1 December 2023 false No description of principal activity Taxfiler 2024.6 13031138business:PrivateLimitedCompanyLtd2023-12-012024-11-30 130311382023-11-30 130311382023-12-012024-11-30 13031138business:AuditExempt-NoAccountantsReport2023-12-012024-11-30 13031138business:FilletedAccounts2023-12-012024-11-30 130311382024-11-30 13031138business:Director12023-12-012024-11-30 13031138business:RegisteredOffice2023-12-012024-11-30 130311382023-11-30 13031138core:WithinOneYear2024-11-30 13031138core:WithinOneYear2023-11-30 13031138core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 13031138core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 13031138core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 13031138core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 13031138core:PreviouslyStatedAmount2024-11-30 13031138core:PreviouslyStatedAmount2023-11-30 13031138business:SmallEntities2023-12-012024-11-30 13031138countries:EnglandWales2023-12-012024-11-30 13031138core:MotorVehicles2023-12-012024-11-30 13031138core:MotorVehicles2023-11-30 13031138core:MotorVehicles2024-11-30 13031138core:AfterOneYear2024-11-30 13031138core:AfterOneYear2023-11-30 130311382022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 13031138 (England and Wales)
GENUINE GROUP MANAGEMENT LTD Unaudited accounts for the year ended 30 November 2024
GENUINE GROUP MANAGEMENT LTD Unaudited accounts Contents
Page
- 2 -
GENUINE GROUP MANAGEMENT LTD Company Information for the year ended 30 November 2024
Director
Dr M Alzarrad
Company Number
13031138 (England and Wales)
Registered Office
C/O LMK ACCOUNTING THE GATEHOUSE GATEHOUSE WAY AYLESBURY HP19 8DB UNITED KINGDOM
Accountants
Kaushik Khiroya, AFA LMK ACCOUNTING LTD THE GATEHOUSE GATEHOUSE WAY AYLESBURY HP19 8DB
- 3 -
GENUINE GROUP MANAGEMENT LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
51,574 
68,765 
Investment property
683,330 
683,330 
734,904 
752,095 
Current assets
Debtors
18,309 
- 
Cash at bank and in hand
5,510 
6,256 
23,819 
6,256 
Creditors: amounts falling due within one year
(755,362)
(772,392)
Net current liabilities
(731,543)
(766,136)
Net assets/(liabilities)
3,361 
(14,041)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,261 
(14,141)
Shareholders' funds
3,361 
(14,041)
For the year ending 30 November 2024 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 director acknowledges his 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 and authorised for issue on 27 August 2025 and were signed on its behalf by
Dr M Alzarrad Director Company Registration No. 13031138
- 4 -
GENUINE GROUP MANAGEMENT LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
GENUINE GROUP MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 13031138. The registered office is C/O LMK ACCOUNTING THE GATEHOUSE, GATEHOUSE WAY, AYLESBURY, HP19 8DB, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Revenue
Revenue, described as turnover, represents rents receivable. Turnover is recognised in accordance with the due dates under the terms of the lease agreement.
Investment property
Investment properties are included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. The investment properties have been valued by the directors.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25 reducing balance
Financial instruments
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 section 11. Basic financial instruments, which include trade and other receivables and payables, cash and bank balances, are recognised at amortised costs. Advanced financial instruments which include interest rate swap and forward foreign exchange contracts, are initially recorded at cost and thereafter at a fair value with changes recognised in profit and loss.
- 5 -
GENUINE GROUP MANAGEMENT LTD Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 December 2023
122,213 
At 30 November 2024
122,213 
Depreciation
At 1 December 2023
53,448 
Charge for the year
17,191 
At 30 November 2024
70,639 
Net book value
At 30 November 2024
51,574 
At 30 November 2023
68,765 
5
Investment property
2024 
£ 
Fair value at 1 December 2023
683,330 
At 30 November 2024
683,330 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
18,309 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
737,774 
752,020 
Taxes and social security
13,148 
6,357 
Loans from directors
- 
10,775 
Accruals
4,440 
3,240 
755,362 
772,392 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -