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REGISTERED NUMBER: 04830712 (England and Wales)















Gaia Earth Sciences Limited

Financial Statements For The Year Ended 31 July 2023






Gaia Earth Sciences Limited (Registered number: 04830712)






Contents of the Financial Statements
For The Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Gaia Earth Sciences Limited

Company Information
For The Year Ended 31 July 2023







DIRECTOR: S Huyton





REGISTERED OFFICE: 13 Elan Road
South Ockenden
Essex
RM15 5EG





REGISTERED NUMBER: 04830712 (England and Wales)





ACCOUNTANTS: The Long Partnership
Park House Centre
South Street
Elgin
IV30 1JB

Gaia Earth Sciences Limited (Registered number: 04830712)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,634 26,257
Tangible assets 5 2,534 1,979
Investments 6 52 52
34,220 28,288

CURRENT ASSETS
Debtors 7 798,637 819,226
Cash at bank and in hand 1,901,461 1,077,931
2,700,098 1,897,157
CREDITORS
Amounts falling due within one year 8 213,004 94,384
NET CURRENT ASSETS 2,487,094 1,802,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,521,314

1,831,061

PROVISIONS FOR LIABILITIES 9 532 376
NET ASSETS 2,520,782 1,830,685

CAPITAL AND RESERVES
Called up share capital 10 274 274
Retained earnings 11 2,520,508 1,830,411
SHAREHOLDERS' FUNDS 2,520,782 1,830,685

Gaia Earth Sciences Limited (Registered number: 04830712)

Balance Sheet - continued
31 July 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2024 and were signed by:





S Huyton - Director


Gaia Earth Sciences Limited (Registered number: 04830712)

Notes to the Financial Statements
For The Year Ended 31 July 2023

1. STATUTORY INFORMATION

Gaia Earth Sciences Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 50% on cost and 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Gaia Earth Sciences Limited (Registered number: 04830712)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 August 2022 568,809
Additions 30,408
At 31 July 2023 599,217
AMORTISATION
At 1 August 2022 542,552
Charge for year 25,031
At 31 July 2023 567,583
NET BOOK VALUE
At 31 July 2023 31,634
At 31 July 2022 26,257

5. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 August 2022 21,763
Additions 2,276
At 31 July 2023 24,039
DEPRECIATION
At 1 August 2022 19,784
Charge for year 1,721
At 31 July 2023 21,505
NET BOOK VALUE
At 31 July 2023 2,534
At 31 July 2022 1,979

Gaia Earth Sciences Limited (Registered number: 04830712)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2023

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2022
and 31 July 2023 52
NET BOOK VALUE
At 31 July 2023 52
At 31 July 2022 52

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 530,025 456,357
Other debtors 268,612 362,869
798,637 819,226

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 18,062 52,886
Taxation and social security 182,244 36,424
Other creditors 12,698 5,074
213,004 94,384

9. PROVISIONS FOR LIABILITIES
31.7.23 31.7.22
£    £   
Deferred tax 532 376

Deferred
tax
£   
Balance at 1 August 2022 376
Provided during year 156
Balance at 31 July 2023 532

Gaia Earth Sciences Limited (Registered number: 04830712)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2023

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
50 Ordinary C £1 50 50
50 Ordinary D £1 50 50
5 Ordinary E £1 5 5
5 Ordinary F £1 5 5
10 Ordinary G £1 10 10
10 Ordinary H £1 10 10
5 Ordinary I £1 5 5
5 Ordinary J £1 5 5
10 Ordinary K £1 10 10
5 Ordinary L £1 5 5
9 Ordinary M £1 9 9
5 Ordinary N £1 5 5
5 Ordinary O £1 5 5
274 274

11. RESERVES
Retained
earnings
£   

At 1 August 2022 1,830,411
Profit for the year 1,034,597
Dividends (344,500 )
At 31 July 2023 2,520,508

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £65,000 (2022 - £65,000) were paid to the director .

Gaia Earth Technologies Ltd

A company in which Gaia Earth Sciences is the major shareholder.


Gaia Earth Technologies owes an interest free inter company balance to its parent company Gaia Earth Sciences Ltd.There are no repayment terms.

31.7.23 31.7.22
£    £   
Amount due from related party at the balance sheet date 268,085 290,505

13. ULTIMATE CONTROLLING PARTY

The company was under the control of the directors throughout the current and previous year.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Gaia Earth Sciences Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Gaia Earth Sciences Limited for the year ended 31 July 2023 which comprise the Income Statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Gaia Earth Sciences Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gaia Earth Sciences Limited and state those matters that we have agreed to state to the director of Gaia Earth Sciences Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gaia Earth Sciences Limited and its director for our work or for this report.

It is your duty to ensure that Gaia Earth Sciences Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Gaia Earth Sciences Limited. You consider that Gaia Earth Sciences 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 financial statements of Gaia Earth Sciences 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 statutory financial statements.






The Long Partnership
Park House Centre
South Street
Elgin
IV30 1JB


21 February 2024