GEORDIE INTELLIGENCE LIMITED

Company Registration Number:
12758718 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

GEORDIE INTELLIGENCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

GEORDIE INTELLIGENCE LIMITED

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 671 782
Tangible assets: 4 394 0
Total fixed assets: 1,065 782
Current assets
Cash at bank and in hand: 1,962 396
Total current assets: 1,962 396
Creditors: amounts falling due within one year:   (8,076) (10,746)
Net current assets (liabilities): (6,114) (10,350)
Total assets less current liabilities: (5,049) (9,568)
Total net assets (liabilities): (5,049) (9,568)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (5,050) (9,569)
Shareholders funds: (5,049) (9,568)

The notes form part of these financial statements

GEORDIE INTELLIGENCE LIMITED

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 April 2025
and signed on behalf of the board by:

Name: R Waterston
Status: Director

The notes form part of these financial statements

GEORDIE INTELLIGENCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered and net of discount

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fittings fixtures and equipment - 15% straight line

Intangible fixed assets and amortisation policy

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Website - 10% straight line

GEORDIE INTELLIGENCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

GEORDIE INTELLIGENCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Intangible Assets

Total
Cost £
At 01 August 2023 1,106
At 31 July 2024 1,106
Amortisation
At 01 August 2023 324
Charge for year 111
At 31 July 2024 435
Net book value
At 31 July 2024 671
At 31 July 2023 782

GEORDIE INTELLIGENCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible Assets

Total
Cost £
At 01 August 2023 0
Additions 423
At 31 July 2024 423
Depreciation
At 01 August 2023 0
Charge for year 29
At 31 July 2024 29
Net book value
At 31 July 2024 394
At 31 July 2023 0