Company Registration No. 04924658 (England and Wales)
Reid Geophysics Limited
Unaudited accounts
for the year ended 30 September 2025
Reid Geophysics Limited
Unaudited accounts
Contents
Reid Geophysics Limited
Company Information
for the year ended 30 September 2025
Directors
Mr CT Archer
Dr AB Reid
Company Number
04924658 (England and Wales)
Registered Office
95 Seaside Road
Eastbourne
East Sussex
BN21 3PL
Accountants
Maiden Accountancy Services
Suite 4 Compass House
45 Gildredge Road
Eastbourne
East Sussex
BN21 4RY
Reid Geophysics Limited
Statement of financial position
as at 30 September 2025
Creditors: amounts falling due within one year
(67,593)
(60,187)
Net current assets
914
921
Called up share capital
20
20
Profit and loss account
894
901
Shareholders' funds
914
921
For the year ending 30 September 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 28 April 2026 and were signed on its behalf by
Mr CT Archer
Director
Company Registration No. 04924658
Reid Geophysics Limited
Notes to the Accounts
for the year ended 30 September 2025
Reid Geophysics Limited is a private company, limited by shares, registered in England and Wales, registration number 04924658. The registered office is 95 Seaside Road, Eastbourne, East Sussex, BN21 3PL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
straight line over 3 years
4
Tangible fixed assets
Computer equipment
At 30 September 2025
3,690
At 30 September 2025
3,690
Reid Geophysics Limited
Notes to the Accounts
for the year ended 30 September 2025
Amounts falling due within one year
Trade debtors
31,154
24,025
Other debtors
37,353
37,083
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
26,634
25,153
Taxes and social security
31,496
27,540
Loans from directors
7,089
5,162
7
Average number of employees
During the year the average number of employees was 2 (2024: 1).