Company Registration No. 13881093 (England and Wales)
Golden Brilliant Limited
Unaudited accounts
for the year ended 31 January 2024
Golden Brilliant Limited
Unaudited accounts
Contents
Golden Brilliant Limited
Company Information
for the year ended 31 January 2024
Company Number
13881093 (England and Wales)
Registered Office
13 Stan Mellor Close
Salford
Lancashire
M6 6QB
England
Accountants
Elaga Accountancy Ltd
75 Shelton St
Covent Garden
London
WC2H 9JQ
Golden Brilliant Limited
Statement of financial position
as at 31 January 2024
Tangible assets
332,489
317,686
Cash at bank and in hand
6,306
2,259
Creditors: amounts falling due within one year
(1,600)
-
Net current assets
4,706
18,899
Total assets less current liabilities
337,195
336,585
Creditors: amounts falling due after more than one year
(356,557)
(356,356)
Net liabilities
(19,362)
(19,771)
Called up share capital
1
1
Profit and loss account
(19,363)
(19,772)
Shareholders' funds
(19,362)
(19,771)
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 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 31 October 2024 and were signed on its behalf by
Yui Pong Yuen
Director
Company Registration No. 13881093
Golden Brilliant Limited
Notes to the Accounts
for the year ended 31 January 2024
Golden Brilliant Limited is a private company, limited by shares, registered in England and Wales, registration number 13881093. The registered office is 13 Stan Mellor Close, Salford, Lancashire, M6 6QB, 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.
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 31 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost, less depreciation and impairment. Depreciation is provided at the following rates to write off the assets over their estimated useful lives. Depreciation was not recorded in the first year due to ongoing decoration, but it will be recognised from this period onward, as the rental properties are now fully operational.
Fixtures & fittings
at a reducing rate of 20%
The financial statements have been prepared on a going concern basis. The directors believe that the company has adequate resources to continue its operations for the foreseeable future.
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
302,000
15,686
317,686
Additions
16,140
2,250
18,390
At 31 January 2024
318,140
17,936
336,076
Charge for the year
-
3,587
3,587
At 31 January 2024
-
3,587
3,587
At 31 January 2024
318,140
14,349
332,489
At 31 January 2023
302,000
15,686
317,686
Golden Brilliant Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Accrued income and prepayments
-
16,640
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
117,200
117,200
Loans from directors
239,357
239,156
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).