2022-07-012023-06-302023-06-30false13585473GOOD PAIR DAYS LTD2023-11-0847250iso4217:GBPxbrli:pure135854732022-07-01135854732023-06-30135854732022-07-012023-06-30135854732021-08-25135854732022-06-30135854732021-08-252022-06-3013585473bus:SmallEntities2022-07-012023-06-3013585473bus:AuditExempt-NoAccountantsReport2022-07-012023-06-3013585473bus:FullAccounts2022-07-012023-06-3013585473bus:PrivateLimitedCompanyLtd2022-07-012023-06-3013585473core:WithinOneYear2023-06-3013585473core:AfterOneYear2023-06-3013585473core:WithinOneYear2022-06-3013585473core:AfterOneYear2022-06-3013585473core:ShareCapital2023-06-3013585473core:SharePremium2023-06-3013585473core:RevaluationReserve2023-06-3013585473core:OtherReservesSubtotal2023-06-3013585473core:RetainedEarningsAccumulatedLosses2023-06-3013585473core:ShareCapital2022-06-3013585473core:SharePremium2022-06-3013585473core:RevaluationReserve2022-06-3013585473core:OtherReservesSubtotal2022-06-3013585473core:RetainedEarningsAccumulatedLosses2022-06-3013585473core:LandBuildings2023-06-3013585473core:PlantMachinery2023-06-3013585473core:Vehicles2023-06-3013585473core:FurnitureFittings2023-06-3013585473core:OfficeEquipment2023-06-3013585473core:NetGoodwill2023-06-3013585473core:IntangibleAssetsOtherThanGoodwill2023-06-3013585473core:ListedExchangeTraded2023-06-3013585473core:UnlistedNon-exchangeTraded2023-06-3013585473core:LandBuildings2022-06-3013585473core:PlantMachinery2022-06-3013585473core:Vehicles2022-06-3013585473core:FurnitureFittings2022-06-3013585473core:OfficeEquipment2022-06-3013585473core:NetGoodwill2022-06-3013585473core:IntangibleAssetsOtherThanGoodwill2022-06-3013585473core:ListedExchangeTraded2022-06-3013585473core:UnlistedNon-exchangeTraded2022-06-3013585473core:LandBuildings2022-07-012023-06-3013585473core:PlantMachinery2022-07-012023-06-3013585473core:Vehicles2022-07-012023-06-3013585473core:FurnitureFittings2022-07-012023-06-3013585473core:OfficeEquipment2022-07-012023-06-3013585473core:NetGoodwill2022-07-012023-06-3013585473core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3013585473core:ListedExchangeTraded2022-07-012023-06-3013585473core:UnlistedNon-exchangeTraded2022-07-012023-06-3013585473core:MoreThanFiveYears2022-07-012023-06-3013585473core:Non-currentFinancialInstruments2023-06-3013585473core:Non-currentFinancialInstruments2022-06-3013585473dpl:CostSales2022-07-012023-06-3013585473dpl:DistributionCosts2022-07-012023-06-3013585473core:LandBuildings2022-07-012023-06-3013585473core:PlantMachinery2022-07-012023-06-3013585473core:Vehicles2022-07-012023-06-3013585473core:FurnitureFittings2022-07-012023-06-3013585473core:OfficeEquipment2022-07-012023-06-3013585473dpl:AdministrativeExpenses2022-07-012023-06-3013585473core:NetGoodwill2022-07-012023-06-3013585473core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3013585473dpl:GroupUndertakings2022-07-012023-06-3013585473dpl:ParticipatingInterests2022-07-012023-06-3013585473dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3013585473core:ListedExchangeTraded2022-07-012023-06-3013585473dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3013585473core:UnlistedNon-exchangeTraded2022-07-012023-06-3013585473dpl:CostSales2021-08-252022-06-3013585473dpl:DistributionCosts2021-08-252022-06-3013585473core:LandBuildings2021-08-252022-06-3013585473core:PlantMachinery2021-08-252022-06-3013585473core:Vehicles2021-08-252022-06-3013585473core:FurnitureFittings2021-08-252022-06-3013585473core:OfficeEquipment2021-08-252022-06-3013585473dpl:AdministrativeExpenses2021-08-252022-06-3013585473core:NetGoodwill2021-08-252022-06-3013585473core:IntangibleAssetsOtherThanGoodwill2021-08-252022-06-3013585473dpl:GroupUndertakings2021-08-252022-06-3013585473dpl:ParticipatingInterests2021-08-252022-06-3013585473dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-252022-06-3013585473core:ListedExchangeTraded2021-08-252022-06-3013585473dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-252022-06-3013585473core:UnlistedNon-exchangeTraded2021-08-252022-06-3013585473core:NetGoodwill2023-06-3013585473core:IntangibleAssetsOtherThanGoodwill2023-06-3013585473core:LandBuildings2023-06-3013585473core:PlantMachinery2023-06-3013585473core:Vehicles2023-06-3013585473core:FurnitureFittings2023-06-3013585473core:OfficeEquipment2023-06-3013585473core:AfterOneYear2023-06-3013585473core:WithinOneYear2023-06-3013585473core:ListedExchangeTraded2023-06-3013585473core:UnlistedNon-exchangeTraded2023-06-3013585473core:ShareCapital2023-06-3013585473core:SharePremium2023-06-3013585473core:RevaluationReserve2023-06-3013585473core:OtherReservesSubtotal2023-06-3013585473core:RetainedEarningsAccumulatedLosses2023-06-3013585473core:NetGoodwill2022-06-3013585473core:IntangibleAssetsOtherThanGoodwill2022-06-3013585473core:LandBuildings2022-06-3013585473core:PlantMachinery2022-06-3013585473core:Vehicles2022-06-3013585473core:FurnitureFittings2022-06-3013585473core:OfficeEquipment2022-06-3013585473core:AfterOneYear2022-06-3013585473core:WithinOneYear2022-06-3013585473core:ListedExc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GOOD PAIR DAYS LTD

