Company Registration No. 12372299 (England and Wales)
GenEarth Ltd
Unaudited accounts
for the year ended 31 December 2023
GenEarth Ltd
Unaudited accounts
Contents
GenEarth Ltd
Company Information
for the year ended 31 December 2023
Company Number
12372299 (England and Wales)
Registered Office
3rd Floor 207 Regent Street
London
W1B 3HH
United Kingdom
Accountants
Steffanie Hartley
9A Tufton Street
London
SW1P 3QB
GenEarth Ltd
Statement of financial position
as at 31 December 2023
Creditors: amounts falling due within one year
(1,574)
(1,050)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 September 2024 and were signed on its behalf by
Laura Dempsey
Director
Company Registration No. 12372299
GenEarth Ltd
Notes to the Accounts
for the year ended 31 December 2023
GenEarth Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 12372299. The registered office is 3rd Floor 207 Regent Street, London, W1B 3HH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration of grants received. Turnover from the rendering of services is recognised by reference to the stage of completion of the grant. The stage of completion of a grant is measured by comparing the costs incurred for work performed to date to the total estimated grant costs.
Amounts falling due within one year
Accrued income and prepayments
101
-
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
70
69
6
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7
Average number of employees
During the year the average number of employees was 1 (2022: 2).