Made by Golden Ltd 10153837 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is graphic design and creative services Digita Accounts Production Advanced 6.30.9574.0 true true 10153837 2023-05-01 2024-04-30 10153837 2024-04-30 10153837 bus:Director1 1 2024-04-30 10153837 bus:OrdinaryShareClass1 2024-04-30 10153837 bus:OrdinaryShareClass2 2024-04-30 10153837 core:CurrentFinancialInstruments 2024-04-30 10153837 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 10153837 core:FurnitureFittingsToolsEquipment 2024-04-30 10153837 bus:SmallEntities 2023-05-01 2024-04-30 10153837 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 10153837 bus:FilletedAccounts 2023-05-01 2024-04-30 10153837 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10153837 bus:RegisteredOffice 2023-05-01 2024-04-30 10153837 bus:Director1 2023-05-01 2024-04-30 10153837 bus:Director1 1 2023-05-01 2024-04-30 10153837 bus:Director2 2023-05-01 2024-04-30 10153837 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 10153837 bus:OrdinaryShareClass2 2023-05-01 2024-04-30 10153837 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10153837 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 10153837 countries:AllCountries 2023-05-01 2024-04-30 10153837 2023-04-30 10153837 bus:Director1 1 2023-04-30 10153837 core:FurnitureFittingsToolsEquipment 2023-04-30 10153837 2022-05-01 2023-04-30 10153837 2023-04-30 10153837 bus:Director1 1 2023-04-30 10153837 bus:OrdinaryShareClass1 2023-04-30 10153837 bus:OrdinaryShareClass2 2023-04-30 10153837 core:CurrentFinancialInstruments 2023-04-30 10153837 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 10153837 core:FurnitureFittingsToolsEquipment 2023-04-30 10153837 bus:Director1 1 2022-05-01 2023-04-30 10153837 bus:Director1 1 2022-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10153837

Made by Golden Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

Made by Golden Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Made by Golden Ltd

Company Information

Directors

Mr G Cestrone

Mrs A Cestrone

Registered office

2 Western Street
Barnsley
South Yorkshire
S70 2BP

Accountants

Cameron Alexander Accountants Limited
Chartered Certified Accountants
2 Western Street
Barnsley
S70 2BP

 

Made by Golden Ltd

(Registration number: 10153837)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

648

1,400

Current assets

 

Debtors

4

35,034

34,143

Cash at bank and in hand

 

4,326

2,131

 

39,360

36,274

Creditors: Amounts falling due within one year

5

(21,353)

(24,060)

Net current assets

 

18,007

12,214

Total assets less current liabilities

 

18,655

13,614

Provisions for liabilities

(123)

(266)

Net assets

 

18,532

13,348

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

18,432

13,248

Shareholders' funds

 

18,532

13,348

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 September 2024 and signed on its behalf by:
 

.........................................
Mr G Cestrone
Director

 

Made by Golden Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Made by Golden Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

25% straight line and 25% reducing balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Made by Golden Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

3

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 May 2023

3,930

3,930

At 30 April 2024

3,930

3,930

Depreciation

At 1 May 2023

2,530

2,530

Charge for the year

752

752

At 30 April 2024

3,282

3,282

Carrying amount

At 30 April 2024

648

648

At 30 April 2023

1,400

1,400

4

Debtors

Current

2024
£

2023
£

Trade debtors

32,312

31,421

Other debtors

2,722

2,722

 

35,034

34,143

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

36

-

Taxation and social security

6,122

5,195

Accruals and deferred income

645

645

Other creditors

14,550

18,220

21,353

24,060

 

Made by Golden Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

50

50

50

50

Ordinary A shares of £1 each

50

50

50

50

100

100

100

100

7

Related party transactions

Transactions with directors

2024

At 1 May 2023
£

At 30 April 2024
£

Mr G Cestrone

No interest is charged on the loan and there is no fixed date of repayment.

13,908

13,908

2023

At 1 May 2022
£

Advances to director
£

At 30 April 2023
£

Mr G Cestrone

No interest is charged on the loan and there is no fixed date of repayment.

17,393

(3,486)

13,908