2023-01-01 07882542 2023-12-31 07882542 2023-01-01 2023-12-31 07882542 2022-12-31 07882542 2022-01-01 2022-12-31 07882542 uk-core:WithinOneYear 2022-12-31 07882542 uk-core:WithinOneYear 2023-12-31 07882542 uk-core:ShareCapital 2023-12-31 07882542 uk-core:ShareCapital 2022-12-31 07882542 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 07882542 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 07882542 uk-bus:Director1 2023-01-01 2023-12-31 07882542 uk-core:PlantMachinery 2023-01-01 2023-12-31 07882542 uk-core:ToolsEquipment 2023-01-01 2023-12-31 07882542 uk-core:ToolsEquipment 2022-12-31 07882542 uk-core:PlantMachinery 2022-12-31 07882542 uk-core:PlantMachinery 2023-12-31 07882542 uk-core:ToolsEquipment 2023-12-31 07882542 uk-core:WithinOneYear 2023-12-31 07882542 uk-core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure 07882542 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07882542 uk-bus:FRS102 2023-01-01 2023-12-31 07882542 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 07882542 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
GEO CEILINGS & PARTITIONS LTD
Registered Number:07882542
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
07882542
As at 31 December 2023
GEO CEILINGS & PARTITIONS LTD
Statement of Financial Position
£
£
2022
2023
Notes
Current assets
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
Capital and reserves
Called up share capital
100
100
Retained earnings
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
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4
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.
Registered address:
9 Bridge Place
Amersham
England
HP6 6JF
The presentation currency is £ sterling.
1. Accounting policies
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
20 Straight line
25 Straight line
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.
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5
For the year ended 31 December 2023
GEO CEILINGS & PARTITIONS LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Plant and
machinery
£
£
£
Cost or
valuation
At 01 January 2023
5,225
2,207
3,018
At 31 December 2023
3,018
2,207
5,225
Provision for depreciation and impairment
At 01 January 2023
5,225
2,207
3,018
At 31 December 2023
5,225
2,207
3,018
At 31 December 2023
Net book value
-
-
-
At 31 December 2022
-
-
-
3. Trade and other receivables
2022
2023
£
£
Trade debtors
105,753
15,103
Other debtors
10,986
15,960
31,063
116,739
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
57,420
190,417
Trade creditors
2,191
18,120
Taxation and social security
7,388
38,244
Other creditors
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)
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