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Company Registration No. 08346334 (England and Wales)
Gen-Lec Limited Unaudited accounts for the year ended 31 January 2026
Gen-Lec Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Gen-Lec Limited Company Information for the year ended 31 January 2026
Director
A Childs
Company Number
08346334 (England and Wales)
Registered Office
THE CORNER HOUSE Beaumont Road Church Stretton SHROPSHIRE SY6 6BN
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
- 3 -
Gen-Lec Limited Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
13,301 
15,511 
Current assets
Inventories
579,619 
508,139 
Debtors
5
409,634 
480,077 
Cash at bank and in hand
36,839 
22,326 
1,026,092 
1,010,542 
Creditors: amounts falling due within one year
6
(871,871)
(878,627)
Net current assets
154,221 
131,915 
Total assets less current liabilities
167,522 
147,426 
Creditors: amounts falling due after more than one year
7
(185,882)
(153,558)
Provisions for liabilities
Deferred tax
(2,528)
(3,930)
Net liabilities
(20,888)
(10,062)
Capital and reserves
Called up share capital
8
100 
100 
Profit and loss account
(20,988)
(10,162)
Shareholders' funds
(20,888)
(10,062)
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 10 June 2026 and were signed on its behalf by
A Childs Director Company Registration No. 08346334
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Gen-Lec Limited Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Gen-Lec Limited is a private company, limited by shares, registered in England and Wales, registration number 08346334. The registered office is THE CORNER HOUSE, Beaumont Road, Church Stretton, SHROPSHIRE, SY6 6BN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum on reducing balance
Motor vehicles
25% per annum on cost
Fixtures & fittings
25% per annum on reducing balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2025
32,500 
66,047 
98,547 
Additions
- 
2,224 
2,224 
At 31 January 2026
32,500 
68,271 
100,771 
Depreciation
At 1 February 2025
20,898 
62,138 
83,036 
Charge for the year
2,900 
1,534 
4,434 
At 31 January 2026
23,798 
63,672 
87,470 
Net book value
At 31 January 2026
8,702 
4,599 
13,301 
At 31 January 2025
11,602 
3,909 
15,511 
- 5 -
Gen-Lec Limited Notes to the Accounts for the year ended 31 January 2026
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
409,634 
445,990 
Accrued income and prepayments
- 
34,087 
409,634 
480,077 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
426,330 
428,854 
Obligations under finance leases and hire purchase contracts
- 
11,002 
Trade creditors
346,070 
380,080 
Taxes and social security
97,028 
57,818 
Loans from directors
2,443 
873 
871,871 
878,627 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
185,882 
153,558 
8
Share capital
2026 
2025 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 3 (2025: 3).
- 6 -