2023-01-01 09441089 2023-12-31 09441089 2023-01-01 2023-12-31 09441089 2022-12-31 09441089 2022-03-01 2022-12-31 09441089 uk-core:WithinOneYear 2022-12-31 09441089 uk-core:WithinOneYear 2023-12-31 09441089 uk-core:ShareCapital 2023-12-31 09441089 uk-core:ShareCapital 2022-12-31 09441089 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 09441089 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 09441089 uk-bus:Director1 2023-01-01 2023-12-31 09441089 uk-core:Buildings 2023-01-01 2023-12-31 09441089 uk-core:WithinOneYear uk-core:Secured 2023-12-31 09441089 uk-core:WithinOneYear uk-core:Secured 2022-12-31 iso4217:GBP xbrli:pure 09441089 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 09441089 uk-bus:FRS102 2023-01-01 2023-12-31 09441089 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 09441089 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
The Good Storage Company Limited
Registered Number:09441089
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
09441089
As at 31 December 2023
The Good Storage Company Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
495,825
465,567
2
495,825
465,567
Current assets
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)
Capital and reserves
Called up share capital
1
1
Retained earnings
(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.
James Dorman Director
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
4
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.
Registered address:
3a Laburnum Row
Torquay
Devon
TQ2 5QX
The presentation currency is £ sterling.
1. Accounting policies
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
0% Straight line
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
Land and
buildings
£
Cost or
valuation
At 01 January 2023
465,567
30,258
Additions
At 31 December 2023
495,825
At 31 December 2023
Net book value
495,825
At 31 December 2022
465,567
3. Investments held as fixed assets
2 of 3
5
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
£
£
Other debtors
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
Other creditors
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
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