BrightAccountsProduction v1.0.0 v1.0.0 2023-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts FRS 105 Accounts The principal activity of the company is the provision of the wholesale and repair of machinery and equipment. 20 September 2024 NI664103 2023-12-31 NI664103 2022-12-31 NI664103 2021-12-31 NI664103 2023-01-01 2023-12-31 NI664103 2022-01-01 2022-12-31 NI664103 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 NI664103 uk-curr:PoundSterling 2023-01-01 2023-12-31 NI664103 uk-bus:AbridgedAccounts 2023-01-01 2023-12-31 NI664103 uk-core:CapitalReserve 2023-12-31 NI664103 uk-core:CapitalReserve 2022-12-31 NI664103 2023-01-01 2023-12-31 NI664103 uk-bus:Director1 2023-01-01 2023-12-31 NI664103 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 NI664103 uk-bus:Micro-entities 2023-01-01 2023-12-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
Genesis Agri Ltd
 
Unaudited Financial Statements
 
for the financial year ended 31 December 2023



Genesis Agri Ltd
Company Registration Number: NI664103
BALANCE SHEET
as at 31 December 2023

    2023   2022
  £   £
 
 
Fixed Assets 66,324   78,838
  ─────────   ─────────
 
Current assets 369,392   183,311
 
Creditors: amounts falling due within one year (380,144)   (200,070)
  ─────────   ─────────
Net Current Liabilities (10,752)   (16,759)
  ─────────   ─────────
 
Total Assets less Current Liabilities 55,572   62,079
 
Creditors: amounts falling due after more than one year (9,981)   (14,083)
 
Accruals and deferred income (6,299)   (4,660)
  ─────────   ─────────
Net Assets 39,292   43,336
  ═════════   ═════════
 
Capital and Reserves 39,292   43,336
  ═════════   ═════════
 
Notes to the Financial statements
   
1. General Information
 
Genesis Agri Ltd is a private company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI664103. The registered office of the company is 3 Hammonds Road, Ballinderry Upper, Lisburn, Co. Down, BT28 2NG, Northern Ireland which is also the principal place of business of the company.

The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.

The financial statements cover the individual entity Genesis Agri Ltd, for the financial year ended 31st December 2023.
   
2. Financial commitments and guarantees
 
The company operates a defined contribution pension scheme. The assets of the scheme are held in an independently administered fund. At the year end there were unpaid contributions of £299 due to the fund. These are included in Creditors: amounts falling due within one year.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was
 
  2023 2022
  Number Number
 
Directors 2 2
Employee 1 1
  ───────── ─────────
  3 3
  ═════════ ═════════
     
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
 
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
 
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
 
These financial statements have been prepared in accordance with the provisions available to micro-entities in Part 15 of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
 
The company has taken advantage of the exemption under section 444 not to file the Directors' Report, Abridged Profit and Loss Account.
 
Approved by the Board on 20 September 2024 and signed on its behalf by:
 
 
   
________________________________  
Stephen Lewis  
Director