Company Registration No. 03677337 (England and Wales)
Goldhold (UK) Limited
Unaudited accounts
for the year ended 30 November 2023
Goldhold (UK) Limited
Unaudited accounts
Contents
Goldhold (UK) Limited
Company Information
for the year ended 30 November 2023
Director
Anthony Olumide McKenzie
Company Number
03677337 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
ENGLAND
Accountants
Abacus Accounting Solutions Ltd
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
Goldhold (UK) Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
9,295
6,239
Creditors: amounts falling due within one year
(72,810)
(71,531)
Net current assets
155,122
152,801
Total assets less current liabilities
155,319
153,065
Creditors: amounts falling due after more than one year
(32,613)
(36,111)
Net assets
122,706
116,954
Called up share capital
100
100
Profit and loss account
122,606
116,854
Shareholders' funds
122,706
116,954
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 10 August 2024 and were signed on its behalf by
Anthony Olumide McKenzie
Director
Company Registration No. 03677337
Goldhold (UK) Limited
Notes to the Accounts
for the year ended 30 November 2023
Goldhold (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 03677337. The registered office is 20-22 Wenlock Road, London, N1 7GU, ENGLAND.
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.
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:
Land & buildings
Over the term of the lease
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Government assisted loans
Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.
The accounts are presented in £ sterling.
Goldhold (UK) Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
4,040
2,877
3,490
18,082
28,489
At 30 November 2023
4,040
2,877
3,490
18,082
28,489
At 1 December 2022
4,040
2,834
3,360
17,991
28,225
Charge for the year
-
11
33
23
67
At 30 November 2023
4,040
2,845
3,393
18,014
28,292
At 30 November 2023
-
32
97
68
197
At 30 November 2022
-
43
130
91
264
Amounts falling due within one year
Trade debtors
122,602
123,018
Other debtors
94,729
93,532
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,787
6,667
Taxes and social security
1,037
1,693
Other creditors
60,486
62,671
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 7 (2022: 7).