GENESIS GREEN STUD LIMITED

Company Registration Number:
02791867 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

GENESIS GREEN STUD LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

GENESIS GREEN STUD LIMITED

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 651,494 738,520
Total fixed assets: 651,494 738,520
Current assets
Stocks: 1,048,000 683,000
Debtors:   171,170 138,618
Cash at bank and in hand: 7,200 9,748
Total current assets: 1,226,370 831,366
Creditors: amounts falling due within one year: 4 (795,832) (694,893)
Net current assets (liabilities): 430,538 136,473
Total assets less current liabilities: 1,082,032 874,993
Total net assets (liabilities): 1,082,032 874,993
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,081,932 874,893
Shareholders funds: 1,082,032 874,993

The notes form part of these financial statements

GENESIS GREEN STUD LIMITED

Balance sheet statements

For the year ending 31 August 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 January 2025
and signed on behalf of the board by:

Name: W Swinburn
Status: Director

The notes form part of these financial statements

GENESIS GREEN STUD LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

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

GENESIS GREEN STUD LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 18 19

GENESIS GREEN STUD LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 1,404,040
At 31 August 2024 1,404,040
Depreciation
At 01 September 2023 665,520
Charge for year 87,026
At 31 August 2024 752,546
Net book value
At 31 August 2024 651,494
At 31 August 2023 738,520

GENESIS GREEN STUD LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

Bank Overdraft 200,864 Trade Creditors 203,528 VAT 13,777 Loans 242,281 Corporation Tax 135,382