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REGISTERED NUMBER: 04689357 (England and Wales)













GEO POLLUTION TECHNOLOGIES (UK) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






GEO POLLUTION TECHNOLOGIES (UK) LIMITED (REGISTERED NUMBER: 04689357)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GEO POLLUTION TECHNOLOGIES (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: I A McDonald
D J Evans
A McDonald





SECRETARY: I A McDonald





REGISTERED OFFICE: 4 Village Court
Village Farm Industrial Estate
Pyle
Bridgend
CF33 6BX





REGISTERED NUMBER: 04689357 (England and Wales)





ACCOUNTANTS: Carr, Jenkins & Hood
3 New Mill Court
Enterprise Park
Swansea
SA7 9FG

GEO POLLUTION TECHNOLOGIES (UK) LIMITED (REGISTERED NUMBER: 04689357)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 9,801 14,701
Tangible assets 5 401,078 406,368
410,879 421,069

CURRENT ASSETS
Stocks 252,070 266,303
Debtors 6 718,248 653,905
Cash at bank and in hand 50,111 91,089
1,020,429 1,011,297
CREDITORS
Amounts falling due within one year 7 692,652 552,041
NET CURRENT ASSETS 327,777 459,256
TOTAL ASSETS LESS CURRENT LIABILITIES 738,656 880,325

CREDITORS
Amounts falling due after more than one
year

8

(241,599

)

(280,762

)

PROVISIONS FOR LIABILITIES (77,231 ) (86,899 )
NET ASSETS 419,826 512,664

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 419,726 512,564
419,826 512,664

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

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

The directors acknowledge their 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.

GEO POLLUTION TECHNOLOGIES (UK) LIMITED (REGISTERED NUMBER: 04689357)

BALANCE SHEET - continued
31 MAY 2024


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 Board of Directors and authorised for issue on 6 November 2024 and were signed on its behalf by:





I A McDonald - Director


GEO POLLUTION TECHNOLOGIES (UK) LIMITED (REGISTERED NUMBER: 04689357)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Geo Pollution Technologies (Uk) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 15% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


GEO POLLUTION TECHNOLOGIES (UK) LIMITED (REGISTERED NUMBER: 04689357)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 33 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 25,000
AMORTISATION
At 1 June 2023 10,299
Charge for year 4,900
At 31 May 2024 15,199
NET BOOK VALUE
At 31 May 2024 9,801
At 31 May 2023 14,701

GEO POLLUTION TECHNOLOGIES (UK) LIMITED (REGISTERED NUMBER: 04689357)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 June 2023 8,325 34,669 23,653 439,759 506,406
Additions - - 254 137,758 138,012
Disposals - - - (58,825 ) (58,825 )
At 31 May 2024 8,325 34,669 23,907 518,692 585,593
DEPRECIATION
At 1 June 2023 5,464 13,357 13,270 67,947 100,038
Charge for year 649 4,334 2,650 84,168 91,801
Eliminated on disposal - - - (7,324 ) (7,324 )
At 31 May 2024 6,113 17,691 15,920 144,791 184,515
NET BOOK VALUE
At 31 May 2024 2,212 16,978 7,987 373,901 401,078
At 31 May 2023 2,861 21,312 10,383 371,812 406,368

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 632,052 606,512
Amounts owed by associates 69,576 28,949
Other debtors 16,620 18,444
718,248 653,905

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 66,631 52,173
Trade creditors 397,627 293,790
Taxation and social security 168,566 129,477
Other creditors 49,828 66,601
692,652 552,041

GEO POLLUTION TECHNOLOGIES (UK) LIMITED (REGISTERED NUMBER: 04689357)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 11,667 21,667
Hire purchase contracts 229,932 259,095
241,599 280,762