Abbreviated Company Accounts - GENESIS DEVELOPERS LIMITED

Abbreviated Company Accounts - GENESIS DEVELOPERS LIMITED

GENESIS DEVELOPERS LIMITED - Company Information

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Registered Number 04995040

GENESIS DEVELOPERS LIMITED

Abbreviated Accounts

31 December 2014

GENESIS DEVELOPERS LIMITED Registered Number 04995040

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Investments 2 774,724 774,724
774,724 774,724
Current assets
Cash at bank and in hand 1,425 3,407
1,425 3,407
Creditors: amounts falling due within one year (176,066) (167,392)
Net current assets (liabilities) (174,641) (163,985)
Total assets less current liabilities 600,083 610,739
Creditors: amounts falling due after more than one year (571,165) (571,165)
Total net assets (liabilities) 28,918 39,574
Capital and reserves
Called up share capital 100 100
Revaluation reserve 93,000 93,000
Profit and loss account (64,182) (53,526)
Shareholders' funds 28,918 39,574
  • For the year ending 31 December 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 September 2015

And signed on their behalf by:
Raghu Ramaiah, Director

GENESIS DEVELOPERS LIMITED Registered Number 04995040

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Fixed assets Investments
Fixed asset investments are represented by properties owned by the company for residential lets and loans made.