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Company Registration No. 14401477 (England and Wales)
GENIEX LTD Unaudited accounts for the period from 1 November 2023 to 31 March 2025
GENIEX LTD Unaudited accounts Contents
Page
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GENIEX LTD Company Information for the period from 1 November 2023 to 31 March 2025
Directors
Ali Ayaz Gajani Richard Startup
Secretary
Amanda Garnett
Company Number
14401477 (England and Wales)
Registered Office
3 LLOYDS AVENUE LONDON EC3N 3DS ENGLAND
Accountants
Forest Edge Accountancy 2 Appletree Close Redlynch Salisbury Wiltshire SP5 2JG
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GENIEX LTD Statement of financial position as at 31 March 2025
2025 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
361 
- 
Current assets
Debtors
10,560 
10,000 
Cash at bank and in hand
33,144 
6,594 
43,704 
16,594 
Creditors: amounts falling due within one year
(46,186)
(5,843)
Net current (liabilities)/assets
(2,482)
10,751 
Net (liabilities)/assets
(2,121)
10,751 
Capital and reserves
Called up share capital
10,000 
10,000 
Share premium
129,600 
- 
Profit and loss account
(141,721)
751 
Shareholders' funds
(2,121)
10,751 
For the period ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by
Richard Startup Director Company Registration No. 14401477
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GENIEX LTD Notes to the Accounts for the period from 1 November 2023 to 31 March 2025
1
Statutory information
GENIEX LTD is a private company, limited by shares, registered in England and Wales, registration number 14401477. The registered office is 3 LLOYDS AVENUE, LONDON, EC3N 3DS, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
3 years straight line
Share Capital and Share Premium
On 17th June 2024, 40,000 Ordinary Shares of £0.01 each were issued to Feng Fu Lai for a consideration of £100,000. Share premium of £99,600 was generated on the issue of these shares. On 13th March 2025, a further 20,000 Ordinary Shares of £0.01 each were applied for by Mr Feng Fu Lai. A consideration of £30,000 has been received, with a remaining consideration of £30,000 to be paid after the year end. Total Share Premium amounts to £129,600.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2023
- 
Additions
542 
At 31 March 2025
542 
Depreciation
Charge for the period
181 
At 31 March 2025
181 
Net book value
At 31 March 2025
361 
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GENIEX LTD Notes to the Accounts for the period from 1 November 2023 to 31 March 2025
5
Debtors
2025 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
10,560 
10,000 
6
Creditors: amounts falling due within one year
2025 
2023 
£ 
£ 
Trade creditors
35,321 
- 
Taxes and social security
429 
5,363 
Other creditors
1,922 
- 
Loans from directors
8,030 
30 
Accruals
484 
450 
46,186 
5,843 
7
Average number of employees
During the period the average number of employees was 4 (2023: 2).
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