Geo-Environmental Recruitment Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08324979 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2019

FOR

GEO-ENVIRONMENTAL RECRUITMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R D Cox

R Alcock

C Girdlestone

REGISTERED OFFICE:

Woodbine Farm Business Centre

Truro Business Park

TRURO

Cornwall

TR3 6BW

REGISTERED NUMBER:

08324979 (England and Wales)

ACCOUNTANTS:

Lang Bennetts

The Old Carriage Works

Moresk Road

TRURO

Cornwall

TR1 1DG

FIXED ASSETS

Tangible assets

5

505

358

CURRENT ASSETS

Debtors

6

305,165

380,252

Cash at bank

288,059

236,133

593,224

616,385

CREDITORS

Amounts falling due within one year

7

304,495

383,665

NET CURRENT ASSETS

288,729

232,720

TOTAL ASSETS LESS CURRENT LIABILITIES

289,234

233,078

PROVISIONS FOR LIABILITIES

96

68

NET ASSETS

289,138

233,010

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

289,038

232,910

SHAREHOLDERS' FUNDS

289,138

233,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 and authorised for issue on 11th May 2020 and were signed on its behalf by:

R Alcock - Director

1.	STATUTORY INFORMATION

Geo-Environmental Recruitment 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Plant and machinery etc

-

20% on cost

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2018 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st January 2019

675

3,330

4,005

Additions

-

377

377

At 31st December 2019

675

3,707

4,382

DEPRECIATION

At 1st January 2019

621

3,026

3,647

Charge for year

27

203

230

At 31st December 2019

648

3,229

3,877

NET BOOK VALUE

At 31st December 2019

27

478

505

At 31st December 2018

54

304

358

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

264,478

346,871

Amounts recoverable on contracts

33,776

27,789

Prepayments

6,911

5,592

305,165

380,252

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

90,307

117,659

Tax

29,217

39,157

Social security and other taxes

3,329

171

VAT

75,932

28,320

Other creditors

10,710

-

Directors' current accounts

75,825

71,077

Accrued expenses

19,175

127,281

304,495

383,665

8.

CONTROL

The company was controlled throughout the current and previous period by it's directors, Mr R D Cox and Mr R

Alcock, who between them own 100% of the issued share capital of the company.