1 August 2022 false No description of principal activity Taxfiler 2023.10.1 12737911business:PrivateLimitedCompanyLtd2022-08-012023-07-31 127379112022-07-31 127379112022-08-012023-07-31 12737911business:AuditExemptWithAccountantsReport2022-08-012023-07-31 12737911business:FilletedAccounts2022-08-012023-07-31 127379112023-07-31 12737911business:Director12022-08-012023-07-31 12737911business:Director22022-08-012023-07-31 12737911business:RegisteredOffice2022-08-012023-07-31 127379112022-07-31 12737911core:WithinOneYear2023-07-31 12737911core:WithinOneYear2022-07-31 12737911core:AfterOneYear2023-07-31 12737911core:AfterOneYear2022-07-31 12737911core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 12737911core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 12737911core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 12737911core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 12737911core:PreviouslyStatedAmount2023-07-31 12737911core:PreviouslyStatedAmount2022-07-31 12737911business:SmallEntities2022-08-012023-07-31 12737911countries:EnglandWales2022-08-012023-07-31 12737911core:PlantMachinery2022-08-012023-07-31 12737911core:MotorVehicles2022-08-012023-07-31 12737911core:PlantMachinery2022-07-31 12737911core:MotorVehicles2022-07-31 12737911core:PlantMachinery2023-07-31 12737911core:MotorVehicles2023-07-31 127379112021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12737911 (England and Wales)
GOSFORTH GROUP LTD Unaudited accounts for the year ended 31 July 2023
GOSFORTH GROUP LTD Unaudited accounts Contents
Page
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GOSFORTH GROUP LTD Company Information for the year ended 31 July 2023
Directors
Andre Lewis Thorpe Michael Eric Thorpe
Company Number
12737911 (England and Wales)
Registered Office
85 Grove Park Oval Gosforth Newcastle upon Tyne NE3 1EF
Accountants
Jack Bowden Haydon Accountancy Services Limited 33 Percy Crescent North Shields Tyne & Wear NE29 6HP
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GOSFORTH GROUP LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,228 
884 
Current assets
Inventories
- 
700 
Debtors
7,400 
30,795 
Cash at bank and in hand
11,355 
8,156 
18,755 
39,651 
Creditors: amounts falling due within one year
(15,854)
(25,318)
Net current assets
2,901 
14,333 
Total assets less current liabilities
26,129 
15,217 
Creditors: amounts falling due after more than one year
(26,567)
- 
Net (liabilities)/assets
(438)
15,217 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(440)
15,215 
Shareholders' funds
(438)
15,217 
For the year ending 31 July 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 16 November 2023 and were signed on its behalf by
Andre Lewis Thorpe Director Company Registration No. 12737911
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GOSFORTH GROUP LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
GOSFORTH GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 12737911. The registered office is 85 Grove Park Oval, Gosforth, Newcastle upon Tyne, NE3 1EF.
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.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
1,022 
- 
1,022 
Additions
2,837 
27,250 
30,087 
At 31 July 2023
3,859 
27,250 
31,109 
Depreciation
At 1 August 2022
138 
- 
138 
Charge for the year
930 
6,813 
7,743 
At 31 July 2023
1,068 
6,813 
7,881 
Net book value
At 31 July 2023
2,791 
20,437 
23,228 
At 31 July 2022
884 
- 
884 
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GOSFORTH GROUP LTD Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
690 
Accrued income and prepayments
6,588 
2,075 
Other debtors
812 
28,030 
7,400 
30,795 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
11,862 
14,484 
Trade creditors
- 
6,864 
Taxes and social security
3,742 
200 
Other creditors
- 
3,770 
Accruals
250 
- 
15,854 
25,318 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
26,567 
- 
8
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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