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REGISTERED NUMBER: 03648696 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

GENESIS TECHNICAL RECRUITMENT LIMITED

GENESIS TECHNICAL RECRUITMENT LIMITED (REGISTERED NUMBER: 03648696)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GENESIS TECHNICAL RECRUITMENT LIMITED

Company Information
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: N Dass





REGISTERED OFFICE: 67 Knightlow Road
Harborne
Birmingham
West Midlands
B17 8PX





REGISTERED NUMBER: 03648696 (England and Wales)






GENESIS TECHNICAL RECRUITMENT LIMITED (REGISTERED NUMBER: 03648696)

Balance Sheet
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 43,996 66,015

CURRENT ASSETS
Debtors 5 259,688 277,632
Cash at bank 11,686 42,805
271,374 320,437
CREDITORS
Amounts falling due within one year 6 165,280 199,104
NET CURRENT ASSETS 106,094 121,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

150,090

187,348

CREDITORS
Amounts falling due after more than one year 7 (52,634 ) (71,405 )

PROVISIONS FOR LIABILITIES (10,953 ) (15,412 )
NET ASSETS 86,503 100,531

CAPITAL AND RESERVES
Called up share capital 124 124
Share premium 149,975 149,975
Retained earnings (63,596 ) (49,568 )
SHAREHOLDERS' FUNDS 86,503 100,531

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

GENESIS TECHNICAL RECRUITMENT LIMITED (REGISTERED NUMBER: 03648696)

Balance Sheet - continued
30 JUNE 2024


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 director and authorised for issue on 24 March 2025 and were signed by:





N Dass - Director


GENESIS TECHNICAL RECRUITMENT LIMITED (REGISTERED NUMBER: 03648696)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Genesis Technical Recruitment 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.

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.

Debt factoring
All sales invoices, excluding permanent placement invoices, are factored.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 27,792 78,636 52,262 158,690
Additions - - 769 769
At 30 June 2024 27,792 78,636 53,031 159,459
DEPRECIATION
At 1 July 2023 27,595 21,318 43,762 92,675
Charge for year 49 19,680 3,059 22,788
At 30 June 2024 27,644 40,998 46,821 115,463
NET BOOK VALUE
At 30 June 2024 148 37,638 6,210 43,996
At 30 June 2023 197 57,318 8,500 66,015

GENESIS TECHNICAL RECRUITMENT LIMITED (REGISTERED NUMBER: 03648696)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 134,783 145,100
Other debtors 72,635 72,635
Directors' current accounts 52,270 59,897
259,688 277,632

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 309 1,701
Other loans 10,600 10,600
Hire purchase contracts 14,362 14,362
Trade creditors 60,573 46,121
Tax 32,073 43,209
Social security and other taxes 4,616 2,827
VAT 6,567 19,304
Accrued expenses 36,180 60,980
165,280 199,104

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Other loans - 2-5 years 8,022 17,867
Hire purchase contracts 44,612 53,538
52,634 71,405

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party during the year was Mrs N Dass.