GENERATION ENTERPRISES LTD

Company Registration Number:
04437637 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

GENERATION ENTERPRISES LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

GENERATION ENTERPRISES LTD

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 1,314,616 1,314,616
Total fixed assets: 1,314,616 1,314,616
Current assets
Debtors:   83,000 30,000
Cash at bank and in hand: 92,525 122,365
Total current assets: 175,525 152,365
Creditors: amounts falling due within one year:   (5,562) (5,562)
Net current assets (liabilities): 169,963 146,803
Total assets less current liabilities: 1,484,579 1,461,419
Creditors: amounts falling due after more than one year:   (774,385) (774,385)
Total net assets (liabilities): 710,194 687,034
Capital and reserves
Called up share capital: 124,945 124,945
Revaluation reserve:4519,274519,274
Profit and loss account: 65,975 42,815
Shareholders funds: 710,194 687,034

The notes form part of these financial statements

GENERATION ENTERPRISES LTD

Balance sheet statements

For the year ending 31 May 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 28 February 2025
and signed on behalf of the board by:

Name: Paul Kevener
Status: Director

The notes form part of these financial statements

GENERATION ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

GENERATION ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

GENERATION ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Fixed investments

Real Estate

GENERATION ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Revaluation reserve

2024
£
Balance at 01 June 2023 519,274
Surplus or deficit after revaluation 0
Balance at 31 May 2024 519,274