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Company Registration No. 06755769 (England and Wales)
GOODINGS BUILDERS (EAST ANGLIA) LIMITED Unaudited accounts for the year ended 31 December 2023
GOODINGS BUILDERS (EAST ANGLIA) LIMITED Unaudited accounts Contents
Page
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GOODINGS BUILDERS (EAST ANGLIA) LIMITED Company Information for the year ended 31 December 2023
Directors
Mr Paul Goodings Mrs Marie Goodings
Company Number
06755769 (England and Wales)
Registered Office
2 Regent Road Lowestoft NR32 1PA
Accountants
P Lacey & Associates Ltd Office 17 2 Regent House Lowestoft NR32 1PA
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GOODINGS BUILDERS (EAST ANGLIA) LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
89,986 
84,741 
Investment property
200,000 
200,000 
289,986 
284,741 
Current assets
Debtors
102,564 
83,866 
Cash at bank and in hand
66,399 
151,544 
168,963 
235,410 
Creditors: amounts falling due within one year
(6,272)
(20,872)
Net current assets
162,691 
214,538 
Net assets
452,677 
499,279 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
452,675 
499,277 
Shareholders' funds
452,677 
499,279 
For the year ending 31 December 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 11 March 2024 and were signed on its behalf by
Mr Paul Goodings Director Company Registration No. 06755769
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GOODINGS BUILDERS (EAST ANGLIA) LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
GOODINGS BUILDERS (EAST ANGLIA) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06755769. The registered office is 2 Regent Road, Lowestoft, NR32 1PA.
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
15% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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GOODINGS BUILDERS (EAST ANGLIA) LIMITED Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
44,048 
123,610 
9,490 
1,238 
178,386 
Additions
- 
- 
- 
1,082 
1,082 
At 31 December 2023
44,048 
123,610 
9,490 
2,320 
179,468 
Depreciation
At 1 January 2023
2,413 
84,542 
6,074 
616 
93,645 
Charge for the year
- 
7,809 
683 
341 
8,833 
Surplus on revaluation
- 
(12,996)
- 
- 
(12,996)
At 31 December 2023
2,413 
79,355 
6,757 
957 
89,482 
Net book value
At 31 December 2023
41,635 
44,255 
2,733 
1,363 
89,986 
At 31 December 2022
41,635 
39,068 
3,416 
622 
84,741 
5
Investment property
2023 
£ 
Fair value at 1 January 2023
200,000 
At 31 December 2023
200,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,564 
- 
Trade debtors
100,000 
82,733 
Other debtors
- 
1,133 
102,564 
83,866 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
2,294 
Trade creditors
5,454 
17,097 
Taxes and social security
818 
1,481 
6,272 
20,872 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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