GEOWARMTH HEAT PUMPS LIMITED

Company Registration Number:
06071914 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

GEOWARMTH HEAT PUMPS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

GEOWARMTH HEAT PUMPS LIMITED

Company Information

for the Period Ended 31 March 2023




Registered office: 36
Fern Avenue
Jesmond
Newcastle Upon Tyne
Tyne & Wear
NE2 2QX
Company Registration Number: 06071914 (England and Wales)

GEOWARMTH HEAT PUMPS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 19,728 30,020
Total fixed assets: 19,728 30,020
Current assets
Stocks: 44,731 0
Debtors: 285,905 192,761
Cash at bank and in hand: 137,366 260,853
Total current assets: 468,002 453,614
Creditors: amounts falling due within one year: ( 290,323 ) ( 277,715 )
Net current assets (liabilities): 177,679 175,899
Total assets less current liabilities: 197,407 205,919
Creditors: amounts falling due after more than one year: ( 42,693 ) ( 61,528 )
Provision for liabilities: ( 3,749 ) ( 5,864 )
Total net assets (liabilities): 150,965 138,527

The notes form part of these financial statements

GEOWARMTH HEAT PUMPS LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 145,000 145,000
Profit and loss account: 5,965 ( 6,473 )
Shareholders funds: 150,965 138,527

For the year ending 31 March 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 May 2023
And Signed On Behalf Of The Board By:

Name: J G Withers
Status: Director

The notes form part of these financial statements

GEOWARMTH HEAT PUMPS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GEOWARMTH HEAT PUMPS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 18 16

GEOWARMTH HEAT PUMPS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

GEOWARMTH HEAT PUMPS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 79,627
Additions 1,056
Disposals -
Revaluations -
Transfers -
At 31 March 2023 80,683
Depreciation
At 01 April 2022 49,607
Charge for year 11,348
On disposals -
Other adjustments -
At 31 March 2023 60,955
Net book value
At 31 March 2023 19,728
At 31 March 2022 30,020