GEO CEILINGS & PARTITIONS LTD |
Registered Number:07882542 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2023
GEO CEILINGS & PARTITIONS LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
GEO CEILINGS & PARTITIONS LTD
Statement of Financial Position
2022
2023
Trade and other receivables |
31,063
116,739
3
312,535
Cash and cash equivalents |
100
116,839
343,598
Trade and other payables: amounts falling due within one |
year |
(326,134)
(91,699)
4
17,464
25,140
Net current assets
Total assets less current liabilities |
25,140
17,464
25,140
Net assets
17,464
100
100
25,040
17,364
25,140
17,464
Shareholders' funds
For the year ended 31 December 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
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 proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Giorgi Demetrashvili Director |
These financial statements were approved and authorised for issue by the Board on 25 September 2024 and were signed by: |
The notes form part of these financial statements |
1 of 3
For the year ended 31 December 2023
GEO CEILINGS & PARTITIONS LTD
Notes to the Financial Statements
Statutory Information
GEO CEILINGS & PARTITIONS LTD is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 07882542. |
9 Bridge Place
Amersham
England
HP6 6JF
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Debtors include amounts recoverable on long term contracts which are stated at the net sales value of the work done after provision for contingencies and any anticipated future losses on contracts, less amounts received as progress payments on account. Any excess progress payments are included in creditors as payments on account. |
2 of 3
For the year ended 31 December 2023
GEO CEILINGS & PARTITIONS LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment |
5,225
2,207
3,018
3,018
2,207
5,225
Provision for depreciation and impairment |
5,225
2,207
3,018
5,225
2,207
3,018
-
-
-
-
-
-
3. Trade and other receivables |
2022
2023
105,753
15,103
10,986
15,960
31,063
116,739
4. Trade and other payables: amounts falling due within one year |
2022
2023
57,420
190,417
2,191
18,120
Taxation and social security |
7,388
38,244
24,700
79,353
91,699
326,134
5. Related party transactions |
Directors owns 100% of shares. |
On the 31st of December 2023, the director owes £2,743 to the company. |
6. Average number of persons employed |
During the year the average number of employees and directors was 1 (2022 : 1)
3 of 3