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REGISTERED NUMBER: 04847952 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

GENESIS WEALTH STRATEGIES LIMITED

GENESIS WEALTH STRATEGIES LIMITED (REGISTERED NUMBER: 04847952)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Statement of Financial Position 1

Chartered Certified Accountants' Report 3

GENESIS WEALTH STRATEGIES LIMITED (REGISTERED NUMBER: 04847952)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

2024 2023
£    £    £    £   
FIXED ASSETS 5,059 6,294

CURRENT ASSETS 246,896 280,541

CREDITORS
Amounts falling due within one year (13,704 ) (16,328 )
NET CURRENT ASSETS 233,192 264,213
TOTAL ASSETS LESS CURRENT
LIABILITIES

238,251

270,507

CAPITAL AND RESERVES 238,251 270,507

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Genesis Wealth Strategies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04847952

Registered office: The Retreat
Spen Lane
Treales
Preston
Lancashire
PR4 3TE

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 2 ) .

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Mr I D Hutchinson
Balance outstanding at start of year 130,000 130,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 130,000 130,000

Interest was charged on the loan account at the Official Rate.



GENESIS WEALTH STRATEGIES LIMITED (REGISTERED NUMBER: 04847952)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2024


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 director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 13 August 2024 and were signed by:





Mr I D Hutchinson - Director


CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GENESIS WEALTH STRATEGIES LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Genesis Wealth Strategies Limited for the year ended 31 July 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Genesis Wealth Strategies Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Genesis Wealth Strategies Limited and state those matters that we have agreed to state to the director of Genesis Wealth Strategies Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Genesis Wealth Strategies Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Genesis Wealth Strategies Limited. You consider that Genesis Wealth Strategies Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Genesis Wealth Strategies Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Miller Roskell Limited
Chartered Certified Accountants
17 Victoria Road East
Thornton Cleveleys
Lancashire
FY5 5HT


13 August 2024