GENUS DEVELOPMENTS LTD

Company Registration Number:
10693840 (England and Wales)

Unaudited abridged accounts for the year ended 26 March 2024

Period of accounts

Start date: 28 March 2023

End date: 26 March 2024

GENUS DEVELOPMENTS LTD

Contents of the Financial Statements

for the Period Ended 26 March 2024

Balance sheet
Notes

GENUS DEVELOPMENTS LTD

Balance sheet

As at 26 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 98 131
Total fixed assets: 98 131
Current assets
Stocks: 14,382 14,382
Debtors:   1,097,952 1,330,644
Cash at bank and in hand: 613,542 660,782
Investments:   6,060,334 5,855,513
Total current assets: 7,786,210 7,861,321
Creditors: amounts falling due within one year:   (65,836) (56,284)
Net current assets (liabilities): 7,720,374 7,805,037
Total assets less current liabilities: 7,720,472 7,805,168
Total net assets (liabilities): 7,720,472 7,805,168
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 7,720,372 7,805,068
Shareholders funds: 7,720,472 7,805,168

The notes form part of these financial statements

GENUS DEVELOPMENTS LTD

Balance sheet statements

For the year ending 26 March 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 21 March 2025
and signed on behalf of the board by:

Name: Mr J Russell
Status: Director

The notes form part of these financial statements

GENUS DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 26 March 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

GENUS DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 26 March 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

GENUS DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 26 March 2024

3. Tangible Assets

Total
Cost £
At 28 March 2023 568
At 26 March 2024 568
Depreciation
At 28 March 2023 437
Charge for year 33
At 26 March 2024 470
Net book value
At 26 March 2024 98
At 27 March 2023 131