Silverfin false false 31/10/2023 06/10/2022 31/10/2023 I D Warren 06/10/2022 01 October 2024 The principal activity of the Company during the financial year was other professional, scientific and technical activities. 14402034 2023-10-31 14402034 bus:Director1 2023-10-31 14402034 core:CurrentFinancialInstruments 2023-10-31 14402034 core:ShareCapital 2023-10-31 14402034 core:RetainedEarningsAccumulatedLosses 2023-10-31 14402034 bus:OrdinaryShareClass1 2023-10-31 14402034 2022-10-06 2023-10-31 14402034 bus:FilletedAccounts 2022-10-06 2023-10-31 14402034 bus:SmallEntities 2022-10-06 2023-10-31 14402034 bus:AuditExemptWithAccountantsReport 2022-10-06 2023-10-31 14402034 bus:PrivateLimitedCompanyLtd 2022-10-06 2023-10-31 14402034 bus:Director1 2022-10-06 2023-10-31 14402034 bus:OrdinaryShareClass1 2022-10-06 2023-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14402034 (England and Wales)

GENERAS TECHNOLOGY LIMITED

Unaudited Financial Statements
For the financial period from 06 October 2022 to 31 October 2023
Pages for filing with the registrar

GENERAS TECHNOLOGY LIMITED

Unaudited Financial Statements

For the financial period from 06 October 2022 to 31 October 2023

Contents

GENERAS TECHNOLOGY LIMITED

BALANCE SHEET

As at 31 October 2023
GENERAS TECHNOLOGY LIMITED

BALANCE SHEET (continued)

As at 31 October 2023
31.10.2023
£
Creditors: amounts falling due within one year ( 27,764)
Net current liabilities (27,764)
Total assets less current liabilities (27,764)
Net liabilities ( 27,764)
Capital and reserves
Called-up share capital 3 1,000
Profit and loss account ( 28,764 )
Total shareholder's deficit ( 27,764)

For the financial period ending 31 October 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Generas Technology Limited (registered number: 14402034) were approved and authorised for issue by the Director on 01 October 2024. They were signed on its behalf by:

I D Warren
Director
GENERAS TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 06 October 2022 to 31 October 2023
GENERAS TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 06 October 2022 to 31 October 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Generas Technology Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Nexus House, 2 Cray Road, Sidcup, DA14 5DA, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

In 2024 the directors made the decision that the Company would cease trading. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

Period from
06.10.2022 to
31.10.2023
Number
Monthly average number of persons employed by the Company during the period, including the director 2

3. Called-up share capital

31.10.2023
£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each 1,000

4. Related party transactions

Transactions with the entity's director

31.10.2023
£
Director's Loan Account 26,564

The loan from the director is unsecured, interest free and repayable on demand.