Caseware UK (AP4) 2023.0.135 2023.0.135 falseArtistic and literary creation2023-04-0153truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06111677 2023-04-01 2024-03-31 06111677 2022-04-01 2023-03-31 06111677 2024-03-31 06111677 2023-03-31 06111677 c:Director1 2023-04-01 2024-03-31 06111677 d:ComputerEquipment 2023-04-01 2024-03-31 06111677 d:CurrentFinancialInstruments 2024-03-31 06111677 d:CurrentFinancialInstruments 2023-03-31 06111677 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06111677 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06111677 d:ShareCapital 2024-03-31 06111677 d:ShareCapital 2023-03-31 06111677 d:RetainedEarningsAccumulatedLosses 2024-03-31 06111677 d:RetainedEarningsAccumulatedLosses 2023-03-31 06111677 c:OrdinaryShareClass1 2023-04-01 2024-03-31 06111677 c:OrdinaryShareClass1 2024-03-31 06111677 c:FRS102 2023-04-01 2024-03-31 06111677 c:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06111677 c:FullAccounts 2023-04-01 2024-03-31 06111677 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06111677 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06111677










GOOD SPA GUIDE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

For the Year Ended 31 March 2024

 
GOOD SPA GUIDE LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GOOD SPA GUIDE LIMITED
FOR THE YEAR ENDED 31 MARCH 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Good Spa Guide Limited for the year ended 31 March 2024 which comprise  the balance sheet 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 at https://www.icaew.com /regulation.

This report is made solely to the director of Good Spa Guide Limited in accordance with the terms of our engagement letter dated 18 April 2023Our work has been undertaken solely to prepare for your approval the financial statements of Good Spa Guide Limited and state those matters that we have agreed to state to the director of Good Spa Guide Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Good Spa Guide Limited and its director for our work or for this report. 

It is your duty to ensure that Good Spa Guide 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 loss of Good Spa Guide Limited. You consider that Good Spa Guide Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Good Spa Guide 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.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
 
31 October 2024
Page 1

 
GOOD SPA GUIDE LIMITED
Registered number: 06111677

BALANCE SHEET
As at 31 March 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
54,481
47,704

Cash at bank and in hand
  
122,304
235,018

  
176,785
282,722

Creditors: amounts falling due within one year
 5 
(502,202)
(588,652)

Net current liabilities
  
 
 
(325,417)
 
 
(305,930)

Total assets less current liabilities
  
(325,417)
(305,930)

  

Net liabilities
  
(325,417)
(305,930)


Capital and reserves
  

Called up share capital 
 6 
500
500

Profit and loss account
  
(325,917)
(306,430)

  
(325,417)
(305,930)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 September 2024.



Mrs D E Metland
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
GOOD SPA GUIDE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2024

1.


General information

The company is a private company limited by shares. It is both incoporated and domiciled in England and Wales. The registered office address is 7 The Close, Norwich, Norfolk, NR1 4DJ.
The company's principal activity is that of artistic and literacy creation. The principal place of business is Norwich, Norfolk.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has considered a period of twelve months from the date of approval of the financial statements. The director considers that projected income together with current cash reserves will be adequate for the company's needs. The business is able to rely upon the continued support of the director and the related party and, as such, the director believes that the financial statements should be prepared on a going concern basis. 

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
GOOD SPA GUIDE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
GOOD SPA GUIDE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2024

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 3).

Page 5

 
GOOD SPA GUIDE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2024

4.


Debtors

2024
2023
£
£


Trade debtors
47,730
43,815

Other debtors
500
500

Prepayments and accrued income
3,230
368

Tax recoverable
3,021
3,021

54,481
47,704



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
9
9

Other taxation and social security
13,632
6,840

Other creditors
488,561
581,803

502,202
588,652



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



500 A shares of £1.00 each
500
500


7.


Controlling party

As at 31 March 2024 the company was controlled by the ultimate parent undertaking M & M Multimedia Group Limited, a company in which Mrs D Metland and her close family have control.

 
Page 6