Company Registration No. 04187305 (England and Wales)
Genesis Estates (Manchester) Limited
Unaudited accounts
for the year ended 26 March 2025
Genesis Estates (Manchester) Limited
Unaudited accounts
Contents
Genesis Estates (Manchester) Limited
Company Information
for the year ended 26 March 2025
Directors
Stefan Allanson
David Hodgson
Simon Topliss
Company Number
04187305 (England and Wales)
Registered Office
6 Europa Court
Sheffield Business Park
Sheffield
S9 1XE
Genesis Estates (Manchester) Limited
Statement of financial position
as at 26 March 2025
Cash at bank and in hand
17,334
18,109
Creditors: amounts falling due within one year
(199,549)
(199,549)
Net current liabilities
(182,205)
(181,434)
Net liabilities
(182,205)
(181,434)
Called up share capital
100
100
Profit and loss account
(182,305)
(181,534)
Shareholders' funds
(182,205)
(181,434)
For the year ending 26 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by
Stefan Allanson
Director
Company Registration No. 04187305
Genesis Estates (Manchester) Limited
Notes to the Accounts
for the year ended 26 March 2025
Genesis Estates (Manchester) Limited is a private company, limited by shares, registered in England and Wales, registration number 04187305. The registered office is 6 Europa Court, Sheffield Business Park, Sheffield, S9 1XE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Since the year ended 26 March 2011, the directors have intended to liquidate the company following settlement of the remaining net liabilities. As such, since the year ended 26 March 2011, the directors have not prepared the financial statements on a going concern basis. For years prior to the year ended 26 March 2011, the financial statements were prepared on a going concern basis.
The accounts are presented in £ sterling.
Tax on the profit or loss for the year comprises current tax. Tax is recognised in the profit and loss account except to the extent that it relates to items recognised directly in equity or other comprehensive income, in which case it is recognised directly in equity or other comprehensive income.
Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
182,036
182,036
Included in amounts owed to group undertakings and other participating interests is:
Amounts owed to related parties £182,036 (2024: £182,036)
Genesis Estates (Manchester) Limited
Notes to the Accounts
for the year ended 26 March 2025
6
Transactions with related parties
During the year, Gleeson Developments Limited, a wholly owned subsidiary of MJ Gleeson plc, which is also the parent company of M J Gleeson Group Limited, received payments relating to historic matters on behalf of the Company of £nil (2024: £nil). Persimmon Homes (North West) Limited made payments to the Company of £nil (2024: £nil).
The amount outstanding due to Gleeson Developments Limited at the year end is £91,018 (2024: £91,018).
The amount outstanding due to Persimmon Homes (North West) Limited at the year end is £91,018 (2024: £91,018).
The Company is a joint venture between M J Gleeson Group Limited and Persimmon Homes (North West) Limited, each party owning 50% of the share capital.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).