George and Company (Surveyors) Limited


Directors	ARCHER, Claire Carol
	GEORGE, Alistair Damian


Registered Address	62 Regent Street
	Rugby
	CV21 2PS


Registered Number	07132697 (England and Wales)

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		117,958		54,287
			117,958		54,287
Current assets
Debtors		302,132		275,950
Cash at bank and on hand		19,356		16,831
		321,488		292,781
Creditors amounts falling due within one year	4	(109,096)		(103,855)
Net current assets (liabilities)			212,392		188,926
Total assets less current liabilities			330,350		243,213
Creditors amounts falling due after one year	5		(41,549)		(23,480)
Provisions for liabilities	7		(81,157)		(28,684)
Net assets			207,644		191,049
Capital and reserves
Called up share capital			101		101
Profit and loss account			207,543		190,948
Shareholders' funds			207,644		191,049

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 26 November 2025, and are signed on its behalf by:

GEORGE, Alistair Damian
Director
Registered Company No. 07132697

George and Company (Surveyors) Limited

Notes to the Financial Statements
for the period ended 28 February 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Land and buildings	10
	Plant and machinery	5
	Fixtures and fittings	5
	Vehicles	5

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	10		8

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£	£
Cost or valuation
At 29 February 24	81,800	6,475	16,250	38,351	142,876
Additions	-	-	74,500	6,003	80,503
At 28 February 25	81,800	6,475	90,750	44,354	223,379
Depreciation and impairment
At 29 February 24	40,900	3,499	11,942	32,248	88,589
Charge for year	8,180	992	4,825	2,835	16,832
At 28 February 25	49,080	4,491	16,767	35,083	105,421
Net book value
At 28 February 25	32,720	1,984	73,983	9,271	117,958
At 28 February 24	40,900	2,976	4,308	6,103	54,287

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	8,404	9,813
Bank borrowings and overdrafts	16,000	16,331
Taxation and social security	62,799	56,048
Finance lease and HP contracts	4,816	-
Other creditors	3,650	8,713
Accrued liabilities and deferred income	13,427	12,950
Total	109,096	103,855

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	4,000	23,480
Other creditors	37,549	-
Total	41,549	23,480

6.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	42,365		-

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	2,914	24
Other provisions	78,243	28,660
Total	81,157	28,684

8.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
GEORGE, Alistair Damian	39,833	0	31,600	8,233
	39,833	0	31,600	8,233