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Registration number: 11310451

Goldfish Consultancy Ltd

Unaudited Financial Statements

for the Period from 1 May 2022 to 31 October 2023

 

Goldfish Consultancy Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Goldfish Consultancy Ltd

(Registration number: 11310451)
Balance Sheet as at 31 October 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

-

821

Current assets

 

Debtors

5

3,331

4,901

Cash at bank and in hand

 

48

462

 

3,379

5,363

Creditors: Amounts falling due within one year

6

(3,278)

(5,660)

Net current assets/(liabilities)

 

101

(297)

Total assets less current liabilities

 

101

524

Provisions for liabilities

-

(156)

Net assets

 

101

368

Capital and reserves

 

Called up share capital

101

101

Retained earnings

-

267

Shareholders' funds

 

101

368

For the financial period ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 February 2024 and signed on its behalf by:
 

 

Goldfish Consultancy Ltd

(Registration number: 11310451)
Balance Sheet as at 31 October 2023

.........................................
Mrs J Gear
Director

.........................................
Mr A Dix
Director

 

Goldfish Consultancy Ltd

Notes to the Unaudited Financial Statements for the Period from 1 May 2022 to 31 October 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
18-20 High Street
Stevenage
Hertfordshire
SG1 3EJ

The principal place of business is:
28 Sutton Road
Withchford
Ely
Cambridgeshire
CB6 2HX

These financial statements were authorised for issue by the Board on 1 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure of long or short period

The company's reporting period has been extended by 184 days to the 31st October 2023, so these financial statements are presented for a period of 18 months. The extension was due to the business ceasing to trade on the 31st October 2023.

Going concern

The entity has ceased trading on the 31st October 2023 and as such, the company is no longer a going concern. These accounts have been prepared on a break up basis.

 

Goldfish Consultancy Ltd

Notes to the Unaudited Financial Statements for the Period from 1 May 2022 to 31 October 2023

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

 

Goldfish Consultancy Ltd

Notes to the Unaudited Financial Statements for the Period from 1 May 2022 to 31 October 2023

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

Trade debtors are reviewed on an annual basis for any bad debts, any adjustment is made through the profit and loss.

Trade creditors

Trade creditors are obligations to pay for services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2022 - 2).

 

Goldfish Consultancy Ltd

Notes to the Unaudited Financial Statements for the Period from 1 May 2022 to 31 October 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 May 2022

1,199

1,199

Additions

599

599

Disposals

(1,798)

(1,798)

At 31 October 2023

-

-

Depreciation

At 1 May 2022

378

378

Charge for the period

366

366

Eliminated on disposal

(744)

(744)

At 31 October 2023

-

-

Carrying amount

At 31 October 2023

-

-

At 30 April 2022

821

821

5

Debtors

Current

2023
£

2022
£

Prepayments

-

126

Other debtors

3,331

4,775

 

3,331

4,901

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

-

285

Taxation and social security

3,278

3,961

Accruals and deferred income

-

1,323

Other creditors

-

91

3,278

5,660

 

Goldfish Consultancy Ltd

Notes to the Unaudited Financial Statements for the Period from 1 May 2022 to 31 October 2023

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

Ordinary A shares of £1 each

1

1

1

1

 

101

101

101

101

Rights, preferences and restrictions

Ordinary shares have the following rights, preferences and restrictions:
Full rights to attend and vote, and full rights to dividends and capital distributions (including upon winding up).

Ordinary A shares have the following rights, preferences and restrictions:
Entitled to a dividend payment or any other distribution at the option of the directors, do not carry the right to attend or vote and shall not be entitled to participate in a distribution arising from a winding up of the company.

8

Dividends

Interim dividends paid

   

2023
£

 

2022
£

Interim dividend of £Nil (2022 - £12.00) per each Ordinary shares

 

-

 

1,200

Interim dividend of £13,349.33 (2022 - £14,800.00) per each Ordinary A shares

 

13,349

 

14,800

   

13,349

 

16,000

9

Related party transactions

At the balance sheet date the company owed £nil to (2022: £4,775 by) Mrs J Gear. The company was owed £3,313 by (2022: £92 to) Mr A Dix. £3,260 was repaid within 9 months of the year end. There are no terms of repayament or interest charged on these loans.

10

Ultimate controlling party

The ultimate controlling party is Mrs J Gear, by virtue of their majority shareholding.