For the period ended 29 February 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 09448522
Genero Infotech Ltd
For the period ended 29 February 2016
1
Balance Sheet
2
Notes to the Abbreviated Financial Statements
Notes to the Abbreviated Financial Statements
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Genero Infotech Ltd
For the period ended 29 February 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
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Computer Equipment
2,418
2,418
604
Charge for period
604
1,814
Allotted called up and fully paid
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2016
10
Ordinary shares of £
1
.
00
each
|
10
10
10 Ordinary £1.00 shares have been issued during the period at par for a cash consideration of £10.
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