GENSYS TECHNOLOGY LIMITED

Company Registration Number:
03713406 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

GENSYS TECHNOLOGY LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GENSYS TECHNOLOGY LIMITED

Company Information

for the Period Ended 28 February 2024




Director: Christopher Dodsworth
Registered office: 44
Chorley Road
West Wycombe
Buckinghamshire
GBR
HP14 3AR
Company Registration Number: 03713406 (England and Wales)

GENSYS TECHNOLOGY LIMITED

Directors' Report Period Ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal Activities

IT consultants

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 28 February 2024
Christopher Dodsworth

This report was approved by the board of directors on 27 October 2024
And Signed On Behalf Of The Board By:

Name: Christopher Dodsworth
Status: Director

GENSYS TECHNOLOGY LIMITED

Profit and Loss Account

for the Period Ended 28 February 2024


Notes

2024
£

2023
£
Turnover 193,224 225,677
Cost of sales ( 102,437 ) ( 104,563 )
Gross Profit or (Loss) 90,787 121,114
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 1,105 ) ( 1,200 )
Administrative Expenses ( 84,733 ) ( 112,566 )
Other operating income 0 0
Operating Profit or (Loss) 4,949 7,348
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 4,949 7,348
Tax on Profit ( 940 ) ( 1,396 )
Profit or (Loss) for Period 4,009 5,952

The notes form part of these financial statements

GENSYS TECHNOLOGY LIMITED

Balance sheet

As at 28 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 3,900 4,300
Total fixed assets: 3,900 4,300
Current assets
Stocks: 1,000 1,000
Debtors: 5 17,844 3,677
Cash at bank and in hand: 68,934 100,356
Total current assets: 87,778 105,033
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 16,945 ) ( 4,667 )
Net current assets (liabilities): 70,833 100,366
Total assets less current liabilities: 74,733 104,666
Creditors: amounts falling due after more than one year: 7 ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 74,733 104,666

The notes form part of these financial statements

GENSYS TECHNOLOGY LIMITED

Balance sheet continued

As at 28 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 5,000 5,000
Revaluation reserve: 8 4,000 5,000
Profit and loss account: 65,733 94,666
Shareholders funds: 74,733 104,666

For the year ending 28 February 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 27 October 2024
And Signed On Behalf Of The Board By:

Name: Christopher Dodsworth
Status: Director

The notes form part of these financial statements

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 3. Off balance sheet disclosure

    No

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 March 2023 4,300 4,300
Additions - -
Disposals ( 400 ) ( 400 )
Revaluations - -
Transfers - -
At 28 February 2024 3,900 3,900
Depreciation
At 01 March 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 28 February 2024 - -
Net book value
At 28 February 2024 3,900 3,900
At 28 February 2023 4,300 4,300

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Debtors


2024
£

2023
£
Trade debtors 17,844 3,677
Total 17,844 3,677
Debtors due after more than one year: 0 0

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 16,945 4,667
Total 16,945 4,667

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 0 0

GENSYS TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

8. Revaluation reserve


2024
£
Balance at 01 March 2023 5,000
Surplus or deficit after revaluation ( 1,000 )
Balance at 28 February 2024 4,000