Gencom Limited
Gencom Limited
Registered number: 10201480
Director's Report and
Unaudited Financial Statements
For The Year Ended 31 May 2018
FMA Accountants Ltd
Chartered Certified Accountants
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Gencom Limited
Director's Report and Unaudited Financial Statements
For The Year Ended 31 May 2018
Director's Report and Unaudited Financial Statements
Contents | |
Page | |
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Company Information | 1 |
Director's Report | 2 |
Accountants' Report | 3 |
Dormant Profit and Loss Account Statement | 4 |
Balance Sheet | 5 |
Notes to the Financial Statements | 6 |
Gencom Limited
Company Information
For The Year Ended 31 May 2018
Company Information
Director |
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Company Number |
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Registered Office | Flat 10 Lane End |
196 West Hill | |
London | |
SW15 3SH | |
Accountants |
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Chartered Certified Accountants | |
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566 Chiswick High Road | |
Chiswick | |
W4 5YA | |
Page 1
Gencom Limited
Company No. 10201480
Director's Report For The Year Ended 31 May 2018
Director's Report
The director presents his report and the financial statements for the year ended 31 May 2018 .
Statement of Director's Responsibilities
The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
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Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
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Page 2
Gencom Limited
Accountants' Report
For The Year Ended 31 May 2018
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Gencom Limited For The Year Ended 31 May 2018
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Gencom Limited 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Gencom Limited , as a body, in accordance with the terms of our engagement letter dated 26 May 2016. Our work has been undertaken solely to prepare for your approval the accounts of Gencom Limited and state those matters that we have agreed to state to the director of Gencom Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gencom Limited and its director as a body for our work or for this report.
It is your duty to ensure that Gencom Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Gencom Limited . You consider that Gencom 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 accounts of Gencom 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 financial statements.
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Chartered Certified Accountants
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Page 3
Gencom Limited
Dormant Profit and Loss Account Statement
For The Year Ended 31 May 2018
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
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Gencom Limited
Balance Sheet
As at
31 May 2018
Balance Sheet
2018 | 2017 | ||||
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Debtors | 2 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 3 |
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SHAREHOLDERS' FUNDS | 100 | 100 | |||
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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.
On behalf of the board
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The notes on page 6 form part of these financial statements.
Page 5
Gencom Limited
Notes to the Financial Statements
For The Year Ended 31 May 2018
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.
2.
Debtors
2018 | 2017 | ||
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£ | £ | ||
Due within one year | |||
Other debtors |
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4.
Ultimate Controlling Party
The company's ultimate controlling party is Mr Gihad Hassan by virtue of his ownership of 100% of the issued share capital in the company.
5.
General Information
Gencom Limited Registered number 10201480 is a limited by shares company incorporated in England & Wales. The Registered Office is Flat 10 Lane End, 196 West Hill, London, SW15 3SH.
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