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Company Registration No. 12548309 (England and Wales)
GoodFather Estates Limited Unaudited accounts for the year ended 30 April 2024
GoodFather Estates Limited Unaudited accounts Contents
Page
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GoodFather Estates Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
708,946 
561,043 
Current assets
Debtors
- 
500 
Cash at bank and in hand
3,034 
65,927 
3,034 
66,427 
Creditors: amounts falling due within one year
(17,216)
(16,552)
Net current (liabilities)/assets
(14,182)
49,875 
Total assets less current liabilities
694,764 
610,918 
Creditors: amounts falling due after more than one year
(747,370)
(652,886)
Net liabilities
(52,606)
(41,968)
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
(62,606)
(51,968)
Shareholders' funds
(52,606)
(41,968)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2025 and were signed on its behalf by
A. Shomoye Director Company Registration No. 12548309
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GoodFather Estates Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
GoodFather Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 12548309. The registered office is ASHWOOD CLOSE, 23, OLDBURY, B69 4SD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
N/A
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 May 2023
561,043 
Additions
147,903 
At 30 April 2024
708,946 
Depreciation
At 30 April 2024
- 
Net book value
At 30 April 2024
708,946 
At 30 April 2023
561,043 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
500 
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GoodFather Estates Limited Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
10,560 
10,646 
Loans from directors
5,156 
5,156 
Accruals
1,500 
750 
17,216 
16,552 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
684,067 
652,886 
Loans from directors
63,303 
- 
747,370 
652,886 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000 
10,000 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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