IRIS Accounts Production v23.3.0.418 12521191 Board of Directors Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh125211912022-03-31125211912023-03-31125211912022-04-012023-03-31125211912021-03-31125211912021-04-012022-03-31125211912022-03-3112521191ns10:Originalns15:EnglandWales2022-04-012023-03-3112521191ns14:PoundSterlingns10:Original2022-04-012023-03-3112521191ns10:Originalns10:Director12022-04-012023-03-3112521191ns10:Original2022-04-012023-03-3112521191ns10:Originalns10:Director22022-04-012023-03-3112521191ns10:Originalns10:Director32022-04-012023-03-3112521191ns10:Original2023-03-3112521191ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3112521191ns10:Originalns10:SmallEntities2022-04-012023-03-3112521191ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3112521191ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3112521191ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3112521191ns10:Originalns10:FullAccounts2022-04-012023-03-3112521191ns10:Originalns10:RegisteredOffice2022-04-012023-03-3112521191ns10:Original2022-03-3112521191ns10:Originalns5:CurrentFinancialInstruments2023-03-3112521191ns10:Originalns5:CurrentFinancialInstruments2022-03-3112521191ns5:ShareCapitalns10:Original2023-03-3112521191ns5:ShareCapitalns10:Original2022-03-3112521191ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3112521191ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3112521191ns10:Original2021-04-012022-03-3112521191ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3112521191ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 12521191 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

GOODRIGHT PROPERTY LTD

GOODRIGHT PROPERTY LTD (REGISTERED NUMBER: 12521191)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GOODRIGHT PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: Mrs L L Goodright
Mr J W Goodright
Mr D E Starkey





REGISTERED OFFICE: Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN





REGISTERED NUMBER: 12521191 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

GOODRIGHT PROPERTY LTD (REGISTERED NUMBER: 12521191)

BALANCE SHEET
31ST MARCH 2023

31.3.23 31.3.22
Notes £ £
CURRENT ASSETS
Stocks 214,935 742,806
Cash at bank 229,592 480,798
444,527 1,223,604
CREDITORS
Amounts falling due within one year 4 313,393 1,090,946
NET CURRENT ASSETS 131,134 132,658
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,134

132,658

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5 131,034 132,558
131,134 132,658

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 2nd November 2023 and were signed on its behalf by:




Mr J W Goodright - Director Mrs L L Goodright - Director




Mr D E Starkey - Director


GOODRIGHT PROPERTY LTD (REGISTERED NUMBER: 12521191)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Goodright Property Ltd 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.

Stocks
Long-term contract balances (work in progress) is recognised at cost and includes all direct costs relating to the individual construction contracts in progress at the balance sheet date, less the appropriate proportion of costs matched against turnover (as cost of sales) recognised in the period as contracts progress.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Trade creditors 900 900
Tax 9,278 34,143
Social security and other taxes 1,915 969
Directors' current accounts 300,299 1,054,034
Accrued expenses 1,001 900
313,393 1,090,946

5. RESERVES
Retained
earnings
£

At 1st April 2022 132,558
Profit for the year 39,476
Dividends (41,000 )
At 31st March 2023 131,034