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REGISTERED NUMBER: 11986491 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Gentronics Solutions Ltd

Gentronics Solutions Ltd (Registered number: 11986491)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Gentronics Solutions Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr A C Genever
Mr S Rains





SECRETARY: Mrs S E Genever





REGISTERED OFFICE: Unit 4&5, Banda Trading Estate
Nursteed Road
Devizes
Wiltshire
SN10 3DY





REGISTERED NUMBER: 11986491 (England and Wales)





ACCOUNTANTS: Mulberry & Co
Chartered Certified Accountants
& Chartered Tax Advisers
C/O Mulberry & Co
Eastgate House
Dogflud Way
Farnham
Surrey
GU9 7UD

Gentronics Solutions Ltd (Registered number: 11986491)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 188,947 140,911

CURRENT ASSETS
Stocks 281,916 262,284
Debtors 5 196,340 129,327
Cash at bank and in hand 40,145 37,096
518,401 428,707
CREDITORS
Amounts falling due within one year 6 (470,441 ) (453,495 )
NET CURRENT ASSETS/(LIABILITIES) 47,960 (24,788 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

236,907

116,123

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 236,807 116,023
SHAREHOLDERS' FUNDS 236,907 116,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 11 September 2024 and were signed on its behalf by:





Mr A C Genever - Director


Gentronics Solutions Ltd (Registered number: 11986491)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Gentronics Solutions 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 8 ) .

Gentronics Solutions Ltd (Registered number: 11986491)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 May 2023 93,783 15,527 84,287 193,597
Additions 6,556 1,562 59,991 68,109
Disposals - - (36,000 ) (36,000 )
At 30 April 2024 100,339 17,089 108,278 225,706
DEPRECIATION
At 1 May 2023 - 7,393 45,293 52,686
Charge for year - 1,414 3,472 4,886
Eliminated on disposal - - (20,813 ) (20,813 )
At 30 April 2024 - 8,807 27,952 36,759
NET BOOK VALUE
At 30 April 2024 100,339 8,282 80,326 188,947
At 30 April 2023 93,783 8,134 38,994 140,911

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 189,340 129,327
Other debtors 7,000 -
196,340 129,327

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts - 8,598
Trade creditors 846 17,607
Taxation and social security 35,147 28,978
Other creditors 434,448 398,312
470,441 453,495