Registered Number
13585473
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2023

GOOD PAIR DAYS LTD
Company Information
for the year from 1 July 2022 to 30 June 2023

Director

WALENKAMP, Thomas Kluuk

Registered Address

49 Greek Street
London
W1D 4EG

Registered Number

13585473 (England and Wales)
GOOD PAIR DAYS LTD
Balance Sheet as at
30 June 2023

Notes

2023

2022

£

£

£

£

Current assets
Stocks61,056,796582,410
Debtors7593,572170,138
Cash at bank and on hand414,163131,689
2,064,531884,237
Creditors amounts falling due within one year8(2,651,092)(1,375,850)
Net current assets (liabilities)(586,561)(491,613)
Total assets less current liabilities(586,561)(491,613)
Creditors amounts falling due after one year9(1,279,021)(546,808)
Accruals and deferred income(31,100)-
Net assets(1,896,682)(1,038,421)
Capital and reserves
Called up share capital100-
Profit and loss account(1,896,782)(1,038,421)
Shareholders' funds(1,896,682)(1,038,421)
The financial statements were approved and authorised for issue by the Director on 8 November 2023, and are signed on its behalf by:
WALENKAMP, Thomas Kluuk
Director
Registered Company No. 13585473
GOOD PAIR DAYS LTD
Notes to the Financial Statements
for the year ended 30 June 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.First time adoption and other factors relevant to transition
The directors have taken the decision to adopt and report under FRS102 Section 1A. This is to enable users to gain a more comprehensive understanding of the business and its operations. No financial adjustments were required for prior years under the change.
4.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Stocks policy
Stocks are held at cost value using the First In First Out (FIFO) method. The costs of purchase of inventories comprise of the purchase price, import duties and other taxes (other than those subsequently recoverable by the entity from the taxing authorities), and transport, handling and other costs directly attributable to the acquisition of finished goods.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
Going concern
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
5.Employee information

20232022
Average number of employees during the year22
6.Stocks

2023

2022

££
Raw materials and consumables101,44745,381
Finished goods314,101137,749
Other stocks641,248399,280
Total1,056,796582,410
7.Debtors

2023

2022

££
Trade debtors / trade receivables322,948101,962
Other debtors270,62468,176
Total593,572170,138
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables2,271,4751,369,787
Taxation and social security378,8845,696
Other creditors733367
Total2,651,0921,375,850
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors after one year

2023

2022

££
Amounts owed to related parties1,279,021546,808
Total1,279,021546,808