Company Registration No. 10716824 (England and Wales)
Goosepool Properties Ltd
Unaudited accounts
for the year ended 30 April 2024
Goosepool Properties Ltd
Unaudited accounts
Contents
Goosepool Properties Ltd
Company Information
for the year ended 30 April 2024
Directors
Matthew Sam Gibson Falcus
Lucy Falcus
Company Number
10716824 (England and Wales)
Registered Office
579 Yarm Road
Eaglescliffe
Stockton-on-Tees
TS16 9BJ
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Goosepool Properties Ltd
Accountants' report
Accountants' report to the board of directors of Goosepool Properties Ltd on the preparation of the unaudited statutory accounts for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Goosepool Properties Ltd for the year ended
30 April 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Goosepool Properties Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Goosepool Properties Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Goosepool Properties Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Goosepool Properties Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Goosepool Properties Ltd. You consider that Goosepool Properties Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Goosepool Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
26 July 2024
Goosepool Properties Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
177,357
155,239
Creditors: amounts falling due within one year
(40,704)
(38,960)
Net current liabilities
(37,929)
(36,355)
Total assets less current liabilities
139,428
118,884
Creditors: amounts falling due after more than one year
(84,161)
(81,301)
Called up share capital
1
1
Revaluation reserve
41,631
22,801
Profit and loss account
13,635
14,781
Shareholders' funds
55,267
37,583
For the year ending 30 April 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 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 8 August 2024 and were signed on its behalf by
Matthew Sam Gibson Falcus
Director
Company Registration No. 10716824
Goosepool Properties Ltd
Notes to the Accounts
for the year ended 30 April 2024
Goosepool Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10716824. The registered office is 579 Yarm Road, Eaglescliffe, Stockton-on-Tees, TS16 9BJ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Fixtures & fittings
Between 25% and 33% on cost
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At valuation
At cost
At 1 May 2023
155,001
10,770
165,771
Revaluations
18,830
-
18,830
At 30 April 2024
177,357
10,770
188,127
At 1 May 2023
-
10,532
10,532
Charge for the year
-
238
238
At 30 April 2024
-
10,770
10,770
At 30 April 2024
177,357
-
177,357
At 30 April 2023
155,001
238
155,239
Goosepool Properties Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
946
1,617
Taxes and social security
(484)
484
Other creditors
4,508
1,250
Loans from directors
35,121
34,996
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
37,350
31,350
Aggregate of amounts that fall due for payment after five years
46,810
49,951
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).