The Good Storage Company Limited |
Registered Number:09441089 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2023
The Good Storage Company Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
The Good Storage Company Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
495,825
465,567
2
495,825
465,567
Trade and other receivables |
-
1
4
1,157
Cash and cash equivalents |
10,375
10,376
1,157
Trade and other payables: amounts falling due within one |
year |
(476,088)
(511,257)
5
(474,931)
(500,881)
Net current liabilities
Total assets less current liabilities |
(5,056)
(9,364)
(5,056)
Net liabilities
(9,364)
1
1
(5,057)
(9,365)
(5,056)
(9,364)
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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. |
These financial statements were approved and authorised for issue by the Board on 04 July 2024 and were signed by: |
The notes form part of these financial statements |
1 of 3
For the year ended 31 December 2023
The Good Storage Company Limited
Notes to the Financial Statements
Statutory Information
The Good Storage Company Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 09441089. |
3a Laburnum Row
Torquay
Devon
TQ2 5QX
The presentation currency is £ sterling. |
Basis of preparing the financial statements
The company is dormant and has not traded during this or preceeding years.
Property, plant and equipment
Property, plant and equipment, 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: Plant and Machinery 25% Reducing Balance |
Land and buildings
Investment property
Investment properties are included in the balance sheet at their open market value at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this might otherwise have been charged cannot be seperately identified or quantified. |
2. Property, plant and equipment |
465,567
30,258
495,825
495,825
465,567
3. Investments held as fixed assets |
2 of 3
For the year ended 31 December 2023
The Good Storage Company Limited
Notes to the Financial Statements Continued
4. Trade and other receivables |
2022
2023
1
-
5. Trade and other payables: amounts falling due within one year |
2022
2023
Bank loans and overdraft (secured) |
47,071
-
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
453,791
475,837
10,395
251
511,257
476,088
6. Related party transactions |
The company was under the control of Mr J Dorman during this year.
7. Average number of persons employed |
During the year the average number of employees was 1
3 of 3