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REGISTERED NUMBER: 04643832 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

GEOMAP LTD

GEOMAP LTD (REGISTERED NUMBER: 04643832)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GEOMAP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: C M Potten





SECRETARY: S Potten





REGISTERED OFFICE: Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG





REGISTERED NUMBER: 04643832 (England and Wales)





ACCOUNTANTS: Shiner Mitchell Fisher & Co Ltd
Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG

GEOMAP LTD (REGISTERED NUMBER: 04643832)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 174,219 153,813
Investments 5 150,000 150,000
324,219 303,813

CURRENT ASSETS
Debtors 6 319,799 138,852
Cash at bank and in hand 36,090 41,166
355,889 180,018
CREDITORS
Amounts falling due within one year 7 338,017 238,235
NET CURRENT ASSETS/(LIABILITIES) 17,872 (58,217 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

342,091

245,596

CREDITORS
Amounts falling due after more than one
year

8

(77,421

)

(107,774

)

PROVISIONS FOR LIABILITIES (40,650 ) (38,453 )
NET ASSETS 224,020 99,369

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 224,019 99,368
SHAREHOLDERS' FUNDS 224,020 99,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

GEOMAP LTD (REGISTERED NUMBER: 04643832)

BALANCE SHEET - continued
31 JANUARY 2024


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 23 August 2024 and were signed by:





C M Potten - Director


GEOMAP LTD (REGISTERED NUMBER: 04643832)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Geomap Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

GEOMAP LTD (REGISTERED NUMBER: 04643832)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 - 355,307 355,307
Additions 6,078 80,371 86,449
Disposals - (73,174 ) (73,174 )
At 31 January 2024 6,078 362,504 368,582
DEPRECIATION
At 1 February 2023 - 201,494 201,494
Charge for year - 56,452 56,452
Eliminated on disposal - (63,583 ) (63,583 )
At 31 January 2024 - 194,363 194,363
NET BOOK VALUE
At 31 January 2024 6,078 168,141 174,219
At 31 January 2023 - 153,813 153,813

GEOMAP LTD (REGISTERED NUMBER: 04643832)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 February 2023 145,223
Additions 42,500
Disposals (22,167 )
Transfer to ownership (4,850 )
At 31 January 2024 160,706
DEPRECIATION
At 1 February 2023 60,711
Charge for year 29,414
Eliminated on disposal (12,815 )
Transfer to ownership (3,315 )
At 31 January 2024 73,995
NET BOOK VALUE
At 31 January 2024 86,711
At 31 January 2023 84,512

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023
and 31 January 2024 150,000
NET BOOK VALUE
At 31 January 2024 150,000
At 31 January 2023 150,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 177,600 70,724
Amounts owed by group undertakings 105,424 42,277
Other debtors 36,775 25,851
319,799 138,852

GEOMAP LTD (REGISTERED NUMBER: 04643832)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 34,261 35,182
Hire purchase contracts 27,512 31,804
Trade creditors 25,091 27,860
Taxation and social security 154,660 91,366
Other creditors 96,493 52,023
338,017 238,235

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 54,521 73,374
Hire purchase contracts 22,900 34,400
77,421 107,774

9. ULTIMATE CONTROLLING PARTY

The controlling party is C M Potten.