29 August 2024 false No description of principal activity Taxfiler 2024.6 SC821067business:PrivateLimitedCompanyLtd2024-08-292025-08-31 SC8210672024-08-28 SC8210672024-08-292025-08-31 SC821067business:AuditExemptWithAccountantsReport2024-08-292025-08-31 SC821067business:FilletedAccounts2024-08-292025-08-31 SC8210672025-08-31 SC821067business:Director12024-08-292025-08-31 SC821067business:RegisteredOffice2024-08-292025-08-31 SC821067core:WithinOneYear2025-08-31 SC821067core:AfterOneYear2025-08-31 SC821067core:ShareCapitalcore:PreviouslyStatedAmount2025-08-31 SC821067core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-08-31 SC821067core:PreviouslyStatedAmount2025-08-31 SC821067business:SmallEntities2024-08-292025-08-31 SC821067countries:Scotland2024-08-292025-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC821067 (Scotland)
Geosav Property Limited Unaudited accounts for the period from 29 August 2024 to 31 August 2025
Geosav Property Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Geosav Property Limited Company Information for the period from 29 August 2024 to 31 August 2025
Director
George Savage
Company Number
SC821067 (Scotland)
Registered Office
11 Clochbar Avenue Milngavie Glasgow Lanarkshire G62 7JW Scotland
Accountants
SYKAM & Co Limited 19 Greek Thomson Road Balfron Glasgow G63 0RE
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Geosav Property Limited for the period from 29 August 2024 to 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Geosav Property Limited for the period from 29 August 2024 to 31 August 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
SYKAM & Co Limited Chartered Accountants 19 Greek Thomson Road Balfron Glasgow G63 0RE 28 August 2026
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Geosav Property Limited Statement of financial position as at 31 August 2025
2025 
Notes
£ 
Fixed assets
Investment property
4
192,279 
Current assets
Cash at bank and in hand
27,115 
Creditors: amounts falling due within one year
5
(132,549)
Net current liabilities
(105,434)
Total assets less current liabilities
86,845 
Creditors: amounts falling due after more than one year
6
(91,400)
Net liabilities
(4,555)
Capital and reserves
Called up share capital
1 
Profit and loss account
(4,556)
Shareholders' funds
(4,555)
For the period ending 31 August 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 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 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 and authorised for issue on 28 August 2026 and were signed on its behalf by
George Savage Director Company Registration No. SC821067
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Geosav Property Limited Notes to the Accounts for the period from 29 August 2024 to 31 August 2025
1
Statutory information
Geosav Property Limited is a private company, limited by shares, registered in Scotland, registration number SC821067. The registered office is 11 Clochbar Avenue, Milngavie, Glasgow, Lanarkshire, G62 7JW, Scotland.
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 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 
£ 
Additions
192,279 
At 31 August 2025
192,279 
5
Creditors: amounts falling due within one year
2025 
£ 
Bank loans and overdrafts
1,132 
Other creditors
100,000 
Loans from directors
30,117 
Accruals
1,300 
132,549 
6
Creditors: amounts falling due after more than one year
2025 
£ 
Bank loans
91,400 
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Geosav Property Limited Notes to the Accounts for the period from 29 August 2024 to 31 August 2025
7
Average number of employees
During the period the average number of employees was 0.
- 7 -