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REGISTERED NUMBER: 00679289 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Geo A Dick Limited

Geo A Dick Limited (Registered number: 00679289)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Geo A Dick Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs L Dick





SECRETARY: Mrs L Dick





REGISTERED OFFICE: c/o Ency Associates
Printware Court
Cumberland Business Centre
Portsmouth
Hampshire
PO5 1DS





REGISTERED NUMBER: 00679289 (England and Wales)





ACCOUNTANTS: Ency Associates
Chartered Certified Accountants
Printware Court
Cumberland Business Centre
Northumberland Road
Portsmouth
Hampshire
PO5 1DS

Geo A Dick Limited (Registered number: 00679289)

Balance Sheet
31 March 2024

31.3.24 31.3.23
as restated
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 194,250 404,250

CURRENT ASSETS
Debtors 5 11,862 10,373
Cash at bank 135,214 43,584
147,076 53,957
CREDITORS
Amounts falling due within one year 6 10,219 23,628
NET CURRENT ASSETS 136,857 30,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

331,107

434,579

CREDITORS
Amounts falling due after more than
one year

7

-

(79,868

)

PROVISIONS FOR LIABILITIES (3,004 ) (7,997 )
NET ASSETS 328,103 346,714

Geo A Dick Limited (Registered number: 00679289)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
as restated
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 8 3,000 3,000
Retained earnings 8 324,103 342,714
SHAREHOLDERS' FUNDS 328,103 346,714

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 7 November 2024 and were signed by:





Mrs L Dick - Director


Geo A Dick Limited (Registered number: 00679289)

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

1. STATUTORY INFORMATION

Geo A Dick 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 as modified by the revaluation of certain assets.

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 (2023 - NIL).

Geo A Dick Limited (Registered number: 00679289)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 404,250
Disposals (210,000 )
At 31 March 2024 194,250
NET BOOK VALUE
At 31 March 2024 194,250
At 31 March 2023 404,250

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2010 83,468
Valuation in 2021 42,500
Valuation in 2023 1,750
Cost 66,532
194,250

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
as restated
£    £   
Trade debtors 4,000 10,373
Other debtors 7,862 -
11,862 10,373

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
as restated
£    £   
Trade creditors 900 820
Taxation and social security 5,318 3,507
Other creditors 4,001 19,301
10,219 23,628

Geo A Dick Limited (Registered number: 00679289)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
as restated
£    £   
Other creditors - 79,868

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 April 2023 346,221 3,000 349,221
Prior year adjustment (3,507 ) (3,507 )
342,714 345,714
Profit for the year 1,389 1,389
Dividends (20,000 ) (20,000 )
At 31 March 2024 324,103 3,000 327,103

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
as restated
£    £   
Mrs L Dick
Balance outstanding at start of year (91,868 ) (85,692 )
Amounts advanced 115,000 6,094
Amounts repaid (20,270 ) (12,270 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,862 (91,868 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs L Dick.