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Company Registration No. 00197262 (England and Wales)
W. Goddard & Company Limited Unaudited accounts for the year ended 30 April 2023
W. Goddard & Company Limited Unaudited accounts Contents
Page
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W. Goddard & Company Limited Company Information for the year ended 30 April 2023
Directors
R C O Harris G A O Harris
Secretary
R C O Harris
Company Number
00197262 (England and Wales)
Registered Office
2 Appletree Close Redlynch Salisbury Wiltshire SP5 2JG
Accountants
Forest Edge Accountancy 2 Appletree Close Redlynch Salisbury Wiltshire SP5 2JG
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W. Goddard & Company Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
1,215,000 
1,215,000 
Investments
46,945 
47,056 
1,261,945 
1,262,056 
Current assets
Debtors
3,776 
3,278 
Cash at bank and in hand
99,027 
72,964 
102,803 
76,242 
Creditors: amounts falling due within one year
(29,483)
(18,940)
Net current assets
73,320 
57,302 
Total assets less current liabilities
1,335,265 
1,319,358 
Provisions for liabilities
Deferred tax
(61,700)
(66,512)
Other provisions
(42,486)
(42,486)
(104,186)
(108,998)
Net assets
1,231,079 
1,210,360 
Capital and reserves
Called up share capital
155,000 
155,000 
Profit and loss account
1,076,079 
1,055,360 
Shareholders' funds
1,231,079 
1,210,360 
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 9 November 2023 and were signed on its behalf by
R C O Harris Director Company Registration No. 00197262
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W. Goddard & Company Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
W. Goddard & Company Limited is a private company, limited by shares, registered in England and Wales, registration number 00197262. The registered office is 2 Appletree Close, Redlynch, Salisbury, Wiltshire, SP5 2JG.
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.
Investment property
Investment property is included at market fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific assets. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investments
Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2023 
£ 
Fair value at 1 May 2022
1,215,000 
At 30 April 2023
1,215,000 
The 2022 valuations were made by the directors, on an open market value for existing use basis.
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W. Goddard & Company Limited Notes to the Accounts for the year ended 30 April 2023
5
Investments
Other investments 
£ 
Valuation at 1 May 2022
47,056 
Fair value adjustments
(111)
Valuation at 30 April 2023
46,945 
The historic cost of listed investments was £39,625.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
3,776 
3,278 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
12,389 
18,291 
Other creditors
894 
649 
Deferred income
16,200 
- 
29,483 
18,940 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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