Registration number: 15531270

Sales Geek Stafford Ltd

(Registration number: 15531270)
Balance Sheet as at 28 February 2025

	Note	2025 £
Fixed assets
Intangible assets	4	27,417
Tangible assets	5	354
		27,771
Current assets
Debtors	6	66
Creditors: Amounts falling due within one year	7	(41,766)
Net current liabilities		(41,700)
Net liabilities		(13,929)
Capital and reserves
Called up share capital		100
Retained earnings		(14,029)
Shareholders' deficit		(13,929)

For the financial period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 October 2025
 

......................................... Mr M W Hill Director

Sales Geek Stafford Ltd

Notes to the Unaudited Financial Statements for the Period from 29 February 2024 to 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
168 Willoughbridge
Market Drayton
Shropshire
TF9 4JL
UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Sales Geek Stafford Ltd

Notes to the Unaudited Financial Statements for the Period from 29 February 2024 to 28 February 2025

Tax

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 2.

Sales Geek Stafford Ltd

Notes to the Unaudited Financial Statements for the Period from 29 February 2024 to 28 February 2025

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	35,000	35,000
At 28 February 2025	35,000	35,000
Amortisation
Amortisation charge	7,583	7,583
At 28 February 2025	7,583	7,583
Carrying amount
At 28 February 2025	27,417	27,417

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
Additions	653	653
At 28 February 2025	653	653
Depreciation
Charge for the period	299	299
At 28 February 2025	299	299
Carrying amount
At 28 February 2025	354	354

6

Debtors

Current	2025 £
Other debtors	66
	66

Sales Geek Stafford Ltd

Notes to the Unaudited Financial Statements for the Period from 29 February 2024 to 28 February 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £
Due within one year
Loans and borrowings	8	29,829
Other creditors		11,937
		41,766

Current loans and borrowings

	2025 £
Bank borrowings	28,498
Bank overdrafts	1,331
	29,829

8	Loans and borrowings

Current loans and borrowings

	2025 £
Bank borrowings	28,498
Bank overdrafts	1,331
	29,829