IRIS Accounts Production v24.1.0.578 12737198 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure127371982022-07-31127371982023-07-31127371982022-08-012023-07-31127371982021-07-31127371982021-08-012022-07-31127371982022-07-3112737198ns16:EnglandWales2022-08-012023-07-3112737198ns15:PoundSterling2022-08-012023-07-3112737198ns11:Director12022-08-012023-07-3112737198ns11:PrivateLimitedCompanyLtd2022-08-012023-07-3112737198ns11:SmallEntities2022-08-012023-07-3112737198ns11:AuditExempt-NoAccountantsReport2022-08-012023-07-3112737198ns11:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3112737198ns11:SmallCompaniesRegimeForAccounts2022-08-012023-07-3112737198ns11:FullAccounts2022-08-012023-07-3112737198ns11:OrdinaryShareClass12022-08-012023-07-3112737198ns11:Director22022-08-012023-07-3112737198ns11:RegisteredOffice2022-08-012023-07-3112737198ns6:CurrentFinancialInstruments2023-07-3112737198ns6:CurrentFinancialInstruments2022-07-3112737198ns6:ShareCapital2023-07-3112737198ns6:ShareCapital2022-07-3112737198ns6:RetainedEarningsAccumulatedLosses2023-07-3112737198ns6:RetainedEarningsAccumulatedLosses2022-07-3112737198ns6:ComputerEquipment2022-08-012023-07-3112737198ns6:PlantMachinery2022-08-012023-07-3112737198ns6:PlantMachinery2023-07-3112737198ns6:WithinOneYearns6:CurrentFinancialInstruments2023-07-3112737198ns6:WithinOneYearns6:CurrentFinancialInstruments2022-07-3112737198ns11:OrdinaryShareClass12023-07-3112737198ns6:RetainedEarningsAccumulatedLosses2022-07-3112737198ns6:RetainedEarningsAccumulatedLosses2022-08-012023-07-31
REGISTERED NUMBER: 12737198 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Go Convert Solutions Limited

Go Convert Solutions Limited (Registered number: 12737198)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Go Convert Solutions Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: S M Price
A M Stewart





REGISTERED OFFICE: 3 Park Square
Leeds
LS1 2NE





REGISTERED NUMBER: 12737198 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
Chartered Accountants
3 Park Square
Leeds
LS1 2NE

Go Convert Solutions Limited (Registered number: 12737198)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 789 -

CURRENT ASSETS
Debtors 5 43,492 13,116
Cash at bank 2,960 8,714
46,452 21,830
CREDITORS
Amounts falling due within one year 6 26,008 16,803
NET CURRENT ASSETS 20,444 5,027
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,233

5,027

PROVISIONS FOR LIABILITIES 150 -
NET ASSETS 21,083 5,027

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 20,983 4,927
SHAREHOLDERS' FUNDS 21,083 5,027

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:



A M Stewart - Director


Go Convert Solutions Limited (Registered number: 12737198)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Go Convert Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% Straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

Go Convert Solutions Limited (Registered number: 12737198)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,040
At 31 July 2023 1,040
DEPRECIATION
Charge for year 251
At 31 July 2023 251
NET BOOK VALUE
At 31 July 2023 789

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 23,881 7,716
Directors' current accounts 19,611 5,400
43,492 13,116

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 3,845 1,031
VAT 10,163 3,772
Accrued expenses 12,000 12,000
26,008 16,803

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 August 2022 4,927
Profit for the year 16,056
At 31 July 2023 20,983

Go Convert Solutions Limited (Registered number: 12737198)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

9. RELATED PARTY DISCLOSURES

At 31 July 2023 SM Price owed the company £9,806 (2022: £2,900). AM Stewart owed the company £9,805 (2022: £2,900). The sums were repaid within 9 months after the end of the financial year.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of its directors.