities Ltd (Registered number: 01134470)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Genner Securities Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: A B Wakeham
J M Wakeham
B I Wakeham
D R Wakeham





SECRETARY: Genner Secretaries Limited





REGISTERED OFFICE: Bennett House
The Dean
Alresford
Hampshire
SO24 9BH





REGISTERED NUMBER: 01134470 (England and Wales)






Genner Securities Ltd (Registered number: 01134470)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Fixed assets 4 9,552 10,552

CURRENT ASSETS
Stocks 5 1,531,996 1,653,779
Debtors 6 - 2,400
Cash at bank 270,514 85,689
1,802,510 1,741,868
CREDITORS
Amounts falling due within one year 7 2,147 -
NET CURRENT ASSETS 1,800,363 1,741,868
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,809,915

1,752,420

PROVISIONS FOR LIABILITIES 8 1,656 1,811
NET ASSETS 1,808,259 1,750,609

CAPITAL AND RESERVES
Called up share capital 9 200 200
Capital reserve 784,283 784,283
Retained earnings 1,023,776 966,126
SHAREHOLDERS' FUNDS 1,808,259 1,750,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Genner Securities Ltd (Registered number: 01134470)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2024 and were signed on its behalf by:





A B Wakeham - Director


Genner Securities Ltd (Registered number: 01134470)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Genner Securities Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2023
and 31 July 2024 41,586
DEPRECIATION
At 1 August 2023 31,034
Charge for year 1,000
At 31 July 2024 32,034
NET BOOK VALUE
At 31 July 2024 9,552
At 31 July 2023 10,552

5. STOCKS
2024 2023
£    £   
Stock of investments 1,531,996 1,653,779

Genner Securities Ltd (Registered number: 01134470)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 2,400

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 2,147 -

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,656 1,811

Deferred
tax
£   
Balance at 1 August 2023 1,811
Accelerated capital allowances (155 )
Balance at 31 July 2024 1,656

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
100 Ordinary 'A' £1 100 100
200 200

The holders of the ordinary 'A' shares have no right to vote at General Meetings of the company and have no right to any surplus arising from the winding up of the company.

10. ULTIMATE CONTROLLING PARTY

All the shares in the company are owned by the Wakeham family but are held in the nominee name of Genner Nominees Ltd.

11. RELATED PARTY INTERESTS

The company held interests in the issued ordinary share capital of Genner Trust Limited - 100%, Genner Holdings Limited - 80%, Genner Farms Limited - 89% and Genner Investments Limited - 18.69%, all of which are incorporated in Great Britain and registered in England and Wales. All of these companies are non-trading.