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REGISTERED NUMBER: 04576753 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

ANDREW GODDARD ASSOCIATES LIMITED

ANDREW GODDARD ASSOCIATES LIMITED (REGISTERED NUMBER: 04576753)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


ANDREW GODDARD ASSOCIATES LIMITED

Company Information
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: A E Goddard
A Plater





SECRETARY: E Goddard





REGISTERED OFFICE: Samuel House
Chinnor Road
Thame
Oxfordshire
OX9 3NU





REGISTERED NUMBER: 04576753 (England and Wales)





ACCOUNTANTS: Johnsons, Chartered Accountants
1-2 Craven Road
Ealing
London
W5 2UA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Andrew Goddard Associates Limited

The following reproduces the text of the report prepared for the directors 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 Directors 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 Andrew Goddard Associates Limited for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 Board of Directors of Andrew Goddard Associates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Andrew Goddard Associates Limited and state those matters that we have agreed to state to the Board of Directors of Andrew Goddard Associates Limited, as a body, 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 Andrew Goddard Associates Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Andrew Goddard Associates 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 Andrew Goddard Associates Limited. You consider that Andrew Goddard Associates 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 Andrew Goddard Associates 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.






Johnsons, Chartered Accountants
1-2 Craven Road
Ealing
London
W5 2UA


30 May 2024

ANDREW GODDARD ASSOCIATES LIMITED (REGISTERED NUMBER: 04576753)

Balance Sheet
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 17,628 1,349
Tangible assets 5 176,902 90,921
194,530 92,270

CURRENT ASSETS
Debtors 6 491,676 516,873
Cash at bank 124,636 139,263
616,312 656,136
CREDITORS
Amounts falling due within one year 7 345,113 277,087
NET CURRENT ASSETS 271,199 379,049
TOTAL ASSETS LESS CURRENT
LIABILITIES

465,729

471,319

CREDITORS
Amounts falling due after more than one
year

8

(91,730

)

(23,805

)

PROVISIONS FOR LIABILITIES 10 (15,955 ) (19,348 )
NET ASSETS 358,044 428,166

CAPITAL AND RESERVES
Called up share capital 11 100 100
Capital redemption reserve 12 1 1
Retained earnings 12 357,943 428,065
SHAREHOLDERS' FUNDS 358,044 428,166

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ANDREW GODDARD ASSOCIATES LIMITED (REGISTERED NUMBER: 04576753)

Balance Sheet - continued
31 JANUARY 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 Board of Directors and authorised for issue on 30 May 2024 and were signed on its behalf by:





A E Goddard - Director


ANDREW GODDARD ASSOCIATES LIMITED (REGISTERED NUMBER: 04576753)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Andrew Goddard Associates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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

ANDREW GODDARD ASSOCIATES LIMITED (REGISTERED NUMBER: 04576753)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2024

2. ACCOUNTING POLICIES - continued

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 22 (2023 - 22 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2023 6,435
Additions 18,029
At 31 January 2024 24,464
AMORTISATION
At 1 February 2023 5,086
Charge for year 1,750
At 31 January 2024 6,836
NET BOOK VALUE
At 31 January 2024 17,628
At 31 January 2023 1,349

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 34,279 118,580 152,859
Additions - 106,019 106,019
At 31 January 2024 34,279 224,599 258,878
DEPRECIATION
At 1 February 2023 17,884 44,054 61,938
Charge for year 1,640 18,398 20,038
At 31 January 2024 19,524 62,452 81,976
NET BOOK VALUE
At 31 January 2024 14,755 162,147 176,902
At 31 January 2023 16,395 74,526 90,921

ANDREW GODDARD ASSOCIATES LIMITED (REGISTERED NUMBER: 04576753)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 205,828 217,899
Other debtors 285,848 298,974
491,676 516,873

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,519 10,763
Hire purchase contracts (see note 9) 12,837 -
Trade creditors 24,110 23,967
Taxation and social security 176,236 162,924
Other creditors 121,411 79,433
345,113 277,087

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 13,530 23,805
Hire purchase contracts (see note 9) 78,200 -
91,730 23,805

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 12,837 -
Between one and five years 78,200 -
91,037 -

Non-cancellable operating leases
2024 2023
£    £   
Within one year 38,560 21,560
Between one and five years 2,560 38,640
41,120 60,200

ANDREW GODDARD ASSOCIATES LIMITED (REGISTERED NUMBER: 04576753)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2024

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 15,955 19,348

Deferred
tax
£   
Balance at 1 February 2023 19,348
Provided during year (3,393 )
Balance at 31 January 2024 15,955

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1p 100 100

12. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 February 2023 428,065 1 428,066
Profit for the year 150,878 150,878
Dividends (221,000 ) (221,000 )
At 31 January 2024 357,943 1 357,944

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
A E Goddard
Balance outstanding at start of year 104,449 52,317
Amounts advanced 220,633 288,432
Amounts repaid (221,000 ) (236,300 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 104,082 104,449

Interest on the loan to the director was charged at HMRC's official rate and is repayable on demand.

14. ULTIMATE CONTROLLING PARTY

The company is under control of Andrew Goddard by the virtue of his shareholdings in AEGEG Holdings Limited