Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29falseNo description of principal activity2023-03-0101falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 6077383 2023-03-01 2024-02-29 6077383 2022-03-01 2023-02-28 6077383 2024-02-29 6077383 2023-02-28 6077383 c:Director1 2023-03-01 2024-02-29 6077383 d:OfficeEquipment 2023-03-01 2024-02-29 6077383 d:OfficeEquipment 2024-02-29 6077383 d:OfficeEquipment 2023-02-28 6077383 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 6077383 d:CurrentFinancialInstruments 2024-02-29 6077383 d:CurrentFinancialInstruments 2023-02-28 6077383 d:Non-currentFinancialInstruments 2024-02-29 6077383 d:Non-currentFinancialInstruments 2023-02-28 6077383 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 6077383 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 6077383 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 6077383 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 6077383 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-02-29 6077383 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-02-28 6077383 d:ShareCapital 2024-02-29 6077383 d:ShareCapital 2023-02-28 6077383 d:RetainedEarningsAccumulatedLosses 2024-02-29 6077383 d:RetainedEarningsAccumulatedLosses 2023-02-28 6077383 c:FRS102 2023-03-01 2024-02-29 6077383 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 6077383 c:FullAccounts 2023-03-01 2024-02-29 6077383 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 6077383









GOLDNET CONSULTING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
GOLDNET CONSULTING LIMITED
REGISTERED NUMBER: 6077383

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
24
32

  
24
32

Current assets
  

Debtors: amounts falling due within one year
 5 
6,783
9,302

Cash at bank and in hand
 6 
1,940
7,264

  
8,723
16,566

Creditors: amounts falling due within one year
 7 
(23,423)
(22,987)

Net current liabilities
  
 
 
(14,700)
 
 
(6,421)

Total assets less current liabilities
  
(14,676)
(6,389)

Creditors: amounts falling due after more than one year
 8 
(8,324)
(13,217)

  

Net liabilities
  
(23,000)
(19,606)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(23,001)
(19,607)

  
(23,000)
(19,606)


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 his 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 29 November 2024.
Page 1

 
GOLDNET CONSULTING LIMITED
REGISTERED NUMBER: 6077383
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024


Abiodun Onasanya
Director

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

Page 2

 
GOLDNET CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

The company is limited by shares and incorporated in England. The address of the registerd office is
given in the company information page of these financial statements. The company's principal activity is
that of provision of management consultancy services.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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

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.

Page 3

 
GOLDNET CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
on reducing balance

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.

 
2.6

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.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
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.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2023 - 1).

Page 4

 
GOLDNET CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 March 2023
2,400



At 29 February 2024

2,400



Depreciation


At 1 March 2023
2,368


Charge for the year on owned assets
8



At 29 February 2024

2,376



Net book value



At 29 February 2024
24



At 28 February 2023
32


5.


Debtors

29 February
28 February
2024
2023
£
£


Other debtors
6,783
9,302

6,783
9,302



6.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
1,940
7,264

1,940
7,264


Page 5

 
GOLDNET CONSULTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Bank loans
5,324
5,324

Corporation tax
15,501
15,501

Other taxation and social security
278
373

Other creditors
-
(31)

Accruals and deferred income
2,320
1,820

23,423
22,987



8.


Creditors: Amounts falling due after more than one year

29 February
28 February
2024
2023
£
£

Bank loans
8,324
13,217

8,324
13,217



9.


Loans


Analysis of the maturity of loans is given below:


29 February
28 February
2024
2023
£
£

Amounts falling due within one year

Bank loans
5,324
5,324


5,324
5,324


Amounts falling due 2-5 years

Bank loans
8,324
13,217


8,324
13,217


13,648
18,541


Page 6

 
GOLDNET CONSULTING LIMITED
 
 
 Page 7