Acorah Software Products - Accounts Production 16.5.460 false true true 29 February 2024 7 February 2023 false 1 March 2024 28 February 2025 28 February 2025 14645019 Mr Darriel Georges iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14645019 2024-02-29 14645019 2025-02-28 14645019 2024-03-01 2025-02-28 14645019 frs-core:CurrentFinancialInstruments 2025-02-28 14645019 frs-core:Non-currentFinancialInstruments 2025-02-28 14645019 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 14645019 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 14645019 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 14645019 frs-core:ShareCapital 2025-02-28 14645019 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 14645019 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 14645019 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 14645019 frs-bus:SmallEntities 2024-03-01 2025-02-28 14645019 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 14645019 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 14645019 frs-bus:Director1 2024-03-01 2025-02-28 14645019 frs-countries:EnglandWales 2024-03-01 2025-02-28 14645019 2023-02-06 14645019 2024-02-29 14645019 2023-02-07 2024-02-29 14645019 frs-core:CurrentFinancialInstruments 2024-02-29 14645019 frs-core:Non-currentFinancialInstruments 2024-02-29 14645019 frs-core:ShareCapital 2024-02-29 14645019 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 14645019
Genetic Trait Ventures Limited
Financial Statements
For The Year Ended 28 February 2025
Outsourced ACC Ltd
High Street Centre, 137-139 High Street
Beckenham
Kent
BR3 1AG
Genetic Trait Ventures Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Genetic Trait Ventures Limited
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 14645019

| 28 February 2025 | 29 February 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 595,164 |  | 588,524
|  |  | 595,164 |  | 588,524
CURRENT ASSETS
Debtors | 5 | 654 |  | 76 |
Cash at bank and in hand |  | 3,562 |  | 13,328 |
|  | 4,216 |  | 13,404 |
Creditors: Amounts Falling Due Within One Year | 6 | (245,595 ) |  | (252,010 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (241,379 ) |  | (238,606 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 353,785 |  | 349,918
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (353,657 ) |  | (354,618 )
NET ASSETS/(LIABILITIES) |  |  | 128 |  | (4,700 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 2 |  | 1
Profit and Loss Account |  |  | 126 |  | (4,701 )
SHAREHOLDERS' FUNDS |  |  | 128 |  | (4,700)

Page 1
Page 2
Genetic Trait Ventures Limited
Balance Sheet (continued)
As At 28 February 2025
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Darriel Georges Director
31st October 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Genetic Trait Ventures Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Genetic Trait Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14645019 . The registered office is 137 -139 High Street Centre Beckenham, London, London, England, BR3 1AG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold | No Depreciation

2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
Page 3
Page 4
Genetic Trait Ventures Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold
| £
Cost
As at 1 March 2024 | 588,524
Additions | 6,640
As at 28 February 2025 | 595,164
Net Book Value
As at 28 February 2025 | 595,164
As at 1 March 2024 | 588,524

5. Debtors

| 28 February 2025 |  | 29 February 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 654 |  | 76

6. Creditors: Amounts Falling Due Within One Year

| 28 February 2025 |  | 29 February 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1 |  | -
Bank loans and overdrafts | 20,390 |  | 20,390
Other creditors | 225,204 |  | 231,620
| 245,595 |  | 252,010

7. Creditors: Amounts Falling Due After More Than One Year

| 28 February 2025 |  | 29 February 2024
--- | --- | --- | ---
| £ |  | £
Bank loans > 1 year | 353,657 |  | 354,618

8. Share Capital

| 28 February 2025 |  | 29 February 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 1

Page 4