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REGISTERED NUMBER: 15449824 (England and Wales)












GENESIS SOFTWARE SOLUTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

29 JANUARY 2024 TO 31 JANUARY 2025






GENESIS SOFTWARE SOLUTIONS LIMITED (REGISTERED NUMBER: 15449824)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 JANUARY 2024 TO 31 JANUARY 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


GENESIS SOFTWARE SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 29 JANUARY 2024 TO 31 JANUARY 2025







DIRECTOR: B M Chambi





REGISTERED OFFICE: 44 Park View
Winchmore Hill
London
N21 1QX





REGISTERED NUMBER: 15449824 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

GENESIS SOFTWARE SOLUTIONS LIMITED (REGISTERED NUMBER: 15449824)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

Notes £    £   
FIXED ASSETS
Tangible assets 4 5,683

CURRENT ASSETS
Debtors 5 36,971
Cash at bank and in hand 7,535
44,506
CREDITORS
Amounts falling due within one year 6 24,120
NET CURRENT ASSETS 20,386
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,069

PROVISIONS FOR LIABILITIES 1,223
NET ASSETS 24,846

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 24,845
SHAREHOLDERS' FUNDS 24,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 June 2025 and were signed by:




B M Chambi - Director


GENESIS SOFTWARE SOLUTIONS LIMITED (REGISTERED NUMBER: 15449824)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 JANUARY 2024 TO 31 JANUARY 2025


1. STATUTORY INFORMATION

Genesis Software Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

GENESIS SOFTWARE SOLUTIONS LIMITED (REGISTERED NUMBER: 15449824)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 JANUARY 2024 TO 31 JANUARY 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 7,577
At 31 January 2025 7,577
DEPRECIATION
Charge for period 1,894
At 31 January 2025 1,894
NET BOOK VALUE
At 31 January 2025 5,683

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 36,971

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 21,941
Other creditors 2,179
24,120

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 January 2025:

£   
B M Chambi
Balance outstanding at start of period -
Amounts advanced 85,758
Amounts repaid (48,837 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 36,921

The amount was repaid within 9 months of the yearend.

8. ULTIMATE CONTROLLING PARTY

The controlling party is B M Chambi.