Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 00359465 Mr John Nicholson Mr William Nicholson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00359465 2023-12-31 00359465 2024-12-31 00359465 2024-01-01 2024-12-31 00359465 frs-core:Non-currentFinancialInstruments 2024-12-31 00359465 frs-core:PlantMachinery 2024-01-01 2024-12-31 00359465 frs-core:ShareCapital 2024-12-31 00359465 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 00359465 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00359465 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 00359465 frs-bus:SmallEntities 2024-01-01 2024-12-31 00359465 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00359465 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00359465 frs-bus:Director1 2024-01-01 2024-12-31 00359465 frs-bus:Director2 2024-01-01 2024-12-31 00359465 frs-countries:EnglandWales 2024-01-01 2024-12-31 00359465 2022-12-31 00359465 2023-12-31 00359465 2023-01-01 2023-12-31 00359465 frs-core:Non-currentFinancialInstruments 2023-12-31 00359465 frs-core:ShareCapital 2023-12-31 00359465 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 00359465
Genic Limited
ABRIDGED Financial Statements
For The Year Ended 31 December 2024
Nicholson Tax & Accounts
8 Chapel Street
Belper
DE56 1AR
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 00359465
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1 1
1 1
CURRENT ASSETS
Debtors 50,012 38,352
Cash at bank and in hand 10,902 23,728
60,914 62,080
Creditors: Amounts Falling Due Within One Year (26,078 ) (21,441 )
NET CURRENT ASSETS (LIABILITIES) 34,836 40,639
TOTAL ASSETS LESS CURRENT LIABILITIES 34,837 40,640
Creditors: Amounts Falling Due After More Than One Year (13,200 ) (13,200 )
NET ASSETS 21,637 27,440
CAPITAL AND RESERVES
Called up share capital 5 6,600 6,600
Profit and Loss Account 15,037 20,840
SHAREHOLDERS' FUNDS 21,637 27,440
Page 1
Page 2
For the year ending 31 December 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr John Nicholson
Director
12th May 2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Genic Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00359465 . The registered office is 113 Duffield Road, Derby, DE22 1AE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 25% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 2,440
As at 31 December 2024 2,440
Depreciation
As at 1 January 2024 2,439
As at 31 December 2024 2,439
Net Book Value
As at 31 December 2024 1
As at 1 January 2024 1
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 6,600 6,600
Page 3