REGISTERED NUMBER: 07445128 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

GENOSUMI LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Dushkaj

M Dushkaj

S N V Kemp

P J H Meyer

SECRETARY:

REGISTERED OFFICE:

222 Upper Richmond Road West

London

SW14 8AH

REGISTERED NUMBER:

07445128 (England and Wales)

ACCOUNTANTS:

K S Goring & Co Chartered Accountants

222 Upper Richmond Road West

London

SW14 8AH

FIXED ASSETS

Intangible assets

4

2,038,253

2,038,253

Investments

5

11,434

11,434

2,049,687

2,049,687

CURRENT ASSETS

Debtors

6

17,599

17,434

Cash at bank

135

56

17,734

17,490

NET CURRENT ASSETS

17,734

17,490

TOTAL ASSETS LESS CURRENT LIABILITIES

2,067,421

2,067,177

CREDITORS

Amounts falling due after more than one year

7

17,755,077

17,754,833

NET LIABILITIES

(15,687,656

)

(15,687,656

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(15,688,656

)

(15,688,656

)

(15,687,656

)

(15,687,656

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2026 and were signed on its behalf by:

S N V Kemp - Director

1.	STATUTORY INFORMATION

Genosumi Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company is still waiting to secure the necessary finances required to commence building work on hydroelectric power stations. As such the company continues to remain as not trading or active for the purposes of Corporation Tax.

Preparation of consolidated financial statements

The financial statements contain information about Genosumi Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Intangible assets-concession licence

Initial measurement

License rights are carried at cost less any accumulated amortisation and impairment losses.

Amortisation

Concession licence will be amortised on the basis of the expected pattern of consumption of the estimated future economic benefits over the duration of the license agreement term.

Amortisation is calculated on a straight-line basis over the duration of the license agreement term.

The directors have made a judgement and have concluded that it will be prudent not to start amortisation until funds needed for construction build has been secured and construction work commences.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 October 2024

and 30 September 2025

2,038,253

NET BOOK VALUE

At 30 September 2025

2,038,253

At 30 September 2024

2,038,253

5.	FIXED ASSET INVESTMENTS

The company investment in subsidiary relates to a holding of 74% interest in the share capital of Generate Renewable Energies, an Albanian company.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

17,599

17,434

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

10,300

15,891

Other creditors

17,744,777

17,738,942

17,755,077

17,754,833

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bounce Back Loan

10,300

15,891

Directors and family

2,363,208

2,357,373

Consortium associate partners

15,381,569

15,381,569

17,755,077

17,754,833

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Shareholders/Directors.