Company Registration No. 12204447 (England and Wales)
GINGER GENES LTD
Unaudited accounts
for the year ended 30 September 2024
GINGER GENES LTD
Unaudited accounts
Contents
GINGER GENES LTD
Company Information
for the year ended 30 September 2024
Company Number
12204447 (England and Wales)
Registered Office
7 Byron Hill Road
Harrow
HA2 0JE
ENGLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
GINGER GENES LTD
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
2,965
29,653
Creditors: amounts falling due within one year
(30,761)
(29,175)
Net current assets
23,831
14,093
Called up share capital
1
1
Profit and loss account
23,830
15,438
Shareholders' funds
23,831
15,439
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 March 2025 and were signed on its behalf by
Zoe Ireland
Director
Company Registration No. 12204447
GINGER GENES LTD
Notes to the Accounts
for the year ended 30 September 2024
GINGER GENES LTD is a private company, limited by shares, registered in England and Wales, registration number 12204447. The registered office is 7 Byron Hill Road, Harrow, HA2 0JE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line
GINGER GENES LTD
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
At 30 September 2024
5,028
At 30 September 2024
5,028
At 30 September 2023
1,346
Amounts falling due within one year
Trade debtors
13,065
13,615
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
27,877
28,183
Loans from directors
2,535
493
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).