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Company Registration No. 11327580 (England and Wales)
Genial Living Limited Unaudited accounts for the year ended 30 April 2024
Genial Living Limited Unaudited accounts Contents
Page
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Genial Living Limited Company Information for the year ended 30 April 2024
Directors
Mrs L J Davies Mr W P Davies Mrs G Fox Mr N P Fox
Company Number
11327580 (England and Wales)
Registered Office
6 MENDIP WAY CORBY NN18 8GJ ENGLAND
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Genial Living Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
105,000 
105,000 
Current assets
Debtors
28 
- 
Cash at bank and in hand
8,811 
7,513 
8,839 
7,513 
Creditors: amounts falling due within one year
(90,860)
(93,053)
Net current liabilities
(82,021)
(85,540)
Total assets less current liabilities
22,979 
19,460 
Provisions for liabilities
Deferred tax
(3,377)
(3,377)
Net assets
19,602 
16,083 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
34,186 
34,186 
Profit and loss account
(14,684)
(18,203)
Shareholders' funds
19,602 
16,083 
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by
Mr W P Davies Director Company Registration No. 11327580
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Genial Living Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Genial Living Limited is a private company, limited by shares, registered in England and Wales, registration number 11327580. The registered office is 6 MENDIP WAY, CORBY, NN18 8GJ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 basis
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2023
743 
At 30 April 2024
743 
Depreciation
At 1 May 2023
743 
At 30 April 2024
743 
Net book value
At 30 April 2024
- 
5
Investment property
2024 
£ 
Fair value at 1 May 2023
105,000 
At 30 April 2024
105,000 
The directors consider that the value at the balance sheet date matches the current market value.
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Genial Living Limited Notes to the Accounts for the year ended 30 April 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
28 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
9 
- 
Other creditors
89,951 
92,303 
Accruals
900 
750 
90,860 
93,053 
8
Transactions with related parties
The Company has received loans from its parent companies. At the balance sheet date, the Company owed both parent companies £46,152 each (2022: £46,321 each). These loans are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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