BizGenie Ltd
BizGenie Ltd
Registered number: 07869927
Financial Statements
For The Year Ended
31 December 2019
BizGenie Ltd
Financial Statements
For The Year Ended
31 December 2019
Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3 |
BizGenie Ltd
Balance Sheet
As at
31 December 2019
Balance Sheet
Registered number:
07869927
For the year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2019 | 2018 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 4 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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| NET LIABILITIES |
( |
( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | (50) | (60) | |||
Page 1
BizGenie Ltd
Balance Sheet (continued)
As at
31 December 2019
Directors' responsibilities:
-
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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on page 3 form part of these financial statements.
Page 2
BizGenie Ltd
Notes to the Financial Statements
For The Year Ended
31 December 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are software development costs.
The value is amortised to profit and loss account over its estimated economic life of four years.
1.3.
Research and Development
Expenditure on research and development is written off in the year it is incurred.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2018: NIL)
3.
Intangible Assets
| Other | Development Costs | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at
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| As at
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| Amortisation | |||
| As at
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| Provided during the period |
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| As at
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| Net Book Value | |||
| As at
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( |
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| As at
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4.
Creditors: Amounts Falling Due Within One Year
| 2019 | 2018 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors |
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5.
Share Capital
| 2019 | 2018 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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6.
General Information
BizGenie Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
07869927
. The registered office is Fieldcrest, Thornton Common Road, Wirral, CH63 0LT.
Page 3