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REGISTERED NUMBER: 13043143 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

GOOD ALPHA LIMITED

GOOD ALPHA LIMITED (REGISTERED NUMBER: 13043143)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 2


GOOD ALPHA LIMITED (REGISTERED NUMBER: 13043143)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 4 3,465 3,261

CURRENT ASSETS
Debtors 5 300,744 63,299
Cash at bank 615,557 926,579
916,301 989,878
CREDITORS
Amounts falling due within one year 6 (48,544 ) (135,287 )
NET CURRENT ASSETS 867,757 854,591
TOTAL ASSETS LESS CURRENT
LIABILITIES

871,222

857,852

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 871,122 857,752
SHAREHOLDERS' FUNDS 871,222 857,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 April 2024 and were signed by:





D I Stander - Director


GOOD ALPHA LIMITED (REGISTERED NUMBER: 13043143)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Good Alpha 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: 13043143

Registered office: 6 Havelock Place
Harrow
United Kingdom
HA1 1LJ

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

GOOD ALPHA LIMITED (REGISTERED NUMBER: 13043143)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 December 2022 4,843
Additions 879
At 30 November 2023 5,722
DEPRECIATION
At 1 December 2022 1,582
Charge for year 675
At 30 November 2023 2,257
NET BOOK VALUE
At 30 November 2023 3,465
At 30 November 2022 3,261

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors - 11,613
Directors' current accounts 300,744 51,686
300,744 63,299

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Corporation Tax 28,799 120,350
Withholding Tax - (3,125 )
VAT 16,617 13,411
Accrued expenses 3,128 4,651
48,544 135,287

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £ £
100 Share capital 1 1 100 100

GOOD ALPHA LIMITED (REGISTERED NUMBER: 13043143)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. RESERVES
Retained
earnings
£

At 1 December 2022 857,752
Profit for the year 92,610
Dividends (79,240 )
At 30 November 2023 871,122

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£ £
D I Stander
Balance outstanding at start of year 51,686 143,088
Amounts advanced 619,013 451,717
Amounts repaid (369,955 ) (543,119 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 300,744 51,686