Company Registration No. 08320561 (England and Wales)
GEO CONSULTANTS LIMITED
Unaudited accounts
for the year ended 31 December 2016
GEO CONSULTANTS LIMITED
Unaudited accounts
Contents
GEO CONSULTANTS LIMITED
Company Information
for the year ended 31 December 2016
Company Number
08320561 (England and Wales)
Registered Office
Heron House Imperial Offices
Heigham
London
E6 2JG
United Kingdom
Accountants
SALIM AHMED
68 BROCKMER HOUSE
CROWDER STREET
LONDON
E1 0BJ
GEO CONSULTANTS LIMITED
Accountants' report
Accountants' report to the director of GEO CONSULTANTS LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 December 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
GEO CONSULTANTS LIMITED for the year ended
31 December 2016 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of GEO CONSULTANTS LIMITED, as a body, in accordance with the terms of our engagement letter dated 20 September 2017. Our work has been undertaken solely to prepare for your approval the accounts of GEO CONSULTANTS LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GEO CONSULTANTS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GEO CONSULTANTS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GEO CONSULTANTS LIMITED. You consider that GEO CONSULTANTS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of GEO CONSULTANTS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SALIM AHMED
68 BROCKMER HOUSE
CROWDER STREET
LONDON
E1 0BJ
30 September 2017
GEO CONSULTANTS LIMITED
Statement of financial position
as at
31 December 2016
Tangible assets
2,148
2,522
Cash at bank and in hand
2,587
486
Creditors: amounts falling due within one year
(2,369)
-
Net current assets
218
1,737
Total assets less current liabilities
2,366
4,259
Creditors: amounts falling due after more than one year
(15,006)
(13,900)
Net liabilities
(12,640)
(9,641)
Called up share capital
15,900
15,900
Profit and loss account
(28,540)
(25,541)
Shareholders' funds
(12,640)
(9,641)
For the year ending 31 December 2016 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.
Approved by the Board on 30 September 2017.
Ishtiaq Ahmed
Director
Company Registration No. 08320561
GEO CONSULTANTS LIMITED
Notes to the Accounts
for the year ended 31 December 2016
GEO CONSULTANTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08320561. The registered office and principal place of business is Heron House Imperial Offices, Heigham, London, E6 2JG, United Kingdom.
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.
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
GEO CONSULTANTS LIMITED
Notes to the Accounts
for the year ended 31 December 2016
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2016
1,601
1,512
3,113
At 31 December 2016
1,601
1,512
3,113
At 1 January 2016
304
287
591
Charge for the year
129
245
374
At 31 December 2016
433
532
965
At 31 December 2016
1,168
980
2,148
At 31 December 2015
1,297
1,225
2,522
6
Creditors: amounts falling due within one year
2016
2015
7
Creditors: amounts falling due after more than one year
2016
2015
Other creditors
15,006
13,900
8
Share capital
2016
2015
Allotted, called up and fully paid:
15,900 Ordinary shares of £1 each
15,900
15,900
9
Average number of employees
During the year the average number of employees was 0 (2015: 0).