Geoff Homer Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05404227 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2019

for

Geoff Homer Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Philip Homer

Mrs Susan Homer

REGISTERED OFFICE:

2 Morello Close

St Helens

Merseyside

WA102NF

REGISTERED NUMBER:

05404227 (England and Wales)

ACCOUNTANTS:

LJS Accounting Services (UK) Ltd

Unit 5, 1st Floor

Connect Business Village

24 Derby Road

Liverpool

Merseyside

L5 9PR

FIXED ASSETS

Tangible assets

4

572

715

Investments

5

45,918

20,499

46,490

21,214

CURRENT ASSETS

Work in Progress

8,000

8,800

Debtors

6

198

-

Cash at bank

17,971

33,658

26,169

42,458

CREDITORS

Amounts falling due within one year

7

68,428

56,259

NET CURRENT LIABILITIES

(42,259

)

(13,801

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,231

7,413

PROVISIONS FOR LIABILITIES

109

-

NET ASSETS

4,122

7,413

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

4,022

7,313

SHAREHOLDERS' FUNDS

4,122

7,413

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 November 2019 and were signed on its behalf by:

Mr Philip Homer - Director

1.	STATUTORY INFORMATION

Geoff Homer Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing work in progress to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 6 April 2018

and 5 April 2019

6,208

DEPRECIATION

At 6 April 2018

5,493

Charge for year

143

At 5 April 2019

5,636

NET BOOK VALUE

At 5 April 2019

572

At 5 April 2018

715

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 6 April 2018

20,499

Additions

25,419

At 5 April 2019

45,918

NET BOOK VALUE

At 5 April 2019

45,918

At 5 April 2018

20,499

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.19

5.4.18

£

£

Other debtors

198

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.19

5.4.18

£

£

Taxation and social security

2,806

4,721

Other creditors

65,622

51,538

68,428

56,259

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.19

5.4.18

value:

£

£

100

Ordinary

£1

100

100