This Generation Communications Ltd

Registered number

08544358

Filleted Accounts

31 March 2025

This Generation Communications Ltd
Registered number:		08544358
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	189,980			89,980
Cash at bank and in hand		765,650			591,213
		955,630			681,193

Creditors: amounts falling due within one year	4	(143,013)			(100,047)

Net current assets			812,617			581,146

Total assets less current liabilities			812,617			581,146

Creditors: amounts falling due after more than one year	5		(22,079)			(32,862)



Net assets			790,538			548,284

Capital and reserves
Called up share capital			1			1
Profit and loss account			790,537			548,283

Shareholder's funds			790,538			548,284

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Daniel Hughes
Director
Approved by the board on 11 December 2025

This Generation Communications Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	5		5


3	Debtors	2025		2024
£			£

	Other debtors	189,980		89,980


4	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	9,106		3,921
	Corporation tax	80,912		71,141
	Other taxes and social security costs	30,145		4,442
	Other creditors	22,850		20,543
		143,013		100,047


5	Creditors: amounts falling due after one year	2025		2024
£			£

	Bank loans	22,079		32,862


6	Other information

	This Generation Communications Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	14 Century Building
	Tower Street
	Liverpool
	L3 4BJ