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REGISTERED NUMBER: 01692723 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

GOLDENQUOTE LIMITED

GOLDENQUOTE LIMITED (REGISTERED NUMBER: 01692723)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


GOLDENQUOTE LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2018







DIRECTORS: Mrs K R Hallmark
Miss S M Hallmark





SECRETARY: Miss S M Hallmark





REGISTERED OFFICE: 3 Mellor Road
Cheadle Hulme
Cheadle
Cheshire
SK8 5AT





REGISTERED NUMBER: 01692723 (England and Wales)





ACCOUNTANTS: Moss & Williamson Limited
Chartered Accountants
3 Mellor Road
Cheadle Hulme
Cheadle
Cheshire
SK8 5AT

GOLDENQUOTE LIMITED (REGISTERED NUMBER: 01692723)

ABRIDGED BALANCE SHEET
31 March 2018

2018 2017
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,374,488 1,375,951

CURRENT ASSETS
Stocks 500 500
Debtors 8,210 7,522
Cash at bank and in hand 27,924 32,730
36,634 40,752
CREDITORS
Amounts falling due within one year (334,540 ) (349,176 )
NET CURRENT LIABILITIES (297,906 ) (308,424 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,076,582

1,067,527

PROVISIONS FOR LIABILITIES (90,131 ) (77,298 )
NET ASSETS 986,451 990,229

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 6 1,060,591 1,072,083
Retained earnings (74,240 ) (81,954 )
SHAREHOLDERS' FUNDS 986,451 990,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

GOLDENQUOTE LIMITED (REGISTERED NUMBER: 01692723)

ABRIDGED BALANCE SHEET - continued
31 March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 October 2018 and were signed on its
behalf by:





Miss S M Hallmark - Director


GOLDENQUOTE LIMITED (REGISTERED NUMBER: 01692723)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Goldenquote 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

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

The accounts have been prepared on a going concern basis in the knowledge that the directors have
pledged their continued financial support to the company.

Turnover
Turnover represents the amount derived from the provision of goods and services falling within the
company's activities after deduction of trade discounts and value added tax.


Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on valuation
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

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.

GOLDENQUOTE LIMITED (REGISTERED NUMBER: 01692723)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 April 2017 1,471,984
Additions 10,173
At 31 March 2018 1,482,157
DEPRECIATION
At 1 April 2017 96,033
Charge for year 11,636
At 31 March 2018 107,669
NET BOOK VALUE
At 31 March 2018 1,374,488
At 31 March 2017 1,375,951

Included in cost or valuation of land and buildings is freehold land of £ 1,000,000 (2017 - £ 1,000,000 )
which is not depreciated.

Cost or valuation at 31 March 2018 is represented by:

Totals
£   
Valuation in 1992 54,397
Valuation in 2001 352,187
Valuation in 2010 703,614
Cost 371,959
1,482,157

If Freehold Property had not been revalued it would have been included at the following historical cost:

2018 2017
£    £   
Cost 308,484 308,484
Aggregate depreciation 47,090 47,090

Value of land in freehold land and buildings 200,079 200,079

Freehold Property was valued on an open market basis on 14 January 2010 by Charles F Jones & Son
.

This value has been adopted as deemed cost of the assets concerned on transition to FRS 102.

GOLDENQUOTE LIMITED (REGISTERED NUMBER: 01692723)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2018

5. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Other creditors 150,000 150,000

The bank overdraft is secured against the property.
Other creditors are secured by a second legal mortgage over the company's freehold land and
buildings.

6. RESERVES
Revaluation
reserve
£   
At 1 April 2017 1,072,083
Deferred tax provision (11,492 )

At 31 March 2018 1,060,591