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REGISTERED NUMBER: 02219312 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Goss Environmental Coatings Limited

Goss Environmental Coatings Limited (Registered number: 02219312)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Goss Environmental Coatings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: G M Goss





SECRETARY: Mrs M J Goss





REGISTERED OFFICE: Second Floor
Kennel Club House
Gatehouse Way
Aylesbury
Buckinghamshire
HP19 8DB





REGISTERED NUMBER: 02219312 (England and Wales)





ACCOUNTANTS: DUX Advisory Limited
Chartered Accountants
Kennel Club House
Gatehouse Way
Aylesbury
Buckinghamshire
HP19 8DB

Goss Environmental Coatings Limited (Registered number: 02219312)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,077 72,256

CURRENT ASSETS
Stocks 6,950 7,450
Debtors 5 367,198 408,829
Cash at bank and in hand 723,507 601,501
1,097,655 1,017,780
CREDITORS
Amounts falling due within one year 6 293,708 351,317
NET CURRENT ASSETS 803,947 666,463
TOTAL ASSETS LESS CURRENT LIABILITIES 878,024 738,719

CREDITORS
Amounts falling due after more than one year 7 - (2,696 )

PROVISIONS FOR LIABILITIES (18,519 ) (13,866 )
NET ASSETS 859,505 722,157

CAPITAL AND RESERVES
Called up share capital 2,800 2,800
Retained earnings 856,705 719,357
SHAREHOLDERS' FUNDS 859,505 722,157

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Goss Environmental Coatings Limited (Registered number: 02219312)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2024 and were signed by:





G M Goss - Director


Goss Environmental Coatings Limited (Registered number: 02219312)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Goss Environmental Coatings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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
Tangible fixed assets are initially recognised at cost and subsequently measured at cost less accumulated depreciation and impairment. Where parts of an item of tangible fixed assets have different useful lives, they are accounted for as a separate item of tangible fixed assets.

Depreciation is provided at the following annual rates in order to write off each asset over its useful
estimated life, on a reducing balance basis or, if held under a finance lease, over the lease term, whichever is shorter.

Plant and machinery- 25% reducing balance

Stocks and work in progress
Stocks and work in progress are valued at the lower of cost and net realisable value.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2023 - 14 ) .

Goss Environmental Coatings Limited (Registered number: 02219312)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 139,227
Additions 26,956
Disposals (10,010 )
At 31 March 2024 156,173
DEPRECIATION
At 1 April 2023 66,971
Charge for year 23,892
Eliminated on disposal (8,767 )
At 31 March 2024 82,096
NET BOOK VALUE
At 31 March 2024 74,077
At 31 March 2023 72,256

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 19,316
DEPRECIATION
At 1 April 2023 11,167
Charge for year 2,037
At 31 March 2024 13,204
NET BOOK VALUE
At 31 March 2024 6,112
At 31 March 2023 8,149

Goss Environmental Coatings Limited (Registered number: 02219312)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 182,113 293,297
Other debtors 185,085 115,532
367,198 408,829

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 2,696 4,044
Trade creditors 78,746 164,900
Taxation and social security 166,894 139,601
Other creditors 45,372 42,772
293,708 351,317

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts - 2,696

8. SECURED DEBTS

All the Company's liabilities to National Westminster Bank Plc of any kind and in any currency (whether present or future actual or contingent and whether incurred alone or jointly with another) including banking charges, commission, interest, costs and expenses.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Goss Environmental Coatings Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Goss Environmental Coatings Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Goss Environmental Coatings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Goss Environmental Coatings Limited and state those matters that we have agreed to state to the director of Goss Environmental Coatings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Goss Environmental Coatings Limited and its director for our work or for this report.

It is your duty to ensure that Goss Environmental Coatings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Goss Environmental Coatings Limited. You consider that Goss Environmental Coatings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Goss Environmental Coatings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






DUX Advisory Limited
Chartered Accountants
Kennel Club House
Gatehouse Way
Aylesbury
Buckinghamshire
HP19 8DB


10 September 2024