Geneo Enterprises Limited - Period Ending 2016-03-31

Company registration number 07080715

Geneo Enterprises Limited

Unaudited Abbreviated Accounts

for the Year Ended

 31 March 2016
 

Scott & Wilkinson LLP
Chartered Accountants
Dalton House
9 Dalton Square
LANCASTER
LA1 1WD

Geneo Enterprises Limited

Contents

FOR THE YEAR ENDED 31 March 2016
 

Page(s)

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Geneo Enterprises Limited

Abbreviated Balance Sheet

as at 31 March 2016
 

		Note			2016 £			2015 £
Fixed assets
Investments					323			322
Current assets
Debtors					3,106			1,869
Creditors: Amounts falling due within one year					(3,329)			(2,091)
Net current liabilities					(223)			(222)
Net assets					100			100
Capital and reserves
Called up share capital		3			100			100
Shareholders' funds					100			100

Company registration number: 07080715

For the year ending 31 March 2016 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...... September 2016 and signed on its behalf by:

Mr T J King
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Geneo Enterprises Limited

Notes to the Abbreviated Accounts

 for the Year Ended 31 March 2016

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

2	Fixed assets

		Investments £			Total £
Cost
At 1 April 2015		322			322
Additions		7			7
Disposals		(6)			(6)
At 31 March 2016		323			323
Depreciation
At 31 March 2016		-			-
Net book value
At 31 March 2016		323			323
At 31 March 2015		322			322

Page 2

Geneo Enterprises Limited

Notes to the Abbreviated Accounts

 for the Year Ended 31 March 2016

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Geneo Software Limited		Ordinary shares	75%	Software development
Geneo Consulting Limited		Ordinary shares	83%	Business consultancy
Geneo Homes Limited		Ordinary shares	85%	Dormant company
Geneo Lean Academy Limited		Ordinary Shares	80%	Training and development

The profit for the financial period of Geneo Software Limited was £258,991 and the aggregate amount of capital and reserves at the end of the period was (£66,700).

The loss for the financial period of Geneo Consulting Limited was £254,815 and the aggregate amount of capital and reserves at the end of the period was (£148,241).

The profit for the financial period of Geneo Homes Limited was £nil and the aggregate amount of capital and reserves at the end of the period was £100.

The profit for the financial period of Geneo Lean Academy Limited was £nil and the aggregate amount of capital and reserves at the end of the period was £100.

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each of £1 each		100			100			100			100

Page 3