1 May 2022 false No description of principal activity Taxfiler 2023.10 11925198business:PrivateLimitedCompanyLtd2022-05-012023-04-30 119251982022-04-30 119251982022-05-012023-04-30 11925198business:AuditExemptWithAccountantsReport2022-05-012023-04-30 11925198business:FilletedAccounts2022-05-012023-04-30 119251982023-04-30 11925198business:Director12022-05-012023-04-30 11925198business:Director22022-05-012023-04-30 11925198business:RegisteredOffice2022-05-012023-04-30 119251982022-04-30 11925198core:WithinOneYear2023-04-30 11925198core:WithinOneYear2022-04-30 11925198core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 11925198core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 11925198core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 11925198core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 11925198core:PreviouslyStatedAmount2023-04-30 11925198core:PreviouslyStatedAmount2022-04-30 11925198business:SmallEntities2022-05-012023-04-30 11925198countries:EnglandWales2022-05-012023-04-30 11925198core:LandBuildings2022-05-012023-04-30 11925198core:PlantMachinery2022-05-012023-04-30 11925198core:FurnitureFittings2022-05-012023-04-30 11925198core:Goodwill2022-04-30 11925198core:Goodwill2023-04-30 11925198core:Goodwill2022-05-012023-04-30 11925198core:LandBuildings2022-04-30 11925198core:PlantMachinery2022-04-30 11925198core:FurnitureFittings2022-04-30 11925198core:LandBuildings2023-04-30 11925198core:PlantMachinery2023-04-30 11925198core:FurnitureFittings2023-04-30 11925198business:OrdinaryShareClass12022-05-012023-04-30 11925198business:OrdinaryShareClass12021-05-012022-04-30 11925198business:OrdinaryShareClass22022-05-012023-04-30 11925198business:OrdinaryShareClass22021-05-012022-04-30 11925198business:AllOrdinaryShares2022-05-012023-04-30 11925198business:AllOrdinaryShares2021-05-012022-04-30 119251982021-05-012022-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11925198 (England and Wales)
GOLDEN FRIARS KB LIMITED Unaudited accounts for the year ended 30 April 2023
GOLDEN FRIARS KB LIMITED Unaudited accounts Contents
Page
- 2 -
GOLDEN FRIARS KB LIMITED Company Information for the year ended 30 April 2023
Directors
Mr B Karabulut Mr K Karabulut
Company Number
11925198 (England and Wales)
Registered Office
15 The Renown Shoeburyness Southend-On-Sea Essex SS3 9UU United Kingdom
Accountants
DNG Associates 214 Baker Street Enfield London EN1 3JT
- 3 -
GOLDEN FRIARS KB LIMITED Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
48,000 
54,000 
Tangible assets
15,698 
15,095 
63,698 
69,095 
Current assets
Inventories
8,500 
7,500 
Cash at bank and in hand
5,256 
1,977 
13,756 
9,477 
Creditors: amounts falling due within one year
(73,127)
(70,581)
Net current liabilities
(59,371)
(61,104)
Net assets
4,327 
7,991 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,227 
7,891 
Shareholders' funds
4,327 
7,991 
For the year ending 30 April 2023 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by
Mr K Karabulut Director Company Registration No. 11925198
- 4 -
GOLDEN FRIARS KB LIMITED Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
GOLDEN FRIARS KB LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11925198. The registered office is 15 The Renown, Shoeburyness, Southend-On-Sea, Essex, SS3 9UU, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10 years - straight line basis
Plant & machinery
18% - reducing balance method
Fixtures & fittings
18% - reducing balance method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
- 5 -
GOLDEN FRIARS KB LIMITED Notes to the Accounts for the year ended 30 April 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2022
60,000 
At 30 April 2023
60,000 
Amortisation
At 1 May 2022
6,000 
Charge for the year
6,000 
At 30 April 2023
12,000 
Net book value
At 30 April 2023
48,000 
At 30 April 2022
54,000 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2022
8,542 
7,083 
3,750 
19,375 
Additions
375 
- 
2,992 
3,367 
At 30 April 2023
8,917 
7,083 
6,742 
22,742 
Depreciation
At 1 May 2022
854 
2,530 
896 
4,280 
Charge for the year
892 
820 
1,052 
2,764 
At 30 April 2023
1,746 
3,350 
1,948 
7,044 
Net book value
At 30 April 2023
7,171 
3,733 
4,794 
15,698 
At 30 April 2022
7,688 
4,553 
2,854 
15,095 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,019 
2,509 
Trade creditors
2,139 
996 
Taxes and social security
1,217 
2,033 
Other creditors
63,960 
63,960 
Loans from directors
442 
1,083 
Accruals
350 
- 
73,127 
70,581 
- 6 -
GOLDEN FRIARS KB LIMITED Notes to the Accounts for the year ended 30 April 2023
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
50 A Ordinary shares of £1 each
50 
50 
50 B Ordinary shares of £1 each
50 
50 
100 
100 
8
Transactions with related parties
Included within other creditors is an amount of £442 (2022: £1,083) due to its directors. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 3 (2022: 4).
- 7 -