REGISTERED NUMBER: 09394001 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Genesis Ai Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K B Kotecha

C B Kotecha

REGISTERED OFFICE:

Park House

18A Meridian East

Meridian Business Park

Leicester

Leicestershire

LE19 1WZ

REGISTERED NUMBER:

09394001 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Investments

4

77,714

16,781

Investment property

5

1,366,370

1,647,276

1,444,084

1,664,057

CURRENT ASSETS

Debtors

6

216,826

16,084

Cash at bank and in hand

29,470

1,221

246,296

17,305

CREDITORS

Amounts falling due within one year

7

(1,531,891

)

(1,418,626

)

NET CURRENT LIABILITIES

(1,285,595

)

(1,401,321

)

TOTAL ASSETS LESS CURRENT LIABILITIES

158,489

262,736

PROVISIONS FOR LIABILITIES

-

(16,020

)

NET ASSETS

158,489

246,716

CAPITAL AND RESERVES

Called up share capital

5,100

5,100

Fair value reserve

-

66,110

Retained earnings

153,389

175,506

158,489

246,716

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2026 and were signed on its behalf by:

C B Kotecha - Director

1.	STATUTORY INFORMATION

Genesis Ai Ltd 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on the going concern basis which assumes the company will continue to trade. This depends on the ability of the directors to maintain the necessary financial support.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Fixed asset investments

Fixed asset investments are shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 February 2025

16,781

Additions

50,500

Revaluations

10,433

At 31 January 2026

77,714

NET BOOK VALUE

At 31 January 2026

77,714

At 31 January 2025

16,781

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

1,647,276

Additions

133,994

Disposals

(414,900

)

At 31 January 2026

1,366,370

NET BOOK VALUE

At 31 January 2026

1,366,370

At 31 January 2025

1,647,276

The directors consider the fair value of investment property at the year end to be £1,366,370 (2025 - £1,647,276). Valuations of investment property have been made on an open market value for existing use basis.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Other debtors

216,826

16,084

Other debtors includes prepayments and accrued income of £820 (2025 - £11,084).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

13,826

18,596

Taxation and social security

4,160

(79

)

Other creditors

1,513,905

1,400,109

1,531,891

1,418,626

Other creditors includes accruals and deferred income of £14,597 (2025 - £1,546).