2023-03-01 02014411 2024-02-29 02014411 2023-03-01 2024-02-29 02014411 2023-02-28 02014411 2022-03-01 2023-02-28 02014411 uk-core:WithinOneYear 2023-02-28 02014411 uk-core:WithinOneYear 2024-02-29 02014411 uk-core:AfterOneYear 2023-02-28 02014411 uk-core:AfterOneYear 2024-02-29 02014411 uk-core:ShareCapital 2024-02-29 02014411 uk-core:ShareCapital 2023-02-28 02014411 uk-core:RevaluationReserve 2024-02-29 02014411 uk-core:RevaluationReserve 2023-02-28 02014411 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 02014411 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 02014411 uk-bus:Director1 2023-03-01 2024-02-29 02014411 uk-core:NetGoodwill 2023-03-01 2024-02-29 02014411 uk-core:ToolsEquipment 2023-03-01 2024-02-29 02014411 uk-core:MotorVehicles 2023-03-01 2024-02-29 02014411 uk-core:FurnitureFittings 2023-03-01 2024-02-29 02014411 uk-core:Goodwill 2023-02-28 02014411 uk-core:Goodwill 2024-02-29 02014411 uk-core:ToolsEquipment 2023-02-28 02014411 uk-core:FurnitureFittings 2023-02-28 02014411 uk-core:MotorVehicles 2023-02-28 02014411 uk-core:PlantMachinery 2023-02-28 02014411 uk-core:Buildings 2023-02-28 02014411 uk-core:Buildings 2024-02-29 02014411 uk-core:MotorVehicles 2024-02-29 02014411 uk-core:FurnitureFittings 2024-02-29 02014411 uk-core:ToolsEquipment 2024-02-29 02014411 uk-core:PlantMachinery 2024-02-29 02014411 uk-core:PlantMachinery 2023-03-01 2024-02-29 02014411 uk-core:Buildings 2023-03-01 2024-02-29 02014411 uk-core:AfterOneYear uk-core:Secured 2024-02-29 02014411 uk-core:AfterOneYear uk-core:Secured 2023-02-28 iso4217:GBP xbrli:pure 02014411 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 02014411 uk-bus:FRS102 2023-03-01 2024-02-29 02014411 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 02014411 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
Goldentor Limited
Registered Number:02014411
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
Goldentor Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
02014411
As at 29 February 2024
Goldentor Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
589,103
590,134
3
589,103
590,134
Current assets
Trade and other receivables
294
-
7,883
Cash and cash equivalents
3,015
3,015
8,177
Trade and other payables: amounts falling due within one year
(133,216)
(132,787)
4
(125,039)
(129,772)
Net current liabilities
Total assets less current liabilities
459,331
465,095
Trade and other payables: amounts falling due after more than one
year
(47,343)
(47,343)
5
411,988
Net assets
417,752
Capital and reserves
Called up share capital
40,000
40,000
Revaluation reserve
301,000
301,000
6
Retained earnings
70,988
76,752
411,988
417,752
Shareholders' funds
For the year ended 29 February 2024 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 of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Carl Victor Hulme Director
These financial statements were approved and authorised for issue by the Board on 11 June 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 29 February 2024
Goldentor Limited
Notes to the Financial Statements
Statutory Information
Goldentor Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
02014411.
Registered address:
2c Bromborough Road
Bebington
Wirral
CH63 7RE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 5 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer equipment
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected useful lives
are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The
directors undertake an annual impairment review of these properties.
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5
For the year ended 29 February 2024
Goldentor Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 March 2023
7,000
At 29 February 2024
7,000
Amortisation
At 01 March 2023
7,000
At 29 February 2024
7,000
Net book value
At 29 February 2024
-
At 28 February 2023
-
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
£
Cost or valuation
At 01 March 2023
611,510
357
7,474
11,967
6,156
585,556
At 29 February
2024
585,556
11,967
7,474
357
611,510
6,156
Provision for depreciation and impairment
At 01 March 2023
21,376
357
6,337
9,987
4,695
-
Charge for year
1,031
-
171
495
365
-
At 29 February
2024
22,407
357
6,508
10,482
5,060
-
At 29 February
2024
Net book value
585,556
1,096
1,485
966
-
589,103
585,556
1,461
1,980
1,137
-
590,134
At 28 February
2023
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
1,279
1,305
Other creditors
131,508
131,911
132,787
133,216
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6
For the year ended 29 February 2024
Goldentor Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
47,343
47,343
6. Reserves
Total
£
Revaluation reserve at 01 March 2023
301,000
301,000
Revaluation reserve at 29 February 2024
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
4 of 4