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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
Page
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GOLDEN DUST FINANCIAL LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
33,088 
33,088 
Current assets
Debtors
18,370 
18,370 
Cash at bank and in hand
40 
40 
18,410 
18,410 
Creditors: amounts falling due within one year
(50,100)
(50,100)
Net current liabilities
(31,690)
(31,690)
Net assets
1,398 
1,398 
Capital and reserves
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
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GOLDEN DUST FINANCIAL LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
4
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 
Depreciation
At 1 June 2023
- 
862 
- 
862 
At 31 May 2024
- 
862 
- 
862 
Net book value
At 31 May 2024
3,000 
16,382 
13,706 
33,088 
At 31 May 2023
3,000 
16,382 
13,706 
33,088 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
18,370 
18,370 
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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 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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