Company Registration No. 09025816 (England and Wales)
GOLDEN DUST FINANCIAL LTD
Accounts
for the year ended 31 May 2024
GOLDEN DUST FINANCIAL LTD
Accounts
Contents
GOLDEN DUST FINANCIAL LTD
Statement of financial position
as at 31 May 2024
Tangible assets
33,088
33,088
Cash at bank and in hand
40
40
Creditors: amounts falling due within one year
(50,100)
(50,100)
Net current liabilities
(31,690)
(31,690)
Called up share capital
100
100
Profit and loss account
1,298
1,298
Shareholders' funds
1,398
1,398
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 25 September 2024 and were signed on its behalf by
Syed Faheem Akbar Shah
Director
Company Registration No. 09025816
GOLDEN DUST FINANCIAL LTD
Notes to the Accounts
for the year ended 31 May 2024
GOLDEN DUST FINANCIAL LTD is a private company, limited by shares, registered in England and Wales, registration number 09025816. The registered office is 167a Shirley Road, Croydon, CR0 8SS, England.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
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Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
3,000
17,244
13,706
33,950
At 31 May 2024
3,000
17,244
13,706
33,950
At 1 June 2023
-
862
-
862
At 31 May 2024
-
862
-
862
At 31 May 2024
3,000
16,382
13,706
33,088
At 31 May 2023
3,000
16,382
13,706
33,088
Amounts falling due within one year
Other debtors
18,370
18,370
GOLDEN DUST FINANCIAL LTD
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
50,100
50,100
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 1 (2023: 1).