Geo-Environmental Recruitment Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08324979 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

GEO-ENVIRONMENTAL RECRUITMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R D Cox

R Alcock

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

1,763

1,020

CURRENT ASSETS

Debtors

6

891,260

888,248

Cash at bank

397,535

646,714

1,288,795

1,534,962

CREDITORS

Amounts falling due within one year

7

618,406

818,378

NET CURRENT ASSETS

670,389

716,584

TOTAL ASSETS LESS CURRENT LIABILITIES

672,152

717,604

PROVISIONS FOR LIABILITIES

415

194

NET ASSETS

671,737

717,410

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

671,637

717,310

SHAREHOLDERS' FUNDS

671,737

717,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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 9th May 2024 and were signed on its behalf by:

R D Cox - 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st January 2023

675

5,180

5,855

Additions

-

1,391

1,391

At 31st December 2023

675

6,571

7,246

DEPRECIATION

At 1st January 2023

675

4,160

4,835

Charge for year

-

648

648

At 31st December 2023

675

4,808

5,483

NET BOOK VALUE

At 31st December 2023

-

1,763

1,763

At 31st December 2022

-

1,020

1,020

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

754,338

663,590

Amounts recoverable on contracts

122,722

222,032

Other debtors

10,611

-

Prepayments

3,589

2,626

891,260

888,248

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

200,718

264,094

Taxation and social security

261,362

337,809

Other creditors

156,326

216,475

618,406

818,378

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.