2023-05-012024-04-302024-04-30false14056584GEN ONE DEVELOPMENTS PEVENSEY LIMITED2025-04-0741202falseiso4217:GBPxbrli:pure140565842023-05-01140565842024-04-30140565842023-05-012024-04-30140565842022-04-20140565842023-04-30140565842022-04-202023-04-3014056584bus:SmallEntities2023-05-012024-04-3014056584bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3014056584bus:FullAccounts2023-05-012024-04-3014056584bus:PrivateLimitedCompanyLtd2023-05-012024-04-3014056584core:WithinOneYear2024-04-3014056584core:AfterOneYear2024-04-3014056584core:WithinOneYear2023-04-3014056584core:AfterOneYear2023-04-3014056584core:ShareCapital2024-04-3014056584core:SharePremium2024-04-3014056584core:RevaluationReserve2024-04-3014056584core:OtherReservesSubtotal2024-04-3014056584core:RetainedEarningsAccumulatedLosses2024-04-3014056584core:ShareCapital2023-04-3014056584core:SharePremium2023-04-3014056584core:RevaluationReserve2023-04-3014056584core:OtherReservesSubtotal2023-04-3014056584core:RetainedEarningsAccumulatedLosses2023-04-3014056584core:LandBuildings2024-04-3014056584core:PlantMachinery2024-04-3014056584core:Vehicles2024-04-3014056584core:FurnitureFittings2024-04-3014056584core:OfficeEquipment2024-04-3014056584core:NetGoodwill2024-04-3014056584core:IntangibleAssetsOtherThanGoodwill2024-04-3014056584core:ListedExchangeTraded2024-04-3014056584core:UnlistedNon-exchangeTraded2024-04-3014056584core:LandBuildings2023-04-3014056584core:PlantMachinery2023-04-3014056584core:Vehicles2023-04-3014056584core:FurnitureFittings2023-04-3014056584core:OfficeEquipment2023-04-3014056584core:NetGoodwill2023-04-3014056584core:IntangibleAssetsOtherThanGoodwill2023-04-3014056584core:ListedExchangeTraded2023-04-3014056584core:UnlistedNon-exchangeTraded2023-04-3014056584core:LandBuildings2023-05-012024-04-3014056584core:PlantMachinery2023-05-012024-04-3014056584core:Vehicles2023-05-012024-04-3014056584core:FurnitureFittings2023-05-012024-04-3014056584core:OfficeEquipment2023-05-012024-04-3014056584core:NetGoodwill2023-05-012024-04-3014056584core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3014056584core:ListedExchangeTraded2023-05-012024-04-3014056584core:UnlistedNon-exchangeTraded2023-05-012024-04-3014056584core:MoreThanFiveYears2023-05-012024-04-3014056584core:Non-currentFinancialInstruments2024-04-3014056584core:Non-currentFinancialInstruments2023-04-3014056584dpl:CostSales2023-05-012024-04-3014056584dpl:DistributionCosts2023-05-012024-04-3014056584core:LandBuildings2023-05-012024-04-3014056584core:PlantMachinery2023-05-012024-04-3014056584core:Vehicles2023-05-012024-04-3014056584core:FurnitureFittings2023-05-012024-04-3014056584core:OfficeEquipment2023-05-012024-04-3014056584dpl:AdministrativeExpenses2023-05-012024-04-3014056584core:NetGoodwill2023-05-012024-04-3014056584core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3014056584dpl:GroupUndertakings2023-05-012024-04-3014056584dpl:ParticipatingInterests2023-05-012024-04-3014056584dpl:GroupUndertakingscore:ListedExchangeTraded2023-05-012024-04-3014056584core:ListedExchangeTraded2023-05-012024-04-3014056584dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-05-012024-04-3014056584core:UnlistedNon-exchangeTraded2023-05-012024-04-3014056584dpl:CostSales2022-04-202023-04-3014056584dpl:DistributionCosts2022-04-202023-04-3014056584core:LandBuildings2022-04-202023-04-3014056584core:PlantMachinery2022-04-202023-04-3014056584core:Vehicles2022-04-202023-04-3014056584core:FurnitureFittings2022-04-202023-04-3014056584core:OfficeEquipment2022-04-202023-04-3014056584dpl:AdministrativeExpenses2022-04-202023-04-3014056584core:NetGoodwill2022-04-202023-04-3014056584core:IntangibleAssetsOtherThanGoodwill2022-04-202023-04-3014056584dpl:GroupUndertakings2022-04-202023-04-3014056584dpl:ParticipatingInterests2022-04-202023-04-3014056584dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-202023-04-3014056584core:ListedExchangeTraded2022-04-202023-04-3014056584dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-202023-04-3014056584core:UnlistedNon-exchangeTraded2022-04-202023-04-3014056584core:NetGoodwill2024-04-3014056584core:IntangibleAssetsOtherThanGoodwill2024-04-3014056584core:LandBuildings2024-04-3014056584core:PlantMachinery2024-04-3014056584core:Vehicles2024-04-3014056584core:FurnitureFittings2024-04-3014056584core:OfficeEquipment2024-04-3014056584core:AfterOneYear2024-04-3014056584core:WithinOneYear2024-04-3014056584core:ListedExchangeTraded2024-04-3014056584core:UnlistedNon-exchangeTraded2024-04-3014056584core:ShareCapital2024-04-3014056584core:SharePremium2024-04-3014056584core:RevaluationReserve2024-04-3014056584core:OtherReservesSubtotal2024-04-3014056584core:RetainedEarningsAccumulatedLosses2024-04-3014056584core:NetGoodwill2023-04-3014056584core:IntangibleAssetsOtherThanGoodwill2023-04-3014056584core:LandBuildings2023-04-3014056584core:PlantMachinery2023-04-3014056584core:Vehicles2023-04-3014056584core:FurnitureFittings2023-04-3014056584core:OfficeEquipment2023-04-3014056584core:AfterOneYear2023-04-3014056584core:WithinOneYear2023-04-3014056584core:ListedExchangeTraded2023-04-3014056584core:UnlistedNon-exchangeTraded2023-04-3014056584core:ShareCapital2023-04-3014056584core:SharePremium2023-04-3014056584core:RevaluationReserve2023-04-3014056584core:OtherReservesSubtotal2023-04-3014056584core:RetainedEarningsAccumulatedLosses2023-04-3014056584core:NetGoodwill2022-04-2014056584core:IntangibleAssetsOtherThanGoodwill2022-04-2014056584core:LandBuildings2022-04-2014056584core:PlantMachinery2022-04-2014056584core:Vehicles2022-04-2014056584core:FurnitureFittings2022-04-2014056584core:OfficeEquipment2022-04-2014056584core:AfterOneYear2022-04-2014056584core:WithinOneYear2022-04-2014056584core:ListedExchangeTraded2022-04-2014056584core:UnlistedNon-exchangeTraded2022-04-2014056584core:ShareCapital2022-04-2014056584core:SharePremium2022-04-2014056584core:RevaluationReserve2022-04-2014056584core:OtherReservesSubtotal2022-04-2014056584core:RetainedEarningsAccumulatedLosses2022-04-2014056584core:AfterOneYear2023-05-012024-04-3014056584core:WithinOneYear2023-05-012024-04-3014056584core:Non-currentFinancialInstrumentscore:CostValuation2023-05-012024-04-3014056584core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-012024-04-3014056584core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-012024-04-3014056584core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-012024-04-3014056584core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-012024-04-3014056584core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-012024-04-3014056584core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3014056584core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3014056584core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3014056584core:Non-currentFinancialInstrumentscore:CostValuation2024-04-3014056584core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-04-3014056584core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-04-3014056584core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-04-3014056584core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-04-3014056584core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-04-3014056584core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-04-3014056584core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-04-3014056584core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-04-3014056584core:Non-currentFinancialInstrumentscore:CostValuation2023-04-3014056584core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-3014056584core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-3014056584core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-3014056584core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-3014056584core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-3014056584core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-3014056584core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-3014056584core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-3014056584bus:Director12023-05-012024-04-30140565841bus:Director12023-05-01140565841bus:Director12023-05-012024-04-30140565841bus:Director12024-04-30140565842023-05-01140565842023-05-012024-04-30140565842024-04-30

