01519171falsethat of property rental2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director22023-04-012024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 01519171

Good Stewards Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

Prepared By:
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU

Good Stewards Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
DIRECTORS
Mr G Perfect
Mrs C Perfect
SECRETARY
Mrs C A Perfect
REGISTERED OFFICE
74 High Street
Fishguard
Pembrokeshire
SA65 9AU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01519171
ACCOUNTANTS
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU

Good Stewards Limited

ACCOUNTS
FOR THEYEARENDED31 MARCH 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Good Stewards Limited

BALANCE SHEET AT 31 March 2024
20242023
Notes££
FIXED ASSETS
Tangible assets3443,865456,504
Investment Assets4945,239945,239
1,389,1041,401,743
CURRENT ASSETS
Debtors5237,330136,693
Cash at bank and in hand3,3621,292
240,692137,985
CREDITORS: Amounts falling due within one year6955,439916,310
NET CURRENT LIABILITIES(714,747)(778,325)
TOTAL ASSETS LESS CURRENT LIABILITIES674,357623,418
CREDITORS: Amounts falling due after more than one year715,72817,708
NET ASSETS658,629605,710
CAPITAL AND RESERVES
Called up share capital9228,030228,030
Profit and loss account430,599377,680
SHAREHOLDERS' FUNDS658,629605,710
For the year ending 31 March 2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 16 August 2024 and signed on their behalf by
.............................
Mr G Perfect
Director

Good Stewards Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 2%
1c. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life of 5 years Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1d. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 April 2023290,000290,000
At 31 March 2024290,000290,000
Depreciation
At 1 April 2023290,000290,000
At 31 March 2024290,000290,000
Net Book Amounts
At 31 March 2024--

Good Stewards Limited

3. TANGIBLE FIXED ASSETS
Land And
BuildingsTotal
££
Cost
At 1 April 2023631,975631,975
At 31 March 2024631,975631,975
Depreciation
At 1 April 2023175,471175,471
For the year12,63912,639
At 31 March 2024188,110188,110
Net Book Amounts
At 31 March 2024443,865443,865
At 31 March 2023456,504456,504
4. FINANCIAL ASSETS
Shares in group companies
and participating interestsTotal
££
Cost
At 1 April 2023945,239945,239
At 31 March 2024945,239945,239
Amortisation
Net Book Amounts
At 31 March 2024945,239945,239
At 31 March 2023945,239945,239
See note 14 for details of the investments held.
5. DEBTORS 20242023
££
Amounts falling due within one year
Other debtors78,00084,333
Amounts due from group companies52,36152,360
Directors current account106,969-
237,330136,693

Good Stewards Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax21,79514,661
PAYE control869325
Directors current account-4,635
Bank Loan1,9811,895
Other creditors11,000-
Accruals10,000-
Amounts due to group companies909,794894,794
955,439916,310
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Loans >1yr15,72817,708
15,72817,708
8. EMPLOYEES
20242023
No.No.
Average number of employees--
There were no employees in the years ended 31 March 2024 or 31 March 2023.
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
228030 Ordinary shares of £1 each228030228030
228,030228,030
10. CONTROLLING PARTY
The company is controlled by Mr G G & Mrs C A Perfect by virtue of their 100% shareholding.

Good Stewards Limited

11. RELATED PARTY TRANSACTIONS
Tynewydd Developments Limited, Cloverton Properties (Cilgerran) Limited and Derwydd Garage Limited are subsiduaries of the company and are therefore related parties. During the year the company charged Tynewydd Developments Limited £nil (2023 - £nil) and Cloverton Properties (Cilgerran) Limited £nil (2023 - £nil) for management services.
At the balance sheet date the company was owed £52,362 (2023 - £52,362) by Derwydd Garage Limited
At the balance sheet date the company owed Tynewydd Developments Limited £639,272 (2023 - £642,272) and Cloverton Properties (Cilgerran) Limited £270,522 (2023 - £270,522).
12. FIXED ASSET INVESTMENTS
The company's investments at the balance sheet date in the share capital of companies include the following:-
Cloverton Properties (Cilgerran) Limited
Nature of business: construction of new build dwellings
Class of shares% holding
Ordinary £1 shares100.00
20242023
££
Aggregate capital and reserves882,272854,182
Profit/(Loss) for the year28,08821,161
==========
Tynewydd Developments Limited
Nature of business: construction of new build dwellings
Class of share% holding
Ordinary £1 shares100
31/12/2331/12/22
££
Aggregate capital and reserves1,868,1721,747,918
Profit for the year120,254122,202
==========
Derwydd Garage Limited
Nature of business: retail sale of tyres and general motor repairs
Class of shares% holding
Ordinary £1 shares100
31/01/2431/01/23
££
Aggregate capital and reserves34742(14,141)
Profit /(Loss) for the year48,88341,735
==========