Geronigo Limited - Filleted accounts

Geronigo Limited
Registered number:		11456553
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		-			2,215
Tangible assets	4		-			3,459
			-			5,674

Current assets
Debtors	5	199,494			4,296
Cash at bank and in hand		352,247			589,748
		551,741			594,044

Creditors: amounts falling due within one year	6	(685,670)			(652,815)

Net current liabilities			(133,929)			(58,771)

Total assets less current liabilities			(133,929)			(53,097)

Creditors: amounts falling due after more than one year	7		(88,785)			(30,265)

Net liabilities			(222,714)			(83,362)

Capital and reserves
Called up share capital			145			145
Share premium			399,780			399,780
Profit and loss account			(622,639)			(483,287)

Shareholders' funds			(222,714)			(83,362)

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 members have 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.




Bernie Janes
Director
Approved by the board on 30 April 2026

Geronigo Limited
Notes to the Accounts
for the year ended 31 July 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.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	8		5


3	Intangible fixed assets			£
	Goodwill:

	Cost
	At 1 August 2024			73,872
	At 31 July 2025			73,872

	Amortisation
	At 1 August 2024			71,657
	Provided during the year			2,215
	At 31 July 2025			73,872

	Net book value
	At 31 July 2025			-
	At 31 July 2024			2,215

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
				Office & studio equipment
£
	Cost
	At 1 August 2024			20,164
	At 31 July 2025			20,164

	Depreciation
	At 1 August 2024			16,705
	Charge for the year			3,459
	At 31 July 2025			20,164

	Net book value
	At 31 July 2025			-
	At 31 July 2024			3,459




5	Debtors	2025		2024
£			£

	Trade debtors	3,100		4,296
	Amounts owed by group undertakings and undertakings in which the company has a participating interest	194,767		-
	Other debtors	1,627		-
		199,494		4,296


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

	Bank loans and overdrafts	108,618		-
	Trade creditors	546,425		652,815
	Other taxes and social security costs	30,627		-
		685,670		652,815


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

	Bank loans	88,785		30,265



8	Other information

	Geronigo Limited is a private company limited by shares and incorporated in England. Its registered office is:

	Hammerain House
	Hookstone Avenue
	Harrogate
	HG2 8ER