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Registered Number: 12449427
England and Wales

 

 

 


Report of the Directors and Unaudited Financial Statements

for the year ended 29 February 2024

for

GEESTAR INVESTMENTS LIMITED

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 310,511  307,076 
Current assets 5,786  2,271 
Creditors: amount falling due within one year (159,331) (147,642)
Net current assets (153,545) (145,371)
Total assets less current liabilities 156,966  161,705 
Creditors: amount falling due after more than one year (298,414) (277,390)
Net assets (141,448) (115,685)
 
Capital and reserves (141,448) (115,685)
 
  1. For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Tara Prasad Lamsal Sharma
Director

Date approved: 29 November 2024
1
Statutory Information
GEESTAR INVESTMENTS LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 12449427, registration address 31 Trimpley Road, Birmingham, B32 3PE, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Tangible fixed assets
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:
Fixtures and Fittings20 Reducing Balance
2.

Tangible fixed assets

Cost or Valuation Freehold property   Improvements to property   Fixtures and Fittings   Total
  £   £   £   £
At 01 March 2023 222,500    81,308    5,106    308,914 
Additions   7,241      7,241 
Disposals (2,785)       (2,785)
At 29 February 2024 219,715    88,549    5,106    313,370 
Depreciation
At 01 March 2023     1,838    1,838 
Charge for year     1,021    1,021 
On disposals      
At 29 February 2024     2,859    2,859 
Net book values
Closing balance as at 29 February 2024 219,715    88,549    2,247    310,511 
Opening balance as at 01 March 2023 222,500    81,308    3,268    307,076 

3.

Average number of employees

Average number of employees during the year was 2  (2023: 2).
2