Registered number
06806241
SUPPORT GENIE LTD
FILLETED ACCOUNTS
31 January 2025
SUPPORT GENIE LTD
REGISTERED NUMBER: 06806241
STATEMENT OF FINANCIAL POSITION
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 645 505
Current assets
Cash at bank and in hand 102,862 147,214
Creditors: amounts falling due within one year 4 (14,838) (21,997)
Net current assets 88,024 125,217
Net assets 88,669 125,722
Capital and reserves
Called up share capital 1,001 1,001
Profit and loss account 87,668 124,721
Shareholders' funds 88,669 125,722
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ajay Paul
Director
Approved by the board on 25 April 2025
SUPPORT GENIE LTD
NOTES TO THE ACCOUNTS
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers
Tangible fixed assets
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings 25% straight line
Computer equipment 33.3% straight line
Foreign currency translation
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.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Fixtures & fittings Computer equipment Total
£ £ £
Cost
At 1 February 2024 417 4,689 5,106
Additions 400 - 400
At 31 January 2025 817 4,689 5,506
Depreciation
At 1 February 2024 310 4,291 4,601
Charge for the year 52 208 260
At 31 January 2025 362 4,499 4,861
Net book value
At 31 January 2025 455 190 645
At 31 January 2024 107 398 505
4 Creditors: amounts falling due within one year 2025 2024
£ £
VAT 5,168 5,438
Taxation and social security costs 7,373 6,124
Loans from directors 1,472 9,610
Accruals 825 825
14,838 21,997
5 Other information
SUPPORT GENIE LTD is a private company limited by shares and incorporated in England. Its registered office is:
130 Victoria Road
Bradmore
Wolverhampton
West Midlands
WV3 7HA
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