REGISTERED NUMBER: 09997056 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th April 2025

for

Geosib Properties Limited

Page

Company information

1

Abridged balance sheet

2

Notes to the financial statements

4

Directors:

M S Sibthorp

S R George

Registered office:

Abacus House

14-18 Forest Road

Loughton

Essex

IG10 1DX

Registered number:

09997056 (England and Wales)

Accountants:

Cooper Paul

Abacus House

14-18 Forest Road

Loughton

Essex

IG10 1DX

Fixed assets

Investment property

4

500,000

500,000

Current assets

Cash at bank

5,831

5,744

Creditors

Amounts falling due within one year

(119,620

)

(140,633

)

Net current liabilities

(113,789

)

(134,889

)

Total assets less current liabilities

386,211

365,111

Capital and reserves

Called up share capital

100

100

Retained earnings

386,111

365,011

Shareholders' funds

386,211

365,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

All the members have consented to the preparation of an abridged Statement of income and retained earnings and an abridged Balance sheet for the year ended 30th April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2nd October 2025 and were signed on its behalf by:

M S Sibthorp - Director

1.	Statutory information

Geosib Properties Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the rent received or receivable, excluding discounts, rebates, value added tax and any other sales taxes.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Investment property

Total

£

Fair value

At 1st May 2024

and 30th April 2025

500,000

Net book value

At 30th April 2025

500,000

At 30th April 2024

500,000

Fair value at 30th April 2025 is represented by:

£

Valuation in 2024

200,000

Cost

300,000

500,000

5.	Directors' advances, credits and guarantees

Mr S R George made an interest free loan to the company which at 30 April 2025 amounted to £53,950 (30 April 2024 £64,750).

6.	Related party disclosures

The company benefits from an interest free loan from a company which is wholly owned by one of the company's directors and his wife. At 30 April 2025 the loan amounted to £53,734 (2024 £64,534).