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REGISTERED NUMBER: 08623168 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

GOODE-TURNER LOGISTICS LIMITED

GOODE-TURNER LOGISTICS LIMITED (REGISTERED NUMBER: 08623168)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


GOODE-TURNER LOGISTICS LIMITED (REGISTERED NUMBER: 08623168)

BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,173,245 1,958,842

CURRENT ASSETS
Debtors 5 166,458 156,458
Cash at bank 7,205 2,201
173,663 158,659
CREDITORS
Amounts falling due within one year 6 524,023 524,188
NET CURRENT LIABILITIES (350,360 ) (365,529 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,822,885

1,593,313

PROVISIONS FOR LIABILITIES 39,995 20,717
NET ASSETS 1,782,890 1,572,596

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,782,790 1,572,496
SHAREHOLDERS' FUNDS 1,782,890 1,572,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by:



G Turner - Director


GOODE-TURNER LOGISTICS LIMITED (REGISTERED NUMBER: 08623168)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Goode-Turner Logistics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08623168

Registered office: 4 Wharfe Mews
Cliffe Terrace
Wetherby
West Yorkshire
LS22 6LX

The presentation currency of the financial statements is the Pound Sterling, which is the functional currency of the company, rounded to the nearest £1.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Goode-Turner Logistics Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Fixed asset investments
Fixed asset investments are restated to fair value at the year end using quoted prices at that date. Any changes in fair value are included in the profit and loss account for the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

GOODE-TURNER LOGISTICS LIMITED (REGISTERED NUMBER: 08623168)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. FIXED ASSET INVESTMENTS
Shares in
group Listed
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 September 2022 650,001 1,308,841 1,958,842
Additions - 147,932 147,932
Disposals - (6,277 ) (6,277 )
Revaluations - 72,748 72,748
At 31 August 2023 650,001 1,523,244 2,173,245
NET BOOK VALUE
At 31 August 2023 650,001 1,523,244 2,173,245
At 31 August 2022 650,001 1,308,841 1,958,842

The historic cost of listed investments was £1,358,169 (2022: £1,216,514).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Amounts owed by group undertakings 166,358 156,358
Called up share capital not paid 100 100
166,458 156,458

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Amounts owed to group undertakings 521,023 521,023
Accruals and deferred income 3,000 3,165
524,023 524,188

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.