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01837445falseGeneral secondary education2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 01837445






GENWISE LIMITED


UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31/12/2024
























Prepared By:
Best N Less Accountants
208 Kenton Road
Harrow
Middlesex
HA3 8BX


ACCOUNTS
FOR THE YEAR ENDED 31/12/2024





DIRECTORS
Jacqueline Fisher
Nigel Rice


REGISTERED OFFICE
Lime House
Dalston
Carlisle
CA5 7BX


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01837445



ACCOUNTANTS
Best N Less Accountants
208 Kenton Road
Harrow
Middlesex
HA3 8BX


ACCOUNTS
FOR THEYEARENDED31/12/2024



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/12/2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Tangible assets	3		636,429		721,400

CURRENT ASSETS
Stock		13,900		37,099
Debtors	5	447,728		227,417
Cash at bank and in hand		13,676		-
		475,304		264,516
CREDITORS: Amounts falling due within one year	6	865,105		628,173
NET CURRENT LIABILITIES			(389,801)		(363,657)
TOTAL ASSETS LESS CURRENT LIABILITIES			246,628		357,743


PROVISIONS FOR LIABILITIES AND CHARGES	7		78,120		88,945

NET ASSETS			168,508		268,798

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			168,408		268,698
SHAREHOLDERS' FUNDS			168,508		268,798

For the year ending 31/12/2024 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 29/12/2025 and signed on their behalf by



.............................
Jacqueline Fisher
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Long Leasehold Properties		straight line to the end of the lease%
Equipment		reducing balance 25%
Motor Cars		reducing balance 25%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




3. TANGIBLE FIXED ASSETS

	Long Leasehold
	Properties	Equipment	Motor Cars	Total
	£	£	£	£
Cost
At 01/01/2024	1,053,262	999,466	91,053	2,143,781
At 31/12/2024	1,053,262	999,466	91,053	2,143,781
Depreciation
At 01/01/2024	535,937	812,364	74,080	1,422,381
For the year	52,663	28,065	4,243	84,971
At 31/12/2024	588,600	840,429	78,323	1,507,352
Net Book Amounts
At 31/12/2024	464,662	159,037	12,730	636,429
At 31/12/2023	517,325	187,102	16,973	721,400




4. STOCK	2024	2023
	£	£
Stock comprises:

Raw material and consumables	13,900	37,099
	13,900	37,099




5. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Trade debtors	447,728	195,774
Other debtors	-	3,000
Prepayments & Accrued Income	-	28,643
	447,728	227,417




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
Other taxation and social security	326,656	70,968
Bank loans and overdrafts	-	7,572
Other creditors	98,400	62,502
Pension schemes	17,989	-
Accruals and Deferred Income	422,060	487,131
	865,105	628,173




7. PROVISIONS FOR LIABILITIES	2024	2023
	£	£
Deferred taxation	78,120	88,945
	78,120	88,945




8. SHARE CAPITAL	2024	2023
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




2. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	66	68