IRIS Accounts Production v25.2.0.378 02322921 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false 'A' Ordinary 1.00000 'B' Ordinary 1.00000 'C' Ordinary 1.00000 'D' Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02322921 2024-03-31 02322921 2025-03-31 02322921 2024-04-01 2025-03-31 02322921 2023-03-31 02322921 2023-04-01 2024-03-31 02322921 2024-03-31 02322921 ns15:EnglandWales 2024-04-01 2025-03-31 02322921 ns14:PoundSterling 2024-04-01 2025-03-31 02322921 ns10:Director1 2024-04-01 2025-03-31 02322921 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02322921 ns10:SmallEntities 2024-04-01 2025-03-31 02322921 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02322921 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 02322921 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02322921 ns10:FullAccounts 2024-04-01 2025-03-31 02322921 1 2024-04-01 2025-03-31 02322921 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 02322921 ns10:OrdinaryShareClass3 2024-04-01 2025-03-31 02322921 ns10:OrdinaryShareClass4 2024-04-01 2025-03-31 02322921 ns10:OrdinaryShareClass5 2024-04-01 2025-03-31 02322921 ns10:Director2 2024-04-01 2025-03-31 02322921 ns10:Director3 2024-04-01 2025-03-31 02322921 ns10:CompanySecretary1 2024-04-01 2025-03-31 02322921 ns10:RegisteredOffice 2024-04-01 2025-03-31 02322921 ns5:CurrentFinancialInstruments 2025-03-31 02322921 ns5:CurrentFinancialInstruments 2024-03-31 02322921 ns5:ShareCapital 2025-03-31 02322921 ns5:ShareCapital 2024-03-31 02322921 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 02322921 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 02322921 ns5:ComputerSoftware 2024-04-01 2025-03-31 02322921 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-04-01 2025-03-31 02322921 ns5:FurnitureFittings 2024-04-01 2025-03-31 02322921 ns5:ComputerEquipment 2024-04-01 2025-03-31 02322921 ns5:ComputerSoftware 2024-03-31 02322921 ns5:ComputerSoftware 2025-03-31 02322921 ns5:ComputerSoftware 2024-03-31 02322921 ns5:LandBuildings 2024-03-31 02322921 ns5:FurnitureFittings 2024-03-31 02322921 ns5:ComputerEquipment 2024-03-31 02322921 ns5:LandBuildings 2024-04-01 2025-03-31 02322921 ns5:LandBuildings 2025-03-31 02322921 ns5:FurnitureFittings 2025-03-31 02322921 ns5:ComputerEquipment 2025-03-31 02322921 ns5:LandBuildings 2024-03-31 02322921 ns5:FurnitureFittings 2024-03-31 02322921 ns5:ComputerEquipment 2024-03-31 02322921 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 02322921 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 02322921 ns10:OrdinaryShareClass2 2025-03-31 02322921 ns10:OrdinaryShareClass3 2025-03-31 02322921 ns10:OrdinaryShareClass4 2025-03-31 02322921 ns10:OrdinaryShareClass5 2025-03-31

REGISTERED NUMBER: 02322921 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GEO SUPPLIES LTD

GEO SUPPLIES LTD (REGISTERED NUMBER: 02322921)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

GEO SUPPLIES LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Mr C J Darmon

| Mr L Sims

| Mr P Vickers

| SECRETARY: | Mr L Sims

| REGISTERED OFFICE: | 49 Station Road

| Chapeltown

| Sheffield

| South Yorkshire

| S35 2XE

| REGISTERED NUMBER: | 02322921 (England and Wales)

| ACCOUNTANTS: | Gibson Booth Limited

| 12 Victoria Road

| Barnsley

| South Yorkshire

| S70 2BB

| BANKERS: | Lloyds TSB Bank Plc

| 103 Norfolk Street

| Sheffield

| South Yorkshire

| S1 1ST

GEO SUPPLIES LTD (REGISTERED NUMBER: 02322921)

