IRIS Accounts Production v25.2.0.378 08300591 Board of Directors Board of Directors 1.12.23 30.11.24 30.11.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083005912023-11-30083005912024-11-30083005912023-12-012024-11-30083005912022-11-30083005912022-12-012023-11-30083005912023-11-3008300591ns15:EnglandWales2023-12-012024-11-3008300591ns14:PoundSterling2023-12-012024-11-3008300591ns10:Director12023-12-012024-11-3008300591ns10:Director22023-12-012024-11-3008300591ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3008300591ns10:SmallEntities2023-12-012024-11-3008300591ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3008300591ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3008300591ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3008300591ns10:FullAccounts2023-12-012024-11-3008300591ns10:CompanySecretary12023-12-012024-11-3008300591ns10:RegisteredOffice2023-12-012024-11-3008300591ns5:CurrentFinancialInstruments2024-11-3008300591ns5:CurrentFinancialInstruments2023-11-3008300591ns5:ShareCapital2024-11-3008300591ns5:ShareCapital2023-11-3008300591ns5:RetainedEarningsAccumulatedLosses2024-11-3008300591ns5:RetainedEarningsAccumulatedLosses2023-11-3008300591ns5:ComputerEquipment2023-12-012024-11-3008300591ns5:ComputerEquipment2024-11-3008300591ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3008300591ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-30
REGISTERED NUMBER: 08300591 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

GENHOME LIMITED

GENHOME LIMITED (REGISTERED NUMBER: 08300591)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


GENHOME LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTORS: R Pollard
K Albrow





SECRETARY: R Pollard





REGISTERED OFFICE: 3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED





REGISTERED NUMBER: 08300591 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

GENHOME LIMITED (REGISTERED NUMBER: 08300591)

STATEMENT OF FINANCIAL POSITION
30TH NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 281 -

CURRENT ASSETS
Debtors 5 1,717,238 1,463,106
Cash at bank and in hand 30,827 218,678
1,748,065 1,681,784
CREDITORS
Amounts falling due within one year 6 268,445 132,227
NET CURRENT ASSETS 1,479,620 1,549,557
TOTAL ASSETS LESS CURRENT LIABILITIES 1,479,901 1,549,557

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,479,801 1,549,457
SHAREHOLDERS' FUNDS 1,479,901 1,549,557

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

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 Board of Directors and authorised for issue on 1st August 2025 and were signed on its behalf by:




K Albrow - Director



R Pollard - Director


GENHOME LIMITED (REGISTERED NUMBER: 08300591)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

GenHome 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 and represents amounts receivable for goods supplied and services rendered stated net of discounts and of Value Added Tax.

Revenue is recognised once the service has been completed and where it is virtually certain that payment will be received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 420
At 30th November 2024 420
DEPRECIATION
Charge for year 139
At 30th November 2024 139
NET BOOK VALUE
At 30th November 2024 281

GENHOME LIMITED (REGISTERED NUMBER: 08300591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,070 44,090
Other debtors 1,710,168 1,419,016
1,717,238 1,463,106

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 13,343 2,823
Taxation and social security 109,189 116,133
Other creditors 145,913 13,271
268,445 132,227

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year under review, Directors received loans from the company which are repayable on demand and have interest charged on them at the HMRC official rate of interest.

The company made advances totalling £158,959 (2023 - £223,399) and this was offset by credits totalling £nil (2023 - £22,000).

At the balance sheet date, the amount owed to the company was £1,220,715 (2023 - £1,061,756) and is included within other debtors.