Registration number:
Genius Gas Innovations Limited
for the
Year Ended 31 December 2021
Genius Gas Innovations Limited
Contents
Income Statement |
|
Statement of Financial Position |
|
Notes to the Unaudited Financial Statements |
Genius Gas Innovations Limited
Income Statement for the Year Ended 31 December 2021
The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Genius Gas Innovations Limited
(Registration number: 01468659)
Statement of Financial Position as at 31 December 2021
Note |
2021 |
2020 |
|
Current assets |
|||
Debtors |
|
|
|
Capital and reserves |
|||
Called up share capital |
|
|
|
Share premium reserve |
|
|
|
Profit and loss account |
( |
( |
|
Total equity |
|
|
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have 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.
For the financial year ending 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Approved and authorised for issue by the
......................................... |
Genius Gas Innovations Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2021
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
These financial statements are presented in sterling which is the functional currency of the entity.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, analysed by category was as follows:
2021 |
2020 |
|
Sales, marketing and distribution |
- |
|
Debtors |
2021 |
2020 |
|
Amounts owed by group undertakings |
|
|
Genius Gas Innovations Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2021 (continued)
Pension and other schemes |
Defined contribution pension scheme
The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £Nil (2020 -
£
Contingent liabilities |
A cross guaratee exists between the company, its fellow subsidiary undertakings Analox Military Systems Limited, Analox Sensor Technology Limited, and its parent, Analox Limited, in respect of bank borrowings and debenture. At the balance sheet date, total bank borrowings of subsidiary undertakings amounted to £nil (2020: £nil).
Parent and ultimate parent undertaking |
The company is a wholly owned subsidiary of Analox Limited. Analox Limited is the most senior entity producing publicly available financial statements. These financial statements are available from Companies House.
As noted below from 2 December 2022 the company's ultimate controlling party is Mr Duncan Brian Johns. Prior to this date the company was controlled by Mr Alan Harbottle.
Non adjusting events after the financial period |
|