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REGISTERED NUMBER: 03577698 (England and Wales)















THE GOODKIND AGENCY LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024






THE GOODKIND AGENCY LIMITED (REGISTERED NUMBER: 03577698)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


THE GOODKIND AGENCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs L Goodkind
Mr G C Goodkind





SECRETARY: Mrs L Goodkind





REGISTERED OFFICE: 1 Brookmans Avenue
Brookmans Park
Hatfield
Hertfordshire
AL9 7QH





REGISTERED NUMBER: 03577698 (England and Wales)





ACCOUNTANTS: P G ASSOCIATES
Accountants
1 Brookmans Avenue
Brookmans Park
Hatfield
Hertfordshire
AL9 7QH

THE GOODKIND AGENCY LIMITED (REGISTERED NUMBER: 03577698)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 469 625
Investments 5 5,100 5,100
5,569 5,725

CURRENT ASSETS
Stocks 6 7,942 7,368
Debtors 7 18,512 12,221
Cash at bank 2,020 3,479
28,474 23,068
CREDITORS
Amounts falling due within one year 8 27,676 13,236
NET CURRENT ASSETS 798 9,832
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,367

15,557

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 6,365 15,555
SHAREHOLDERS' FUNDS 6,367 15,557

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

THE GOODKIND AGENCY LIMITED (REGISTERED NUMBER: 03577698)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by:





Mrs L Goodkind - Director


THE GOODKIND AGENCY LIMITED (REGISTERED NUMBER: 03577698)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

The Goodkind Agency 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.

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.

The financial statements are presented in sterling (£) which is also the functional currency for the company.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

THE GOODKIND AGENCY LIMITED (REGISTERED NUMBER: 03577698)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2023
and 31 March 2024 26,871
DEPRECIATION
At 1 April 2023 26,246
Charge for year 156
At 31 March 2024 26,402
NET BOOK VALUE
At 31 March 2024 469
At 31 March 2023 625

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.24 31.3.23
£    £   
Paintings 5,100 5,100

6. STOCKS
31.3.24 31.3.23
£    £   
Valuation 7,942 7,368

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 8,816 10,559
Prepayments 9,696 1,662
18,512 12,221

THE GOODKIND AGENCY LIMITED (REGISTERED NUMBER: 03577698)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Directors' current accounts 26,801 12,361
Accrued expenses 875 875
27,676 13,236

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed £26,801 to the directors (2023 - £12,361). This amount is repayable on demand and is included in Creditors due within one year..


At the 31 March 2024 the company was owed £18,816 (2023 - £10,559) by Goodkind Estates Limited, an entity in which Mrs L Goodkind has an interest. This loan is interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs L Goodkind.