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REGISTERED NUMBER: 11656685 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

GOODBRICK ESTATES LIMITED

GOODBRICK ESTATES LIMITED (REGISTERED NUMBER: 11656685)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GOODBRICK ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mrs F Y Hoffman





REGISTERED OFFICE: 30 Paget Road
London
N16 5NQ





REGISTERED NUMBER: 11656685 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

GOODBRICK ESTATES LIMITED (REGISTERED NUMBER: 11656685)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Investment property 4 847,892 847,892

CURRENT ASSETS
Debtors 5 229,523 151,581
Investments 6 434,175 434,175
Cash at bank 138,011 15,793
801,709 601,549
CREDITORS
Amounts falling due within one year 7 (870,081 ) (651,050 )
NET CURRENT LIABILITIES (68,372 ) (49,501 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

779,520

798,391

CREDITORS
Amounts falling due after more than one
year

8

(827,056

)

(835,239

)
NET LIABILITIES (47,536 ) (36,848 )

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 11 (47,537 ) (36,849 )
SHAREHOLDERS' FUNDS (47,536 ) (36,848 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GOODBRICK ESTATES LIMITED (REGISTERED NUMBER: 11656685)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2024 and were signed by:





Mrs F Y Hoffman - Director


GOODBRICK ESTATES LIMITED (REGISTERED NUMBER: 11656685)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Goodbrick Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net rent receivable, excluding value added tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 847,892
NET BOOK VALUE
At 30 November 2023 847,892
At 30 November 2022 847,892

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 229,523 151,581

6. CURRENT ASSET INVESTMENTS
30.11.23 30.11.22
£    £   
Joint Venture 434,175 434,175

GOODBRICK ESTATES LIMITED (REGISTERED NUMBER: 11656685)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other creditors 868,581 650,330
Accrued expenses 1,500 720
870,081 651,050

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans more 5 yrs non-inst 802,909 802,909
Other loans more 5yrs instal 24,147 32,330
827,056 835,239

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 802,909 802,909

Repayable by instalments
Other loans more 5yrs instal 24,147 32,330

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 802,909 802,909
Other loans 24,147 32,330
827,056 835,239

1. Long term bank loan is secured by first charge over the company's investment property and bear interest at variable rates.

2. Under the bank loan, £24,147 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
1 Ordinary £1 1 1

GOODBRICK ESTATES LIMITED (REGISTERED NUMBER: 11656685)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

11. RESERVES
Retained
earnings
£   

At 1 December 2022 (36,849 )
Deficit for the year (10,688 )
At 30 November 2023 (47,537 )

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Solomon Hoffman.