Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-30true2023-05-01No description of principal activity1false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09000335 2023-05-01 2024-04-30 09000335 2022-05-01 2023-04-30 09000335 2024-04-30 09000335 2023-04-30 09000335 c:Director1 2023-05-01 2024-04-30 09000335 d:ComputerSoftware 2024-04-30 09000335 d:ComputerSoftware 2023-04-30 09000335 d:CurrentFinancialInstruments 2024-04-30 09000335 d:CurrentFinancialInstruments 2023-04-30 09000335 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 09000335 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 09000335 d:ShareCapital 2024-04-30 09000335 d:ShareCapital 2023-04-30 09000335 d:RetainedEarningsAccumulatedLosses 2024-04-30 09000335 d:RetainedEarningsAccumulatedLosses 2023-04-30 09000335 c:FRS102 2023-05-01 2024-04-30 09000335 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09000335 c:FullAccounts 2023-05-01 2024-04-30 09000335 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09000335 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number:  09000335














GENEVA CORP LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


 
GENEVA CORP LIMITED
REGISTERED NUMBER: 09000335

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
 5 
625
1,123

  
625
1,123

Creditors: amounts falling due within one year
 6 
(29,563)
(29,525)

Net current liabilities
  
 
 
(28,938)
 
 
(28,402)

Total assets less current liabilities
  
(28,938)
(28,402)

  

Net liabilities
  
(28,938)
(28,402)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(28,940)
(28,404)

  
(28,938)
(28,402)


Page 1

 
GENEVA CORP LIMITED
REGISTERED NUMBER: 09000335
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A Smith
Director

Date: 28 April 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GENEVA CORP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act
2006 and registered in England and Wales (no.09000335). The address of the registered office is The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ.  
These financial statements present information about the company as an individual undertaking; it is not
a member of a group of companies. The principal activity of the company is that of information technology consultancy.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 3

 
GENEVA CORP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Intangible assets




Computer software

£



Cost


At 1 May 2023
38,724



At 30 April 2024

38,724



Amortisation


At 1 May 2023
38,724



At 30 April 2024

38,724



Net book value



At 30 April 2024
-



At 30 April 2023
-



Page 4

 
GENEVA CORP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
625
1,123

625
1,123



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
29,083
28,875

Accruals and deferred income
480
650

29,563
29,525



7.


Related party transactions

Included in other creditors is an amount of £29,083 (2023 - £28,875) owed to the director. The loan is repayable on demand and no interest has been charged.


8.


Controlling party

The company is under the control of the director.

 
Page 5