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Registered number: 05941960
Geosky Services Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
Stack & Jones Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05941960
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 424,973 702,307
424,973 702,307
CURRENT ASSETS
Stocks 5 410,876 357,313
Debtors 6 39,987 1,908
Cash at bank and in hand 704,798 514,370
1,155,661 873,591
Creditors: Amounts Falling Due Within One Year 7 (99,196 ) (89,638 )
NET CURRENT ASSETS (LIABILITIES) 1,056,465 783,953
TOTAL ASSETS LESS CURRENT LIABILITIES 1,481,438 1,486,260
Creditors: Amounts Falling Due After More Than One Year 8 (62,853 ) (96,042 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (88,714 ) (175,577 )
NET ASSETS 1,329,871 1,214,641
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 1,329,870 1,214,640
SHAREHOLDERS' FUNDS 1,329,871 1,214,641
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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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alex Mennem
Director
23/06/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Geosky Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05941960 . The registered office is Ivy Cottage, London Road, Little Kingshill, Great Missenden, Buckinghamshire, HP16 0DG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No Depreciation
Plant & Machinery 20% Reducing Balance Method
Motor Vehicles 25% Reducing Balance Method
Computer Equipment 33% Reducing Balance Method
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of development and other costs incurred in bringing the stock to their present location and condition.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2024 314,411 986,518 142,606 3,048 1,446,583
Additions - 103,000 17,828 - 120,828
Disposals (314,411 ) (3,250 ) - - (317,661 )
As at 30 September 2025 - 1,086,268 160,434 3,048 1,249,750
Depreciation
As at 1 October 2024 - 633,644 107,627 3,005 744,276
Provided during the period - 72,654 10,231 14 82,899
Disposals - (2,398 ) - - (2,398 )
As at 30 September 2025 - 703,900 117,858 3,019 824,777
Net Book Value
As at 30 September 2025 - 382,368 42,576 29 424,973
As at 1 October 2024 314,411 352,874 34,979 43 702,307
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5. Stocks
2025 2024
£ £
Stock 37,890 -
Work in progress 372,986 357,313
410,876 357,313
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 14,108 1,908
VAT 25,879 -
39,987 1,908
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 30,182 31,250
Trade creditors 14,401 5,287
Bank loans and overdrafts 7,500 10,000
Corporation tax 5,315 16,469
Other taxes and social security 1,994 838
VAT - 5,239
Other creditors - 264
Accruals and deferred income 3,047 2,354
Director's loan account 36,757 17,937
99,196 89,638
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 62,853 88,542
Bank loans - 7,500
62,853 96,042
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 30,182 31,250
Later than one year and not later than five years 62,853 88,542
93,035 119,792
93,035 119,792
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10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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