Silverfin false 30/04/2023 01/05/2022 30/04/2023 Mr Thomas Buckley-Smith 31/08/2022 Mr Ashley MacDonald 31/08/2022 Mr Christopher Reeve 06/06/2018 Mr Mark Thurston 31/08/2022 14 November 2023 The principal activity of the company during the financial year was that of accountancy, taxation and management services. 11400011 2023-04-30 11400011 bus:Director1 2023-04-30 11400011 bus:Director2 2023-04-30 11400011 bus:Director3 2023-04-30 11400011 bus:Director4 2023-04-30 11400011 2022-04-30 11400011 core:CurrentFinancialInstruments 2023-04-30 11400011 core:CurrentFinancialInstruments 2022-04-30 11400011 core:ShareCapital 2023-04-30 11400011 core:ShareCapital 2022-04-30 11400011 core:RetainedEarningsAccumulatedLosses 2023-04-30 11400011 core:RetainedEarningsAccumulatedLosses 2022-04-30 11400011 core:Goodwill 2022-04-30 11400011 core:Goodwill 2023-04-30 11400011 core:OtherPropertyPlantEquipment 2022-04-30 11400011 core:OtherPropertyPlantEquipment 2023-04-30 11400011 bus:OrdinaryShareClass1 2023-04-30 11400011 bus:OrdinaryShareClass2 2023-04-30 11400011 2022-05-01 2023-04-30 11400011 bus:FullAccounts 2022-05-01 2023-04-30 11400011 bus:SmallEntities 2022-05-01 2023-04-30 11400011 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 11400011 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11400011 bus:Director1 2022-05-01 2023-04-30 11400011 bus:Director2 2022-05-01 2023-04-30 11400011 bus:Director3 2022-05-01 2023-04-30 11400011 bus:Director4 2022-05-01 2023-04-30 11400011 core:OtherPropertyPlantEquipment 2022-05-01 2023-04-30 11400011 2021-05-01 2022-04-30 11400011 core:Goodwill 2022-05-01 2023-04-30 11400011 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 11400011 bus:OrdinaryShareClass1 2021-05-01 2022-04-30 11400011 bus:OrdinaryShareClass2 2022-05-01 2023-04-30 11400011 bus:OrdinaryShareClass2 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11400011 (England and Wales)

GASCOYNES (NORFOLK) LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2023
Pages for filing with the registrar

GASCOYNES (NORFOLK) LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2023

Contents

GASCOYNES (NORFOLK) LIMITED

COMPANY INFORMATION

For the financial year ended 30 April 2023
GASCOYNES (NORFOLK) LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 April 2023
DIRECTORS Mr Thomas Buckley-Smith
Mr Ashley MacDonald
Mr Christopher Reeve
Mr Mark Thurston
SECRETARY Mrs Deborah Reeve
REGISTERED OFFICE Gascoyne House Moseleys Farm Business Centre
Fornham All Saints
Bury St. Edmunds
IP28 6JY
England
United Kingdom
COMPANY NUMBER 11400011 (England and Wales)
CHARTERED ACCOUNTANTS Gascoynes
Gascoyne House
Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
Suffolk
IP28 6JY
GASCOYNES (NORFOLK) LIMITED

BALANCE SHEET

As at 30 April 2023
GASCOYNES (NORFOLK) LIMITED

BALANCE SHEET (continued)

As at 30 April 2023
Note 2023 2022
£ £
Fixed assets
Intangible assets 3 311,405 81,020
Tangible assets 4 22,672 25,885
334,077 106,905
Current assets
Debtors 5 50,547 51,267
Cash at bank and in hand 3,478 1,835
54,025 53,102
Creditors: amounts falling due within one year 6 ( 353,777) ( 25,730)
Net current (liabilities)/assets (299,752) 27,372
Total assets less current liabilities 34,325 134,277
Net assets 34,325 134,277
Capital and reserves
Called-up share capital 7 200 200
Profit and loss account 34,125 134,077
Total shareholder's funds 34,325 134,277

For the financial 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.

Directors' responsibilities:

The financial statements of Gascoynes (Norfolk) Limited (registered number: 11400011) were approved and authorised for issue by the Board of Directors on 14 November 2023. They were signed on its behalf by:

Mr Christopher Reeve
Director
GASCOYNES (NORFOLK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
GASCOYNES (NORFOLK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Gascoynes (Norfolk) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Gascoyne House Moseleys Farm Business Centre, Fornham All Saints, Bury St. Edmunds, IP28 6JY, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill not amortised
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 15 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 4 4

3. Intangible assets

Goodwill Total
£ £
Cost
At 01 May 2022 152,500 152,500
Additions 189,479 189,479
At 30 April 2023 341,979 341,979
Accumulated amortisation
At 01 May 2022 71,480 71,480
Charge for the financial year ( 40,906) ( 40,906)
At 30 April 2023 30,574 30,574
Net book value
At 30 April 2023 311,405 311,405
At 30 April 2022 81,020 81,020

4. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 May 2022 30,046 30,046
Additions 1,055 1,055
At 30 April 2023 31,101 31,101
Accumulated depreciation
At 01 May 2022 4,161 4,161
Charge for the financial year 4,268 4,268
At 30 April 2023 8,429 8,429
Net book value
At 30 April 2023 22,672 22,672
At 30 April 2022 25,885 25,885

5. Debtors

2023 2022
£ £
Trade debtors 15,187 17,331
Amounts owed by Group undertakings 23,551 11,873
Other debtors 11,809 22,063
50,547 51,267

6. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 6,984 12,823
Amounts owed to Group undertakings 250,000 0
Taxation and social security 6,274 11,256
Other creditors 90,519 1,651
353,777 25,730

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 A ordinary shares of £ 1.00 each 100 100
100 B ordinary shares of £ 1.00 each 100 100
200 200

8. Ultimate controlling party

Parent Company:

Gascoynes Holding Company Limited
Gascoynes House, Moseleys Farm Business Centre, Fornham All Saints, Suffolk, IP28 6JY