Company Registration No. 13936445 (England and Wales)
Gennate Ltd
Unaudited accounts
for the year ended 28 February 2026
Gennate Ltd
Unaudited accounts
Contents
Gennate Ltd
Company Information
for the year ended 28 February 2026
Directors
Mr Imad Naasani
Mr Farid Khan
Company Number
13936445 (England and Wales)
Registered Office
Unit 7a, Kilburn House Lloyd Street Nort
Manchester Science Park
Manchester
M15 6SE
United Kingdom
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Gennate Ltd
Statement of financial position
as at 28 February 2026
Intangible assets
77,994
-
Cash at bank and in hand
288,851
-
Creditors: amounts falling due within one year
(7,876)
-
Net current assets
288,744
100
Called up share capital
159
100
Profit and loss account
(82,225)
-
Shareholders' funds
367,257
100
For the year ending 28 February 2026 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by
Mr Imad Naasani
Director
Company Registration No. 13936445
Gennate Ltd
Notes to the Accounts
for the year ended 28 February 2026
Gennate Ltd is a private company, limited by shares, registered in England and Wales, registration number 13936445. The registered office is Unit 7a, Kilburn House Lloyd Street Nort, Manchester Science Park, Manchester, M15 6SE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years SLM
Intangible fixed assets - Intellectual property
Costs incurred in relation to the development of intellectual property are capitalised as intangible assets where the recognition criteria are met.
The intellectual property is currently under development and is not yet available for use. Accordingly, no amortisation has been charged during the year, as the asset has not yet commenced commercial use.
4
Intangible fixed assets
Other
At 28 February 2026
77,994
At 28 February 2026
77,994
Gennate Ltd
Notes to the Accounts
for the year ended 28 February 2026
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
1,906
-
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
8
-
Loans from directors
4,062
-
Allotted, called up and fully paid:
1,046,512 Ordinary shares of £0.0001 each
104.65
100.00
540,096 Ordinary shares A of £0.0001 each
54.00
-
Shares issued during the period:
46,512 Ordinary shares of £0.0001 each
4.65
540,096 Ordinary shares A of £0.0001 each
54.00
9
Average number of employees
During the year the average number of employees was 2 (2025: 0).