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 2020

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

894

572

Investments

5

45,918

45,918

46,812

46,490

CURRENT ASSETS

Work in Progress

-

8,000

Debtors

6

4,698

198

Cash at bank

5,308

17,971

10,006

26,169

CREDITORS

Amounts falling due within one year

7

56,651

68,428

NET CURRENT LIABILITIES

(46,645

)

(42,259

)

TOTAL ASSETS LESS CURRENT LIABILITIES

167

4,231

PROVISIONS FOR LIABILITIES

-

109

NET ASSETS

167

4,122

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

67

4,022

SHAREHOLDERS' FUNDS

167

4,122

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2020 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 17 June 2020 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 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 6 April 2019

6,208

Additions

485

At 5 April 2020

6,693

DEPRECIATION

At 6 April 2019

5,636

Charge for year

163

At 5 April 2020

5,799

NET BOOK VALUE

At 5 April 2020

894

At 5 April 2019

572

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 6 April 2019

and 5 April 2020

45,918

NET BOOK VALUE

At 5 April 2020

45,918

At 5 April 2019

45,918

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.20

5.4.19

£

£

Trade debtors

4,081

-

Other debtors

617

198

4,698

198

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.20

5.4.19

£

£

Taxation and social security

294

2,806

Other creditors

56,357

65,622

56,651

68,428

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.20

5.4.19

value:

£

£

100

Ordinary

£1

100

100