REGISTERED NUMBER: 04332333 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Genus Softworks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M D Coles

REGISTERED OFFICE:

Fretherne Nurseries

Fretherne

Saul

Gloucester

GL2 7JF

REGISTERED NUMBER:

04332333 (England and Wales)

ACCOUNTANTS:

ARC & Co. Accountants Limited

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

FIXED ASSETS

Tangible assets

4

83,931

72,842

CURRENT ASSETS

Stocks

5

104,600

105,234

Debtors

6

197,306

117,462

Cash at bank and in hand

12,419

14,634

314,325

237,330

CREDITORS

Amounts falling due within one year

7

370,927

351,903

NET CURRENT LIABILITIES

(56,602

)

(114,573

)

TOTAL ASSETS LESS CURRENT LIABILITIES

27,329

(41,731

)

CREDITORS

Amounts falling due after more than one year

8

25,663

10,716

NET ASSETS/(LIABILITIES)

1,666

(52,447

)

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

11

1,664

(52,449

)

SHAREHOLDERS' FUNDS

1,666

(52,447

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 October 2026 and were signed by:

Mr M D Coles - Director

1.	STATUTORY INFORMATION

Genus Softworks 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2025 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 February 2025

149,991

52,650

67,178

269,819

Additions

31,190

-

-

31,190

At 31 January 2026

181,181

52,650

67,178

301,009

DEPRECIATION

At 1 February 2025

111,898

28,441

56,638

196,977

Charge for year

17,466

-

2,635

20,101

At 31 January 2026

129,364

28,441

59,273

217,078

NET BOOK VALUE

At 31 January 2026

51,817

24,209

7,905

83,931

At 31 January 2025

38,093

24,209

10,540

72,842

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 February 2025

55,525

Additions

31,190

At 31 January 2026

86,715

DEPRECIATION

At 1 February 2025

25,433

Charge for year

12,256

At 31 January 2026

37,689

NET BOOK VALUE

At 31 January 2026

49,026

At 31 January 2025

30,092

5.

STOCKS

31.1.26

31.1.25

£

£

Stocks

104,600

105,234

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

83,336

15,325

Directors' current accounts

100,725

91,878

Corporation tax

13,245

10,259

197,306

117,462

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

76,500

12,468

Hire purchase contracts

7,078

11,610

Trade creditors

149,642

261,921

Corporation tax

13,707

10,190

Social security and other taxes

29,543

7,369

VAT

88,395

46,238

Pension control

989

907

Net Wages

1,573

-

Accruals

3,500

1,200

370,927

351,903

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

-

5,293

Hire purchase contracts

25,663

5,423

25,663

10,716

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Hire purchase contracts

32,741

17,033

The hire purchase contracts are secured upon the assets to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

2

Ordinary

£1

2

2

11.

RESERVES

Retained

earnings

£

At 1 February 2025

(52,449

)

Profit for the year

54,113

At 31 January 2026

1,664

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

Mr M D Coles

Balance outstanding at start of year

91,878

61,686

Amounts advanced

8,847

30,192

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

100,725

91,878

Interest has been charged on the overdrawn amounts at the appropriate rates.

13.	ULTIMATE CONTROLLING PARTY

Mr M D Coles is the ultimate controlling party by virtue of his holding all of the company's issued share capital.