GO NATURE LTD

Company Registration Number:
12152241 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

GO NATURE LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

GO NATURE LTD

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 363,780 363,780
Total fixed assets: 363,780 363,780
Current assets
Debtors:   903 219
Cash at bank and in hand: 160,480 2,197
Total current assets: 161,383 2,416
Creditors: amounts falling due within one year:   (5,650) (98,332)
Net current assets (liabilities): 155,733 (95,916)
Total assets less current liabilities: 519,513 267,864
Creditors: amounts falling due after more than one year: 4 (519,570) (268,794)
Total net assets (liabilities): (57) (930)
Capital and reserves
Called up share capital: 4 4
Profit and loss account: (61) (934)
Shareholders funds: (57) (930)

The notes form part of these financial statements

GO NATURE LTD

Balance sheet statements

For the year ending 31 May 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 October 2024
and signed on behalf of the board by:

Name: J J Anithottathil
Status: Director

The notes form part of these financial statements

GO NATURE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

GO NATURE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 1 0

GO NATURE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Fixed investments

Investment properties with a carrying amount of £363,780 purchased during the year ended 31st May 2022. Based on the recent market transactions, the directors consider the value of the property has not changed.

GO NATURE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due after more than one year note

The above bank loan contains two charges. £122,820 is a secured charge against the property at 3 Allington House and £137,225 is a secured charge against the property at 88 Fennel Close.

GO NATURE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Related party transactions

Name of the related party:
Relationship:
Inter-related
Description of the Transaction: During the year, the company received a loan in the sum of £150,000 from an inter-related company. The rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due after more than one year.
£
Balance at 01 June 2023 0
Balance at 31 May 2024 150,000