2022-09-012023-08-312023-08-31false09724870THE GEEK SHACK LTD2024-02-13iso4217:GBPxbrli:pure097248702022-09-01097248702023-08-31097248702022-09-012023-08-31097248702021-09-01097248702022-08-31097248702021-09-012022-08-3109724870bus:SmallEntities2022-09-012023-08-3109724870bus:AuditExempt-NoAccountantsReport2022-09-012023-08-3109724870bus:FullAccounts2022-09-012023-08-3109724870bus:PrivateLimitedCompanyLtd2022-09-012023-08-3109724870core:WithinOneYear2023-08-3109724870core:AfterOneYear2023-08-3109724870core:WithinOneYear2022-08-3109724870core:AfterOneYear2022-08-3109724870core:ShareCapital2023-08-3109724870core:SharePremium2023-08-3109724870core:RevaluationReserve2023-08-3109724870core:OtherReservesSubtotal2023-08-3109724870core:RetainedEarningsAccumulatedLosses2023-08-3109724870core:ShareCapital2022-08-3109724870core:SharePremium2022-08-3109724870core:RevaluationReserve2022-08-3109724870core:OtherReservesSubtotal2022-08-3109724870core:RetainedEarningsAccumulatedLosses2022-08-3109724870core:LandBuildings2023-08-3109724870core:PlantMachinery2023-08-3109724870core:Vehicles2023-08-3109724870core:FurnitureFittings2023-08-3109724870core:OfficeEquipment2023-08-3109724870core:NetGoodwill2023-08-3109724870core:IntangibleAssetsOtherThanGoodwill2023-08-3109724870core:ListedExchangeTraded2023-08-3109724870core:UnlistedNon-exchangeTraded2023-08-3109724870core:LandBuildings2022-08-3109724870core:PlantMachinery2022-08-3109724870core:Vehicles2022-08-3109724870core:FurnitureFittings2022-08-3109724870core:OfficeEquipment2022-08-3109724870core:NetGoodwill2022-08-3109724870core:IntangibleAssetsOtherThanGoodwill2022-08-3109724870core:ListedExchangeTraded2022-08-3109724870core:UnlistedNon-exchangeTraded2022-08-3109724870core:LandBuildings2022-09-012023-08-3109724870core:PlantMachinery2022-09-012023-08-3109724870core:Vehicles2022-09-012023-08-3109724870core:FurnitureFittings2022-09-012023-08-3109724870core:OfficeEquipment2022-09-012023-08-3109724870core:NetGoodwill2022-09-012023-08-3109724870core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3109724870core:ListedExchangeTraded2022-09-012023-08-3109724870core:UnlistedNon-exchangeTraded2022-09-012023-08-3109724870core:MoreThanFiveYears2022-09-012023-08-3109724870core:Non-currentFinancialInstruments2023-08-3109724870core:Non-currentFinancialInstruments2022-08-3109724870dpl:CostSales2022-09-012023-08-3109724870dpl:DistributionCosts2022-09-012023-08-3109724870core:LandBuildings2022-09-012023-08-3109724870core:PlantMachinery2022-09-012023-08-3109724870core:Vehicles2022-09-012023-08-3109724870core:FurnitureFittings2022-09-012023-08-3109724870core:OfficeEquipment2022-09-012023-08-3109724870dpl:AdministrativeExpenses2022-09-012023-08-3109724870core:NetGoodwill2022-09-012023-08-3109724870core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3109724870dpl:GroupUndertakings2022-09-012023-08-3109724870dpl:ParticipatingInterests2022-09-012023-08-3109724870dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3109724870core:ListedExchangeTraded2022-09-012023-08-3109724870dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3109724870core:UnlistedNon-exchangeTraded2022-09-012023-08-3109724870dpl:CostSales2021-09-012022-08-3109724870dpl:DistributionCosts2021-09-012022-08-3109724870core:LandBuildings2021-09-012022-08-3109724870core:PlantMachinery2021-09-012022-08-3109724870core:Vehicles2021-09-012022-08-3109724870core:FurnitureFittings2021-09-012022-08-3109724870core:OfficeEquipment2021-09-012022-08-3109724870dpl:AdministrativeExpenses2021-09-012022-08-3109724870core:NetGoodwill2021-09-012022-08-3109724870core:IntangibleAssetsOtherThanGoodwill2021-09-012022-08-3109724870dpl:GroupUndertakings2021-09-012022-08-3109724870dpl:ParticipatingInterests2021-09-012022-08-3109724870dpl:GroupUndertakingscore:ListedExchangeTraded2021-09-012022-08-3109724870core:ListedExchangeTraded2021-09-012022-08-3109724870dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-09-012022-08-3109724870core:UnlistedNon-exchangeTraded2021-09-012022-08-3109724870core:NetGoodwill2023-08-3109724870core:IntangibleAssetsOtherThanGoodwill2023-08-3109724870core:LandBuildings2023-08-3109724870core:PlantMachinery2023-08-3109724870core:Vehicles2023-08-3109724870core:FurnitureFittings2023-08-3109724870core:OfficeEquipment2023-08-3109724870core:AfterOneYear2023-08-3109724870core:WithinOneYear2023-08-3109724870core:ListedExchangeTraded2023-08-3109724870core:UnlistedNon-exchangeTraded2023-08-3109724870core:ShareCapital2023-08-3109724870core:SharePremium2023-08-3109724870core:RevaluationReserve2023-08-3109724870core:OtherReservesSubtotal2023-08-3109724870core:RetainedEarningsAccumulatedLosses2023-08-3109724870core:NetGoodwill2022-08-3109724870core:IntangibleAssetsOtherThanGoodwill2022-08-3109724870core:LandBuildings2022-08-3109724870core:PlantMachinery2022-08-3109724870core:Vehicles2022-08-3109724870core:FurnitureFittings2022-08-3109724870core:OfficeEquipment2022-08-3109724870core:AfterOneYear2022-08-3109724870core:WithinOneYear2022-08-3109724870core:ListedExchange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THE GEEK SHACK LTD

