Company Registration No. 5243566 (England and Wales)
GOLDEN FIX PROPERTIES LTD
Unaudited accounts
for the year ended 31 December 2023
GOLDEN FIX PROPERTIES LTD
Unaudited accounts
Contents
GOLDEN FIX PROPERTIES LTD
Company Information
for the year ended 31 December 2023
Directors
MUHAMED CAKOLLI
ARBEN ISLAMI
Company Number
5243566 (England and Wales)
Registered Office
408 ILFORD LANE
ILFORD
ESSEX
IG1 2ND
GOLDEN FIX PROPERTIES LTD
Statement of financial position
as at 31 December 2023
Tangible assets
8,406
12,609
Investment property
250,000
250,000
Cash at bank and in hand
22,533
49,858
Creditors: amounts falling due within one year
(149,461)
(186,653)
Net current liabilities
(126,928)
(136,795)
Total assets less current liabilities
131,478
125,814
Creditors: amounts falling due after more than one year
(54,764)
(64,401)
Called up share capital
100
100
Profit and loss account
76,614
61,313
Shareholders' funds
76,714
61,413
For the year ending 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 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 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 of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by
ARBEN ISLAMI
Director
Company Registration No. 5243566
GOLDEN FIX PROPERTIES LTD
Notes to the Accounts
for the year ended 31 December 2023
GOLDEN FIX PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 5243566. The registered office is 408 ILFORD LANE, ILFORD, ESSEX, IG1 2ND.
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.
The accounts are presented in £ sterling.
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:
Plant & machinery
25% Reducing balance
Fixtures & fittings
25% Reducing balance
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
55,219
27,758
82,977
At 31 December 2023
55,219
27,758
82,977
At 1 January 2023
47,106
23,262
70,368
Charge for the year
2,704
1,499
4,203
At 31 December 2023
49,810
24,761
74,571
At 31 December 2023
5,409
2,997
8,406
At 31 December 2022
8,113
4,496
12,609
Fair value at 1 January 2023
250,000
At 31 December 2023
250,000
GOLDEN FIX PROPERTIES LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,886
24,990
Taxes and social security
4,575
3,444
Other creditors
20,000
20,000
Loans from directors
121,000
138,000
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 5 (2022: 5).