Company Registration No. 12995075 (England and Wales)
GEO AUTOMOTIVE LTD
Unaudited accounts
for the year ended 30 November 2024
GEO AUTOMOTIVE LTD
Unaudited accounts
Contents
GEO AUTOMOTIVE LTD
Company Information
for the year ended 30 November 2024
Company Number
12995075 (England and Wales)
Registered Office
772 MANCHESTER ROAD
BRADFORD
BD5 7QP
ENGLAND
Accountants
Mayden Group Limited
Chartered Certified Accountants
4th Floor
42 Upper Piccadilly
Bradford
West Yorkshire
BD1 3NU
GEO AUTOMOTIVE LTD
Statement of financial position
as at 30 November 2024
Tangible assets
49,330
3,483
Inventories
281,927
356,610
Cash at bank and in hand
7,608
17,295
Creditors: amounts falling due within one year
(333,296)
(374,885)
Net current liabilities
(43,761)
(980)
Called up share capital
100
100
Profit and loss account
5,469
2,403
Shareholders' funds
5,569
2,503
For the year ending 30 November 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 6 August 2025 and were signed on its behalf by
Shahzad AHMED
Director
Company Registration No. 12995075
GEO AUTOMOTIVE LTD
Notes to the Accounts
for the year ended 30 November 2024
GEO AUTOMOTIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 12995075. The registered office is 772 MANCHESTER ROAD, BRADFORD, BD5 7QP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
Depreciate at 15% reducing method
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2023
-
4,098
4,098
At 30 November 2024
46,369
4,098
50,467
At 1 December 2023
-
615
615
Charge for the year
-
522
522
At 30 November 2024
-
1,137
1,137
At 30 November 2024
46,369
2,961
49,330
At 30 November 2023
-
3,483
3,483
GEO AUTOMOTIVE LTD
Notes to the Accounts
for the year ended 30 November 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,768
337
Loans from directors
304,528
374,196
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).