29 November 2024 false No description of principal activity Taxfiler 2024.6 06010820 business:PrivateLimitedCompanyLtd 2024-11-29 2025-11-28 06010820 2024-11-28 06010820 2024-11-29 2025-11-28 06010820 business:AuditExempt-NoAccountantsReport 2024-11-29 2025-11-28 06010820 business:FilletedAccounts 2024-11-29 2025-11-28 06010820 2025-11-28 06010820 2024-11-28 06010820 core:WithinOneYear 2025-11-28 06010820 core:WithinOneYear 2024-11-28 06010820 core:ShareCapital core:PreviouslyStatedAmount 2025-11-28 06010820 core:ShareCapital core:PreviouslyStatedAmount 2024-11-28 06010820 core:RevaluationReserve core:PreviouslyStatedAmount 2025-11-28 06010820 core:RevaluationReserve core:PreviouslyStatedAmount 2024-11-28 06010820 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-11-28 06010820 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-11-28 06010820 core:PreviouslyStatedAmount 2025-11-28 06010820 core:PreviouslyStatedAmount 2024-11-28 06010820 business:SmallEntities 2024-11-29 2025-11-28 06010820 business:Director2 2024-11-29 2025-11-28 06010820 countries:EnglandWales 2024-11-29 2025-11-28 06010820 business:RegisteredOffice 2024-11-29 2025-11-28 06010820 2023-11-29 2024-11-28 iso4217:GBP xbrli:pure
Company Registration No. 06010820 (England and Wales)
GEOSOM PROPERTY INVESTMENTS LIMITED Unaudited accounts for the year ended 28 November 2025
GEOSOM PROPERTY INVESTMENTS LIMITED Statement of financial position as at 28 November 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
14,106,141
13,773,149
Current assets
Debtors
5
1,497,480
1,659,988
Cash at bank and in hand
717,536
65,514
2,215,016
1,725,502
Creditors: amounts falling due within one year
6
(8,356,713)
(8,146,882)
Net current liabilities
(6,141,697)
(6,421,380)
Total assets less current liabilities
7,964,444
7,351,769
Provisions for liabilities
Deferred tax
(949,100)
(949,100)
Net assets
7,015,344
6,402,669
Capital and reserves
Called up share capital
1
1
Revaluation reserve
3,950,000
3,950,000
Profit and loss account
3,065,343
2,452,668
Shareholders' funds
7,015,344
6,402,669
For the year ending 28 November 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 May 2026 and were signed on its behalf by
Thomas David Somogyi Director Company Registration No. 06010820
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GEOSOM PROPERTY INVESTMENTS LIMITED Notes to the Accounts for the year ended 28 November 2025
1
Statutory information
GEOSOM PROPERTY INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06010820. The registered office is 10 BROADFIELD WAY, BUCKHURST HILL, ESSEX, IG9 5AG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2025
£
Fair value at 29 November 2024
13,773,149
Additions
332,992
At 28 November 2025
14,106,141
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
21,514
12,711
Amounts due from group undertakings etc.
1,236,966
1,647,277
Other debtors
239,000
-
1,497,480
1,659,988
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GEOSOM PROPERTY INVESTMENTS LIMITED Notes to the Accounts for the year ended 28 November 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
35,520
35,181
Amounts owed to group undertakings and other participating interests
7,730,851
7,442,556
Taxes and social security
71,362
162,371
Other creditors
56,338
44,132
Loans from directors
462,642
462,642
8,356,713
8,146,882
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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