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REGISTERED NUMBER: NI689424 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Geoflow Consulting Limited

Geoflow Consulting Limited (Registered number: NI689424)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Geoflow Consulting Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: F C Mcauley





REGISTERED OFFICE: 10 Novally Road
Ballycastle
BT54 6HB





REGISTERED NUMBER: NI689424 (Northern Ireland)





ACCOUNTANTS: Beaumont Chapman Limited
Foxhall Lodge
Foxhall Road
Nottingham
Nottinghamshire
NG7 6LH

Geoflow Consulting Limited (Registered number: NI689424)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,866 2,084

CURRENT ASSETS
Debtors 5 22,643 10,954
Cash at bank 28,989 27,950
51,632 38,904
CREDITORS
Amounts falling due within one year 6 25,114 19,834
NET CURRENT ASSETS 26,518 19,070
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,384

21,154

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 29,382 21,152
29,384 21,154

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

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

Geoflow Consulting Limited (Registered number: NI689424)

Balance Sheet - continued
31 July 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 3 September 2024 and were signed by:





F C Mcauley - Director


Geoflow Consulting Limited (Registered number: NI689424)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Geoflow Consulting Limited is a private company, limited by shares , registered in Northern Ireland. 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.
Plant and machinery etc - 50% on cost and 25% on 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Geoflow Consulting Limited (Registered number: NI689424)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 3,693
Additions 3,868
At 31 July 2024 7,561
DEPRECIATION
At 1 August 2023 1,609
Charge for year 3,086
At 31 July 2024 4,695
NET BOOK VALUE
At 31 July 2024 2,866
At 31 July 2023 2,084

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 19,200 10,875
Other debtors 3,443 79
22,643 10,954

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors - 180
Taxation and social security 24,251 18,841
Other creditors 863 813
25,114 19,834

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr F McAuley by virtue of his shareholding.