IRIS Accounts Production v24.3.2.46 03694367 Board of Directors 1.6.23 31.5.24 31.5.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh036943672023-05-31036943672024-05-31036943672023-06-012024-05-31036943672022-05-31036943672022-06-012023-05-31036943672023-05-3103694367ns15:EnglandWales2023-06-012024-05-3103694367ns14:PoundSterling2023-06-012024-05-3103694367ns10:Director12023-06-012024-05-3103694367ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3103694367ns10:SmallEntities2023-06-012024-05-3103694367ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3103694367ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3103694367ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3103694367ns10:AbridgedAccounts2023-06-012024-05-3103694367ns10:Director22023-06-012024-05-3103694367ns10:Director32023-06-012024-05-3103694367ns10:Director42023-06-012024-05-3103694367ns10:RegisteredOffice2023-06-012024-05-3103694367ns5:CurrentFinancialInstruments2024-05-3103694367ns5:CurrentFinancialInstruments2023-05-3103694367ns5:ShareCapital2024-05-3103694367ns5:ShareCapital2023-05-3103694367ns5:SharePremium2024-05-3103694367ns5:SharePremium2023-05-3103694367ns5:RetainedEarningsAccumulatedLosses2024-05-3103694367ns5:RetainedEarningsAccumulatedLosses2023-05-31
REGISTERED NUMBER: 03694367 (England and Wales)















Geejay Estates Limited

Unaudited Financial Statements for the Year Ended 31 May 2024






Geejay Estates Limited (Registered number: 03694367)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Geejay Estates Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: J Rosen
M Rosen
J J Rosen
G F Rosen





REGISTERED OFFICE: 71/73 Hoghton Street
Southport
Merseyside
PR9 0PR





REGISTERED NUMBER: 03694367 (England and Wales)





ACCOUNTANTS: Advance Chartered Certified Accountants
71-73 Hoghton Street
Southport
Merseyside
PR9 0PR

Geejay Estates Limited (Registered number: 03694367)

Abridged Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 189 223
Investment property 5 1,500,000 1,500,000
1,500,189 1,500,223

CURRENT ASSETS
Cash at bank 115,383 140,340

CREDITORS
Amounts falling due within one year 160,242 163,642
NET CURRENT LIABILITIES (44,859 ) (23,302 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,455,330

1,476,921

PROVISIONS FOR LIABILITIES 210,960 210,960
NET ASSETS 1,244,370 1,265,961

CAPITAL AND RESERVES
Called up share capital 100 100
Fair Value Reserve 857,001 857,001
Retained earnings 387,269 408,860
SHAREHOLDERS' FUNDS 1,244,370 1,265,961

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.

Geejay Estates Limited (Registered number: 03694367)

Abridged 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 February 2025 and were signed on its behalf by:





J Rosen - Director


Geejay Estates Limited (Registered number: 03694367)

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

1. STATUTORY INFORMATION

Geejay Estates 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Fixed assets
All fixed assets are initially recorded at cost.

Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 15% reducing balance

Where buildings are maintained to such a standard that their residual value is not less than their cost or valuation, no depreciation is charged as it is not material.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

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

Geejay Estates Limited (Registered number: 03694367)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023
and 31 May 2024 6,608
DEPRECIATION
At 1 June 2023 6,385
Charge for year 34
At 31 May 2024 6,419
NET BOOK VALUE
At 31 May 2024 189
At 31 May 2023 223

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 1,500,000
NET BOOK VALUE
At 31 May 2024 1,500,000
At 31 May 2023 1,500,000