GEN ONE DEVELOPMENTS PEVENSEY LIMITED

Registered Number
14056584
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

GEN ONE DEVELOPMENTS PEVENSEY LIMITED
Company Information
for the year from 1 May 2023 to 30 April 2024

Director

HAINES, Ben

Registered Address

Suite 1 Endeavour House
Crow Arch Lane
Ringwood
BH24 1HP

Registered Number

14056584 (England and Wales)
GEN ONE DEVELOPMENTS PEVENSEY LIMITED
Balance Sheet as at
30 April 2024

Notes

2024

2023

£

£

£

£

ASSETS
Current assets
Debtors37,844100
7,844100
7,844100
7,844100
CAPITAL, RESERVES AND LIABILITIES
Capital and reserves
Called up share capital100100
Profit and loss account(21,518)-
(21,418)100
Liabilities
Creditors amounts falling due within one year429,262-
7,844100
The financial statements were approved and authorised for issue by the Director on 7 April 2025, and are signed on its behalf by:
HAINES, Ben
Director
Registered Company No. 14056584
GEN ONE DEVELOPMENTS PEVENSEY LIMITED
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from rendering of services
Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.
Related parties
For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.
2.Average number of employees

20242023
Average number of employees during the year11
3.Debtors: amounts due within one year

2024

2023

££
Other debtors7,844100
Total7,844100
4.Creditors: amounts due within one year

2024

2023

££
Bank borrowings and overdrafts2-
Other creditors23,461-
Accrued liabilities and deferred income5,799-
Total29,262-
5.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
HAINES, Ben05,85105,851
05,85105,851
The above loan is unsecured, interest free and repayable on demand
6.Related party transactions
Included in debtors are the following amounts: Gen One Holdings Ltd, Parent Company, £100 (FY2023: £nil) Gen One Ltd, Company Under Common Control £1,893 (FY2023: £nil) Included in Creditors are the following amounts: Gen One Developments Guildford Ltd, Company Under Common Control £5,130 (FY2023: £nil)The above balances are unsecured, interest free and repayable on demand