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REGISTERED NUMBER: 07550545 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Gentiane Group Limited

Gentiane Group Limited (Registered number: 07550545)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gentiane Group Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: H M Grundy
J L Sharp





REGISTERED OFFICE: Leofric House
Binley Road
Coventry
West Midlands
CV3 1JN





REGISTERED NUMBER: 07550545 (England and Wales)





ACCOUNTANTS: Leigh Christou Ltd
Chartered Certified Accountants
Leofric House
Binley Road
Coventry
CV3 1JN

Gentiane Group Limited (Registered number: 07550545)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 361,698 364,169
Investments 5 100 100
361,798 364,269

CURRENT ASSETS
Debtors 6 216,769 264,576
Cash at bank 110,112 84,007
326,881 348,583
CREDITORS
Amounts falling due within one year 7 8,823 5,571
NET CURRENT ASSETS 318,058 343,012
TOTAL ASSETS LESS CURRENT
LIABILITIES

679,856

707,281

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings 679,456 706,881
679,856 707,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Gentiane Group Limited (Registered number: 07550545)

Balance Sheet - continued
30 September 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:




H M Grundy - Director



J L Sharp - Director


Gentiane Group Limited (Registered number: 07550545)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Gentiane Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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 year was NIL (2023 - NIL).

Gentiane Group Limited (Registered number: 07550545)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 October 2023
and 30 September 2024 372,200
DEPRECIATION
At 1 October 2023 8,031
Charge for year 2,471
At 30 September 2024 10,502
NET BOOK VALUE
At 30 September 2024 361,698
At 30 September 2023 364,169

Freehold property relates to business premises let to a trading subsidiary. As such, the property is accounted for as being property, plant, and equipment.

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 100
NET BOOK VALUE
At 30 September 2024 100
At 30 September 2023 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Amounts owed by group undertakings - 52,626
Directors' current accounts 216,769 211,950
216,769 264,576

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Tax 3,043 -
Directors' current accounts 1,286 1,257
Accrued expenses 4,494 4,314
8,823 5,571

Gentiane Group Limited (Registered number: 07550545)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
H M Grundy
Balance outstanding at start of year (1,257 ) 147,774
Amounts advanced - 983
Amounts repaid (29 ) (150,014 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,286 ) (1,257 )

J L Sharp
Balance outstanding at start of year 211,951 (24 )
Amounts advanced 4,818 211,976
Amounts repaid - (1 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 216,769 211,951

The above loan from H Grundy to the company is charged at HMRC Official Rate Of Interest and has no set terms of repayment.

The above loan from the company to J Sharp is charged at HMRC Official Rate Of Interest and is repaid in full following the balance sheet date.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties of the company are the directors.

Gentiane Group Limited (Registered number: 07550545)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

10. SHARE-BASED PAYMENT TRANSACTIONS

On 3rd November 2021, an equity settled share option scheme was introduced for specific employees of the group. In accordance with the scheme rules, options are exercisable at the market value of the shares as determined at the date of grant. If the options remain unexercised after a period of ten years from the date of grant, the options expire. There were no changes to the terms of the plan during the year.

Details of the share options outstanding during the year are as follows:





20242023



Number Of
share options
Weighted
Average exercise
price

Number Of
share options
Weighted
Average
exercise price

Granted during the period0000


Outstanding at the end of the period45£20345£203

Exercisable at the end of the period45£20345£203



The options outstanding at 30 September 2024 had a weighed average exercise price of £203 and a weighted average remaining contractual life of 8 years. In 2021, options were granted on 3 November 2021. The aggregate of the estimated fair value of the options granted on this date was £9,135.