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REGISTERED NUMBER: 08941964 (England and Wales)




















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

GEOFACTORY LIMITED

GEOFACTORY LIMITED (REGISTERED NUMBER: 08941964)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


GEOFACTORY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: D Dourel





REGISTERED OFFICE: 50 Seymour Street
London
W1H 7JG





REGISTERED NUMBER: 08941964 (England and Wales)





ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG

GEOFACTORY LIMITED (REGISTERED NUMBER: 08941964)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 31 DECEMBER 2023


The director presents his report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of other professional, scientific and technical activities not elsewhere classified.

DIRECTOR
D Dourel held office during the whole of the period from 1 January 2023 to the date of this report.

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

ON BEHALF OF THE BOARD:





D Dourel - Director


10 September 2024

GEOFACTORY LIMITED (REGISTERED NUMBER: 08941964)

INCOME STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023

2023 2022
€    €   

TURNOVER 210 300

Administrative expenses 2,716 1,990
OPERATING LOSS (2,506 ) (1,690 )


Interest payable and similar expenses - 467
LOSS BEFORE TAXATION (2,506 ) (2,157 )

Tax on loss - -
LOSS FOR THE FINANCIAL YEAR (2,506 ) (2,157 )

GEOFACTORY LIMITED (REGISTERED NUMBER: 08941964)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes €    €    €    €   
FIXED ASSETS
Investments 4 3,000 3,000

CURRENT ASSETS
Debtors 5 14,819 41,319
Cash at bank 3,803 985
18,622 42,304
CREDITORS
Amounts falling due within one year 6 - 1,176
NET CURRENT ASSETS 18,622 41,128
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,622

44,128

CREDITORS
Amounts falling due after more than
one year

7

100,000

120,000
NET LIABILITIES (78,378 ) (75,872 )

CAPITAL AND RESERVES
Called up share capital 1,213 1,213
Revaluation reserve 8 1,719 1,719
Retained earnings (81,310 ) (78,804 )
(78,378 ) (75,872 )

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

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

GEOFACTORY LIMITED (REGISTERED NUMBER: 08941964)

BALANCE SHEET - continued
31 DECEMBER 2023


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

The financial statements were approved by the director and authorised for issue on 10 September 2024 and were signed by:





D Dourel - Director


GEOFACTORY LIMITED (REGISTERED NUMBER: 08941964)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Geofactory 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.

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.

3. EMPLOYEES AND DIRECTORS

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

GEOFACTORY LIMITED (REGISTERED NUMBER: 08941964)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. FIXED ASSET INVESTMENTS
Own
shares
€   
COST
At 1 January 2023
and 31 December 2023 3,000
NET BOOK VALUE
At 31 December 2023 3,000
At 31 December 2022 3,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
€    €   
Amounts owed by group undertakings 14,819 41,319

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
€    €   
Bank loans and overdrafts - 474
Trade creditors - 702
- 1,176

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
€    €   
Other creditors 100,000 120,000

8. RESERVES
Revaluation
reserve
€   
At 1 January 2023
and 31 December 2023 1,719