Genesis Information Engineering Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02608075 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2015

FOR

GENESIS INFORMATION ENGINEERING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

M S Rawling

SECRETARY:

H G Rawling

REGISTERED OFFICE:

121 Albert Street

Fleet

Hampshire

GU51 3SR

REGISTERED NUMBER:

02608075 (England and Wales)

ACCOUNTANTS:

JCS Associates

Chartered Accountants

121 Albert Street

FLEET

Hampshire

GU51 3SR

FIXED ASSETS

Tangible assets

2

240

357

CURRENT ASSETS

Stocks

3,694

-

Debtors

8,612

34,045

Cash at bank

4,041

11,635

16,347

45,680

CREDITORS

Amounts falling due within one year

2,649

20,530

NET CURRENT ASSETS

13,698

25,150

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,938

25,507

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

13,838

25,407

SHAREHOLDERS' FUNDS

13,938

25,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30th June 2016 and were signed by:

M S Rawling - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the invoiced sale of services, excluding value added tax accounted for under the flat rate

scheme.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on cost

Work in progress

In respect of consultancy services invoiced after the year end, credit is taken in the profit and loss account for the

proportion earned, on a time basis, prior to the year end.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2014

and 30th September 2015

12,029

DEPRECIATION

At 1st October 2014

11,672

Charge for year

117

At 30th September 2015

11,789

NET BOOK VALUE

At 30th September 2015

240

At 30th September 2014

357

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

100

Ordinary

£1

100

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Genesis Information Engineering Limited for the year ended 30th September 2015 which

comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Genesis Information Engineering Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Genesis Information Engineering Limited and state those matters that we have agreed to state to the director of Genesis Information Engineering Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Genesis Information Engineering Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Genesis Information Engineering Limited. You consider that Genesis Information Engineering Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Genesis Information Engineering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

JCS Associates

Chartered Accountants

121 Albert Street

FLEET

Hampshire

GU51 3SR

30th June 2016