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REGISTERED NUMBER: 12351291 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

GENIO CAPITAL LIMITED

GENIO CAPITAL LIMITED (REGISTERED NUMBER: 12351291)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GENIO CAPITAL LIMITED

COMPANY INFORMATION
for the Year Ended 31ST DECEMBER 2024







DIRECTORS: R L C Soderman
T F Underwood





REGISTERED OFFICE: 13 Hursley Road
Chandler's Ford
Eastleigh
Hampshire
SO53 2FW





REGISTERED NUMBER: 12351291 (England and Wales)

GENIO CAPITAL LIMITED (REGISTERED NUMBER: 12351291)

BALANCE SHEET
31ST DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 65,142 78,170
Tangible assets 5 6,640 7,505
71,782 85,675

CURRENT ASSETS
Debtors 6 144,814 261,076
Cash at bank and in hand 274,048 117,977
418,862 379,053
CREDITORS
Amounts falling due within one year 7 65,093 99,242
NET CURRENT ASSETS 353,769 279,811
TOTAL ASSETS LESS CURRENT
LIABILITIES

425,551

365,486

PROVISIONS FOR LIABILITIES 1,660 1,876
NET ASSETS 423,891 363,610

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 422,891 362,610
423,891 363,610

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

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

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 3rd March 2025 and were signed on its behalf by:




R L C Soderman - Director



T F Underwood - Director


GENIO CAPITAL LIMITED (REGISTERED NUMBER: 12351291)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Genio Capital 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 33% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

GENIO CAPITAL LIMITED (REGISTERED NUMBER: 12351291)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST DECEMBER 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2024
and 31st December 2024 130,284
AMORTISATION
At 1st January 2024 52,114
Charge for year 13,028
At 31st December 2024 65,142
NET BOOK VALUE
At 31st December 2024 65,142
At 31st December 2023 78,170

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2024 14,228
Additions 3,335
At 31st December 2024 17,563
DEPRECIATION
At 1st January 2024 6,723
Charge for year 4,200
At 31st December 2024 10,923
NET BOOK VALUE
At 31st December 2024 6,640
At 31st December 2023 7,505

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 49,206 103,551
Other debtors 95,608 157,525
144,814 261,076

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 10,424 23,748
Taxation and social security 52,169 72,478
Other creditors 2,500 3,016
65,093 99,242