Registered number
01072245
GOODWOOD MANAGEMENT LIMITED
Filleted Accounts
30 September 2024
GOODWOOD MANAGEMENT LIMITED
Registered number: 01072245
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,000 1,000
Current assets
Cash at bank and in hand 9,537 7,267
Creditors: amounts falling due within one year 4 (195) (180)
Net current assets 9,342 7,087
Net assets 10,342 8,087
Member's fund
Member's contribution 5 12 12
Income and expenditure account 10,330 8,075
Total Member's funds 10,342 8,087
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
K M Brown
Director
Approved by the board on 13 November 2024
GOODWOOD MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover represents the invoiced amount for service and maintenance charges.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land and buildings No annual depreciation now provided
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 October 2023 1,995
At 30 September 2024 1,995
Depreciation
At 1 October 2023 995
At 30 September 2024 995
Net book value
At 30 September 2024 1,000
At 30 September 2023 1,000
4 Creditors: amounts falling due within one year 2024 2023
£ £
Accruals 195 180
5 Member's contribution
At 1 October 2023 12
At 30 September 2024 12
6 Other information
GOODWOOD MANAGEMENT LIMITED is a private company limited by guarantee and incorporated in England. Its registered office is:
12 Goodwood
Middleton
Ilkley
West Yorkshire
LS29 8AB
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