Registered Number
09724870
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2023

THE GEEK SHACK LTD
Company Information
for the year from 1 September 2022 to 31 August 2023

Director

BUDGE, Thomas Jacob

Company Secretary

BUDGE, Joanne

Registered Address

7 Harpfield Rd
Bishops Cleeve
Cheltenham
GL52 8ED

Registered Number

09724870 (England and Wales)
THE GEEK SHACK LTD
Balance Sheet as at
31 August 2023

Notes

2023

2022

£

£

£

£

Called up share capital not paid99-
Fixed assets
Tangible assets62,3813,844
2,3813,844
Current assets
Debtors71,522155
Cash at bank and on hand1,7701,573
3,2921,728
Creditors amounts falling due within one year8(1,492)(1,433)
Net current assets (liabilities)1,899295
Total assets less current liabilities4,2804,139
Creditors amounts falling due after one year9(2,687)(3,851)
Net assets1,593288
Capital and reserves
Called up share capital1001
Profit and loss account1,493287
Shareholders' funds1,593288
The financial statements were approved and authorised for issue by the Director on 13 February 2024, and are signed on its behalf by:
BUDGE, Thomas Jacob
Director
Registered Company No. 09724870
THE GEEK SHACK LTD
Notes to the Financial Statements
for the year ended 31 August 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of The Company in the year under review was that of Mechanical Engineering
4.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery3
Office Equipment3
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
5.Employee information

20232022
Average number of employees during the year00
6.Property, plant and equipment

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 September 224,8023,0797,881
Disposals(383)(1,184)(1,567)
At 31 August 234,4191,8956,314
Depreciation and impairment
At 01 September 222,1821,8554,037
Charge for year7524431,195
On disposals(348)(951)(1,299)
At 31 August 232,5861,3473,933
Net book value
At 31 August 231,8335482,381
At 31 August 222,6201,2243,844
7.Debtors

2023

2022

££
Trade debtors / trade receivables1,439-
Prepayments and accrued income83155
Total1,522155
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables3030
Bank borrowings and overdrafts1,2001,200
Taxation and social security245170
Other creditors1733
Total1,4921,433
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts2,6873,851
Total2,6873,851