Company Registration No. 13699260 (England and Wales)
IVAN GENI LTD
Unaudited accounts
for the year ended 30 September 2024
IVAN GENI LTD
Unaudited accounts
Contents
IVAN GENI LTD
Company Information
for the year ended 30 September 2024
Director
IVAN KIROV GEORGIEV
Company Number
13699260 (England and Wales)
Registered Office
327 HODGSON COURT NIGHTINGALE AVENUE
HARROW
HA1 3GH
ENGLAND
IVAN GENI LTD
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
1,341
570
Creditors: amounts falling due within one year
(5,514)
(4,977)
Net current liabilities
(3,654)
(3,888)
Net liabilities
(2,826)
(2,358)
Called up share capital
100
100
Profit and loss account
(2,926)
(2,458)
Shareholders' funds
(2,826)
(2,358)
For the year ending 30 September 2024 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 his 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 13 October 2024 and were signed on its behalf by
IVAN KIROV GEORGIEV
Director
Company Registration No. 13699260
IVAN GENI LTD
Notes to the Accounts
for the year ended 30 September 2024
IVAN GENI LTD is a private company, limited by shares, registered in England and Wales, registration number 13699260. The registered office is 327 HODGSON COURT NIGHTINGALE AVENUE, HARROW, HA1 3GH, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
IVAN GENI LTD
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
2,298
509
2,807
At 30 September 2024
2,298
509
2,807
At 1 October 2023
1,150
127
1,277
Charge for the year
575
127
702
At 30 September 2024
1,725
254
1,979
At 30 September 2024
573
255
828
At 30 September 2023
1,148
382
1,530
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
5,514
4,901
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).