BALANCE SHEET

31 MARCH 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 43,090 |  | 45,578 |  |

43,090 |  | 45,578 |  |

CURRENT ASSETS

Stocks | 6 | 55,007 |  | 54,015 |  |

Debtors | 7 | 25,798 |  | 50,508 |  |

Cash at bank and in hand | 277,202 |  | 231,796 |  |

358,007 |  | 336,319 |  |

CREDITORS

Amounts falling due within one year | 8 | 211,458 |  | 204,735 |  |

NET CURRENT ASSETS | 146,549 |  | 131,584 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 189,639 |  | 177,162 |  |

PROVISIONS FOR LIABILITIES | 1,561 |  | 1,774 |  |

NET ASSETS | 188,078 |  | 175,388 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 79,500 |  | 79,500 |  |

Retained earnings | 108,578 |  | 95,888 |  |

SHAREHOLDERS' FUNDS | 188,078 |  | 175,388 |  |

GEO SUPPLIES LTD (REGISTERED NUMBER: 02322921)

BALANCE SHEET - continued

31 MARCH 2025

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by:

Mr C J Darmon - Director

GEO SUPPLIES LTD (REGISTERED NUMBER: 02322921)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Geo Supplies 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.

| The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

| Significant judgements and estimates

| No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

| There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

| Turnover

| The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

| Turnover is recognised once the goods or services have been supplied and invoiced to the customer.

| Intangible fixed assets

| Amortisation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Website development - 20% on cost

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Freehold property | - | 2% on cost

| Fixtures and fittings | - | 10% on reducing balance

| Office equipment | - | 25% on reducing balance

| Tangible fixed assets are originally recognised at cost (or deemed cost). Cost includes costs directly attributable to making the asset capable of operating as intended.

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

GEO SUPPLIES LTD (REGISTERED NUMBER: 02322921)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year 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 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

| 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 4 (2024 - 4 ) .

GEO SUPPLIES LTD (REGISTERED NUMBER: 02322921)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | INTANGIBLE FIXED ASSETS

| Website

| development

| costs

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 5,308 |  |

| AMORTISATION

| At 1 April 2024

| and 31 March 2025 | 5,308 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | and |  | Office |

| property |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 68,155 |  | 25,143 |  | 58,343 |  | 151,641 |  |

| Additions | - |  | - |  | 831 |  | 831 |  |

| At 31 March 2025 | 68,155 |  | 25,143 |  | 59,174 |  | 152,472 |  |

| DEPRECIATION

| At 1 April 2024 | 31,884 |  | 21,911 |  | 52,268 |  | 106,063 |  |

| Charge for year | 1,363 |  | 323 |  | 1,633 |  | 3,319 |  |

| At 31 March 2025 | 33,247 |  | 22,234 |  | 53,901 |  | 109,382 |  |

| NET BOOK VALUE

| At 31 March 2025 | 34,908 |  | 2,909 |  | 5,273 |  | 43,090 |  |

| At 31 March 2024 | 36,271 |  | 3,232 |  | 6,075 |  | 45,578 |  |

6. | STOCKS

| 31.3.25 |  | 31.3.24

£ | £ |

| Stocks | 55,007 |  | 54,015 |  |

GEO SUPPLIES LTD (REGISTERED NUMBER: 02322921)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 8,809 |  | 14,132 |  |

| Prepayments and accrued income | 16,989 |  | 36,376 |  |

25,798 |  | 50,508 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 7,711 |  | 5,393 |  |

| Corporation tax | 5,905 |  | - |  |

| Social security and other taxes | 2,820 |  | 2,815 |  |

| VAT | 14,052 |  | 14,966 |  |

| Other creditors | 301 |  | 279 |  |

| Accruals and deferred income | 180,669 |  | 181,282 |  |

211,458 |  | 204,735 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 60,000 | 'A' Ordinary | £1 | 60,000 |  | 60,000 |  |

| 5,000 | 'B' Ordinary | £1 | 5,000 |  | 5,000 |  |

| 2,500 | 'C' Ordinary | £1 | 2,500 |  | 2,500 |  |

| 10,000 | 'D' Ordinary | £1 | 10,000 |  | 10,000 |  |

| 1,000 | 'E' Ordinary | £1 | 1,000 |  | 1,000 |  |

| 1,000 | 'F' Ordinary | £1 | 1,000 |  | 1,000 |  |

79,500 |  | 79,500 |  |