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REGISTERED NUMBER: 06249161 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

GENTEC SERVICES LIMITED

GENTEC SERVICES LIMITED (REGISTERED NUMBER: 06249161)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GENTEC SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mr N L Steel
Mrs C L Steel





REGISTERED OFFICE: 4 Spur Road
Cosham
Portsmouth
Hampshire
PO6 3EB





REGISTERED NUMBER: 06249161 (England and Wales)





ACCOUNTANTS: AMR Bookkeeping & Accounts Limited
4 Spur Road
Cosham
PORTSMOUTH
Hampshire
PO6 3EB

GENTEC SERVICES LIMITED (REGISTERED NUMBER: 06249161)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 122,188 106,145

CURRENT ASSETS
Debtors 5 37,731 21,952
Cash at bank 95,743 103,852
133,474 125,804
CREDITORS
Amounts falling due within one year 6 30,066 24,452
NET CURRENT ASSETS 103,408 101,352
TOTAL ASSETS LESS CURRENT
LIABILITIES

225,596

207,497

CREDITORS
Amounts falling due after more than one year 7 58,362 64,924
NET ASSETS 167,234 142,573

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 167,232 142,571
SHAREHOLDERS' FUNDS 167,234 142,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

GENTEC SERVICES LIMITED (REGISTERED NUMBER: 06249161)

BALANCE SHEET - continued
31 MAY 2024


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 8 October 2024 and were signed on its behalf by:





Mr N L Steel - Director


GENTEC SERVICES LIMITED (REGISTERED NUMBER: 06249161)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Gentec Services Limited 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 - 20% on reducing balance
Tooling and development - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Office Equipment - 20% on reducing balance

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 2 (2023 - 2 ) .

GENTEC SERVICES LIMITED (REGISTERED NUMBER: 06249161)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Tooling
Plant and and Motor Office
machinery development vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 116,083 3,664 149,534 3,191 272,472
Additions 13,311 - 33,279 - 46,590
At 31 May 2024 129,394 3,664 182,813 3,191 319,062
DEPRECIATION
At 1 June 2023 101,537 3,518 58,755 2,517 166,327
Charge for year 5,571 29 24,812 135 30,547
At 31 May 2024 107,108 3,547 83,567 2,652 196,874
NET BOOK VALUE
At 31 May 2024 22,286 117 99,246 539 122,188
At 31 May 2023 14,546 146 90,779 674 106,145

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 37,731 21,952

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 2 -
Tax 564 5,364
VAT 11,235 16,320
Other creditors 1,044 984
Credit card 115 1,784
Credit card 2 1,828 -
Directors' current accounts 15,278 -
30,066 24,452

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 58,362 64,924