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Company Registration No. 04688863 (England and Wales)
Geoff Foot Estate Agents Limited Unaudited accounts for the year ended 30 September 2024
Geoff Foot Estate Agents Limited Unaudited accounts Contents
Page
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Geoff Foot Estate Agents Limited Company Information for the year ended 30 September 2024
Director
Janice Haines
Company Number
04688863 (England and Wales)
Registered Office
7 Elm Grove Hayling Island Hampshire PO11 9EA
Accountants
Horn & Co. Accountants Limited 6 Weyhill Close Portchester Fareham Hampshire PO16 8EL
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Geoff Foot Estate Agents Limited for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Geoff Foot Estate Agents Limited for the year ended 30 September 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Horn & Co. Accountants Limited Chartered Certified Accountants 6 Weyhill Close Portchester Fareham Hampshire PO16 8EL 4 June 2025
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Geoff Foot Estate Agents Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,981 
11,331 
Current assets
Debtors
14,740 
3,831 
Cash at bank and in hand
- 
62 
14,740 
3,893 
Creditors: amounts falling due within one year
(54,863)
(28,592)
Net current liabilities
(40,123)
(24,699)
Net liabilities
(31,142)
(13,368)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(31,143)
(13,369)
Shareholders' funds
(31,142)
(13,368)
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 June 2025 and were signed on its behalf by
Janice Haines Director Company Registration No. 04688863
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Geoff Foot Estate Agents Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Geoff Foot Estate Agents Limited is a private company, limited by shares, registered in England and Wales, registration number 04688863. The registered office is 7 Elm Grove, Hayling Island, Hampshire, PO11 9EA.
2
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the term of the lease
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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. 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 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.
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Geoff Foot Estate Agents Limited Notes to the Accounts for the year ended 30 September 2024
3
Intangible fixed assets
Total 
£ 
Cost
At 1 October 2023
24,700 
At 30 September 2024
24,700 
Amortisation
At 1 October 2023
24,700 
At 30 September 2024
24,700 
Net book value
At 30 September 2024
- 
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 October 2023
44,001 
At 30 September 2024
44,001 
Depreciation
At 1 October 2023
32,670 
Charge for the year
2,350 
At 30 September 2024
35,020 
Net book value
At 30 September 2024
8,981 
At 30 September 2023
11,331 
5
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 September 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
35,000 
49,000 
6
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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