LBHGEO LTD.

Company Registration Number:
04922494 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

LBHGEO LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LBHGEO LTD.

Company Information

for the Period Ended 31 December 2023




Director: S R Lefroy-Brooks
Secretary: S Lefroy-Brooks
Registered office: 2a
Bakers Lane
Shutlanger
Towcester
Northamptonshire
GBR
NN12 7RT
Company Registration Number: 04922494 (England and Wales)

LBHGEO LTD.

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Geo Consultant

Additional information

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
S R Lefroy-Brooks

Secretary
S Lefroy-Brooks

This report was approved by the board of directors on 21 August 2024
And Signed On Behalf Of The Board By:

Name: S R Lefroy-Brooks
Status: Director

LBHGEO LTD.

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 279,281 297,642
Cost of sales ( 104,370 ) ( 133,544 )
Gross Profit or (Loss) 174,911 164,098
Administrative Expenses ( 184,570 ) ( 195,900 )
Other operating income 5,000 5,000
Operating Profit or (Loss) ( 4,659 ) ( 26,802 )
Profit or (Loss) Before Tax ( 4,659 ) ( 26,802 )
Tax on Profit ( 1,358 ) 2,955
Profit or (Loss) for Period ( 6,017 ) ( 23,847 )

The notes form part of these financial statements

LBHGEO LTD.

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 10,000 20,000
Tangible assets: 5 2,524 678
Total fixed assets: 12,524 20,678
Current assets
Debtors: 6 82,838 60,384
Total current assets: 82,838 60,384
Creditors: amounts falling due within one year: 7 ( 100,871 ) ( 80,905 )
Net current assets (liabilities): ( 18,033 ) ( 20,521 )
Total assets less current liabilities: ( 5,509 ) 157
Provision for liabilities: ( 480 ) ( 129 )
Total net assets (liabilities): ( 5,989 ) 28

The notes form part of these financial statements

LBHGEO LTD.

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 6,089 ) ( 72 )
Shareholders funds: ( 5,989 ) 28

For the year ending 31 December 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.

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 21 August 2024
And Signed On Behalf Of The Board By:

Name: S R Lefroy-Brooks
Status: Director

The notes form part of these financial statements

LBHGEO LTD.

Notes to the Financial Statements

for the Period Ended 31 December 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

    Turnover policy


    Turnover is measured at the fair value of the
    value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
    Fixtures and fittings - 33% on reducing balance
    Computer equipment - 25% on cost

    Intangible fixed assets amortisation policy

    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.

LBHGEO LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 4

LBHGEO LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

LBHGEO LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 January 2023 200,000 200,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2023 200,000 200,000
Amortisation
Amortisation at 01 January 2023 180,000 180,000
Charge for year 10,000 10,000
On disposals - -
Other adjustments - -
Amortisation at 31 December 2023 190,000 190,000
Net book value
Net book value at 31 December 2023 10,000 10,000
Net book value at 31 December 2022 20,000 20,000

LBHGEO LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 January 2023 10,271 904 11,175
Additions - 2,762 2,762
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 December 2023 10,271 3,666 13,937
Depreciation
At 01 January 2023 10,271 226 10,497
Charge for year - 916 916
On disposals - - -
Other adjustments - - -
At 31 December 2023 10,271 1,142 11,413
Net book value
At 31 December 2023 0 2,524 2,524
At 31 December 2022 0 678 678

LBHGEO LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Debtors


2023
£

2022
£
Trade debtors 59,481 13,061
Other debtors 23,357 47,323
Total 82,838 60,384

LBHGEO LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 36,472 38,565
Trade creditors 1,804 2,122
Taxation and social security 40,384 36,453
Other creditors 22,211 3,765
Total 100,871 80,905