GENISYS SYSTEMS LTD

Company Registration Number:
14493510 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

GENISYS SYSTEMS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GENISYS SYSTEMS LTD

Company Information

for the Period Ended 30 November 2024




Director: Nathan Croker
Secretary: Rebecca Croker
Registered office: Office 3
147 High Street
Street
Somerset
England
BA16 0EX
Company Registration Number: 14493510 (England and Wales)

GENISYS SYSTEMS LTD

Directors' Report Period Ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal Activities

The Company's principal activity is the development of a cloud-based software system.

Political and charitable donations

No Political or Charitale donations were made during the period.

Company policy on the employment of disabled persons

The company policy is to employ disabled people wherever practical.

Directors

The directors shown below have held office during the whole of the period from 01 December 2023 to 30 November 2024
Nathan Croker

Secretary
Rebecca Croker

This report was approved by the board of directors on 28 August 2025
And Signed On Behalf Of The Board By:

Name: Nathan Croker
Status: Director

GENISYS SYSTEMS LTD

Profit and Loss Account

for the Period Ended 30 November 2024


Notes

2024
£

2023
£
Turnover 78,067 106,171
Cost of sales ( 17,903 ) ( 45,451 )
Gross Profit or (Loss) 60,164 60,720
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 21 )
Administrative Expenses ( 55,218 ) ( 65,967 )
Other operating income 0 0
Operating Profit or (Loss) 4,946 ( 5,268 )
Interest Receivable and Similar Income 115 0
Interest Payable and Similar Charges ( 84 ) ( 0 )
Profit or (Loss) Before Tax 4,977 ( 5,268 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period 4,977 ( 5,268 )

The notes form part of these financial statements

GENISYS SYSTEMS LTD

Balance sheet

As at 30 November 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 10,376 7,616
Total fixed assets: 10,376 7,616
Current assets
Stocks: 0 0
Debtors: 5 338 2,414
Cash at bank and in hand: 52 5,612
Total current assets: 390 8,026
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 337 ) ( 0 )
Net current assets (liabilities): 53 8,026
Total assets less current liabilities: 10,429 15,642
Creditors: amounts falling due after more than one year: 7 ( 5,451 ) ( 20,910 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 4,978 ( 5,268 )

The notes form part of these financial statements

GENISYS SYSTEMS LTD

Balance sheet continued

As at 30 November 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 4,977 ( 5,269 )
Shareholders funds: 4,978 ( 5,268 )

For the year ending 30 November 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 28 August 2025
And Signed On Behalf Of The Board By:

Name: Nathan Croker
Status: Director

The notes form part of these financial statements

GENISYS SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT, trade discounts and recoverable Bad Debt within the period.

    Tangible fixed assets depreciation policy

    Annual depreciation of computer equipment is calculated at 25% of cost to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime.
    Annual depreciation of fixtures and fittings is calculated at 15% of cost to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime.

GENISYS SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 2

GENISYS SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 3. Off balance sheet disclosure

    No

GENISYS SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 December 2023 361 7,255 7,616
Additions 942 1,818 2,760
Disposals - - -
Revaluations - - -
Transfers - - -
At 30 November 2024 1,303 9,073 10,376
Depreciation
At 01 December 2023 0 0 0
Charge for year 0 0 0
On disposals - - -
Other adjustments - - -
At 30 November 2024 0 0 0
Net book value
At 30 November 2024 1,303 9,073 10,376
At 30 November 2023 361 7,255 7,616

GENISYS SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Debtors


2024
£

2023
£
Trade debtors 338 2,414
Total 338 2,414

GENISYS SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 337 0
Total 337 0

GENISYS SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 5,451
Amounts due under finance leases and hire purchase contracts 20,910
Total 5,451 20,910