ORS Genesis Limited - Filleted accounts

Registered number

10063184

ORS Genesis Limited

Unaudited Filleted Accounts

31 March 2025

ORS Genesis Limited
Registered number:		10063184
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		484,946			1,172,588
Investments	4		161,322			161,322
			646,268			1,333,910

Current assets
Debtors	5	555,768			604,692
Cash at bank and in hand		2,029,080			1,248,941
		2,584,848			1,853,633

Creditors: amounts falling due within one year	6	(2,928)			(19,354)

Net current assets			2,581,920			1,834,279

Net assets			3,228,188			3,168,189

Capital and reserves
Called up share capital			3,000,000			3,000,000
Profit and loss account			228,188			168,189

Shareholders' funds			3,228,188			3,168,189

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Dale Hall
Director
Approved by the board on 12 December 2025

ORS Genesis Limited
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).

	Consolidation
	The company and its subsidiaries comprise a small sized group. The company has taken advantage of the exemption provided in Sections 398 and 399 of the Companies Act 2006 not to prepare group financial statements and accordingly these financial statements present information about the company as a single entity.

	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.

	Investment property
	Investment property is property held either to earn rental income or for capital appreciation or both, but not for sale in the ordinary course of business, use in the supply of services in the company's main trading activity or for administrative purposes. Investment property is initially measured at cost and subsequently at fair value with any change recognised in the statement of comprehensive income. Deferred tax is provided on gains arising on revaluations at the rate expected to apply when the property is sold.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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					0		0


3	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 April 2024			1,172,588		630		1,173,218
	Disposals			(687,642)		-		(687,642)
	At 31 March 2025			484,946		630		485,576

	Depreciation
	At 1 April 2024			-		630		630
	At 31 March 2025			-		630		630

	Net book value
	At 31 March 2025			484,946		-		484,946
	At 31 March 2024			1,172,588		-		1,172,588
	Land and buildings include investment properties comprising a residential property to be let on short term assured tenancies and a residential property used in a furnished holiday letting business. Short term assured tenancies are for an initial period of six months and are either rolled over into tenancies at will on the same terms or are re-negotiated with the tenants. The properties are measured at fair value and changes in fair value are recognised in the statement of comprehensive income. Fair value is determined by the directors.


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 April 2024							161,322

	At 31 March 2025							161,322

	The company owns the entire share capital of Opinion Research Services Limited and ORS Genius Limited.
Capital and							Profit (loss)
	Company	Shares held				reserves	for the year
		Class		%	£		£
	Opinion Research Services Ltd	Ordinary		100		461,409		109,702
	ORS Genius Limited	Ordinary		100		1		-
	ORS Genius Limited is dormant.

5	Debtors					2025		2024
£							£

	Trade debtors					74,970		65,000
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					200,000		337,780
	Other debtors					280,798		201,912
						555,768		604,692

	Amounts due after more than one year included above					200,000		337,780

	As part of a capital restructuring, Opinion Research Services Limited became a wholly owned subsidiary of ORS Genesis Limited. On 27 March 2020 Opinion Research Services Limited’s non-core assets and surplus cash were transferred to ORS Genesis Limited by way of a dividend in specie and cash dividend. ORS Genesis Limited continues to support Opinion Research Services Limited and has provided the company with cash loans for working capital during the restructuring. The amount due ORS Genesis Limited at 31 March 2025 was £200,000. The loan is unsecured and attracts interest at and 6% over the Bank of England base rate. The loan is repayable within 5 years and the repayment schedule will be determined by Opinion Research Services Limited's ongoing cash generation.


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

	Taxation and social security costs					-		16,978
	Other creditors					2,928		2,376
						2,928		19,354


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Dale Hall
	Interest free loan repayable on demand	100,000		-		-		100,000

	Rachel Hall
	Interest free loan repayable on demand	61,824		38,176		-		100,000

		161,824		38,176		-		200,000

	The loans are interest free and repayable on demand.

8	Related party transactions

	Opinion Research Services Limited

	Opinion Research Services Limited is a wholly owned subsidiary.
	During the year the company received the following income from Opinion Research Services Limited
						2025		2024
£							£
	Fees for the provision of professional and consultancy services					74,970		70,000
	Interest on loan advances					30,696		41,329
	Dividends					35,000		35,000
						140,666		146,329

	Transactions with Directors
	During the year the company paid its shareholders, who are the company's directors, dividends totalling £91,824 (2024 - £39,000).
	The directors received no remuneration during the year (2024 - £Nil).

9	Controlling party

	The company is under the ultimate control of the directors by virtue of their shareholdings in the company.


10	Other information

	ORS Genesis Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
	The Strand
	Swansea
	SA1 1AF