REGISTERED NUMBER: 15404691 (England and Wales)

GENEVA ESTATES LTD

Unaudited Financial Statements

for the Period 10 January 2024 to 31 January 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Z Jabarkhil

SECRETARY:

Z Jabarkhil

REGISTERED OFFICE:

23 Langmead Drivw

Bushey Heath

Bushey

WD23 4GD

BUSINESS ADDRESS:

52 Harcourt Avenue

Edgware

Middlesex

HA8 8YN

REGISTERED NUMBER:

15404691 (England and Wales)

ACCOUNTANTS:

Millennium Professional Services (UK) Limited

Lotus House

227 Preston Road

Wembley

Middlesex

HA9 8NF

FIXED ASSETS

Tangible assets

4

7,125

Investment property

5

258,436

265,561

CURRENT ASSETS

Stocks

60,000

Debtors

6

52

Cash at bank and in hand

24,376

84,428

CREDITORS

Amounts falling due within one year

7

105,786

NET CURRENT LIABILITIES

(21,358

)

TOTAL ASSETS LESS CURRENT LIABILITIES

244,203

CREDITORS

Amounts falling due after more than one year

8

200,000

NET ASSETS

44,203

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

44,103

SHAREHOLDERS' FUNDS

44,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 16 May 2025 and were signed by:

Z Jabarkhil - Director

1.	STATUTORY INFORMATION

Geneva Estates Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Stocks

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

Taxation

Taxation for the period 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.

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 period 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.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

9,500

At 31 January 2025

9,500

DEPRECIATION

Charge for period

2,375

At 31 January 2025

2,375

NET BOOK VALUE

At 31 January 2025

7,125

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

258,436

At 31 January 2025

258,436

NET BOOK VALUE

At 31 January 2025

258,436

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

VAT

52

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Tax

11,130

Directors' current accounts

86,156

Accrued expenses

8,500

105,786

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans - 1-2 years

200,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1.00

100

10.

RESERVES

Retained

earnings

£

Profit for the period

44,103

At 31 January 2025

44,103