GOLDEN VALLEY PROPERTY LIMITED

Company Registration Number:
08488663 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

GOLDEN VALLEY PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GOLDEN VALLEY PROPERTY LIMITED

Company Information

for the Period Ended 30 April 2024




Director: KD McCarthy
JL McCarthy
Registered office: The Small House
Siston Court
Mangotsfield
Bristol
England
BS16 9LU
Company Registration Number: 08488663 (England and Wales)

GOLDEN VALLEY PROPERTY LIMITED

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
KD McCarthy
JL McCarthy

This report was approved by the board of directors on 29 January 2025
And Signed On Behalf Of The Board By:

Name: KD McCarthy
Status: Director

Name: JL McCarthy
Status: Director

GOLDEN VALLEY PROPERTY LIMITED

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Turnover - 0
Cost of sales ( 85,024 ) ( 53,584 )
Gross Profit or (Loss) ( 85,024 ) ( 53,584 )
Other operating income 172,083 135,832
Operating Profit or (Loss) 87,059 82,248
Interest Payable and Similar Charges ( 40,689 ) ( 36,210 )
Profit or (Loss) Before Tax 46,370 46,038
Tax on Profit ( 8,810 ) ( 8,788 )
Profit or (Loss) for Period 37,560 37,250

The notes form part of these financial statements

GOLDEN VALLEY PROPERTY LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 2,208,154 2,208,154
Tangible assets: 5 43,842 12,395
Total fixed assets: 2,251,996 2,220,549
Current assets
Debtors: 6 6,338 7,427
Cash at bank and in hand: 50,692 45,176
Total current assets: 57,030 52,603
Creditors: amounts falling due within one year: 7 ( 1,679,263 ) ( 1,733,767 )
Net current assets (liabilities): ( 1,622,233 ) ( 1,681,164 )
Total assets less current liabilities: 629,763 539,385
Creditors: amounts falling due after more than one year: 8 ( 44,008 )
Provision for liabilities: ( 36,100 ) ( 36,100 )
Total net assets (liabilities): 549,655 503,285

The notes form part of these financial statements

GOLDEN VALLEY PROPERTY LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 9 46,370 153,900
Profit and loss account: 503,185 349,285
Shareholders funds: 549,655 503,285

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 January 2025
And Signed On Behalf Of The Board By:

Name: KD McCarthy
Status: Director

Name: JL McCarthy
Status: Director

The notes form part of these financial statements

GOLDEN VALLEY PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GOLDEN VALLEY PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

GOLDEN VALLEY PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

GOLDEN VALLEY PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Intangible assets

Other Total
Cost £ £
At 01 May 2023 2,208,154 2,208,154
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 April 2024 2,208,154 2,208,154
Amortisation
Amortisation at 01 May 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 30 April 2024 - -
Net book value
Net book value at 30 April 2024 2,208,154 2,208,154
Net book value at 30 April 2023 2,208,154 2,208,154

GOLDEN VALLEY PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Tangible assets

Land & buildings Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 May 2023 0 1,424 2,556 25,391 29,371
Additions - - 1,469 56,136 57,605
Disposals - - - ( 15,000 ) ( 15,000 )
Revaluations - - - - -
Transfers - - - - -
At 30 April 2024 0 1,424 4,025 66,527 71,976
Depreciation
At 01 May 2023 0 745 1,552 14,679 16,976
Charge for year - 170 618 10,370 11,158
On disposals - - - - -
Other adjustments - - - - -
At 30 April 2024 0 915 2,170 25,049 28,134
Net book value
At 30 April 2024 0 509 1,855 41,478 43,842
At 30 April 2023 0 679 1,004 10,712 12,395

GOLDEN VALLEY PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Debtors


2024
£

2023
£
Trade debtors 6,338 995
Other debtors 6,432
Total 6,338 7,427

GOLDEN VALLEY PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 808,027 830,778
Amounts due under finance leases and hire purchase contracts 0 6,700
Trade creditors 396
Taxation and social security 90 8,788
Other creditors 870,750 887,501
Total 1,679,263 1,733,767

GOLDEN VALLEY PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

8.Creditors: amounts falling due after more than one year


2024
£

2023
£
Amounts due under finance leases and hire purchase contracts 44,008
Total 44,008

GOLDEN VALLEY PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

9. Revaluation reserve


2024
£
Balance at 01 May 2023 153,900
Surplus or deficit after revaluation ( 107,530 )
Balance at 30 April 2024 46,370

GOLDEN VALLEY PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

10.1. Loans to Directors

Name of director receiving advance or credit: JL McCarthy
Description of the transaction:
The following advances and credits to directors subsisted during the years ended 30 April 2023 and 30 April 2024
Balance at 01 May 2023 885,749
Advances or credits repaid: 15,000
Balance at 30 April 2024 870,749