Company Registration No. 06755769 (England and Wales)
GOODINGS BUILDERS (EAST ANGLIA) LIMITED
Unaudited accounts
for the year ended 31 December 2024
GOODINGS BUILDERS (EAST ANGLIA) LIMITED
Unaudited accounts
Contents
GOODINGS BUILDERS (EAST ANGLIA) LIMITED
Company Information
for the year ended 31 December 2024
Directors
Mr Paul Goodings
Mrs Marie Goodings
Company Number
06755769 (England and Wales)
Registered Office
2 Regent Road
Lowestoft
NR32 1PA
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
GOODINGS BUILDERS (EAST ANGLIA) LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
83,864
89,986
Investment property
200,000
200,000
Cash at bank and in hand
20,932
66,399
Creditors: amounts falling due within one year
(2,478)
(6,272)
Net current assets
118,861
162,691
Net assets
482,725
452,677
Called up share capital
2
2
Profit and loss account
482,723
452,675
Shareholders' funds
482,725
452,677
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by
Mr Paul Goodings
Director
Company Registration No. 06755769
GOODINGS BUILDERS (EAST ANGLIA) LIMITED
Notes to the Accounts
for the year ended 31 December 2024
GOODINGS BUILDERS (EAST ANGLIA) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06755769. The registered office is 2 Regent Road, Lowestoft, NR32 1PA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
15% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
GOODINGS BUILDERS (EAST ANGLIA) LIMITED
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
44,048
123,610
9,490
2,320
179,468
Additions
-
-
-
1,669
1,669
At 31 December 2024
44,048
123,610
9,490
3,989
181,137
At 1 January 2024
2,413
79,355
6,757
957
89,482
Charge for the year
-
6,638
547
606
7,791
At 31 December 2024
2,413
85,993
7,304
1,563
97,273
At 31 December 2024
41,635
37,617
2,186
2,426
83,864
At 31 December 2023
41,635
44,255
2,733
1,363
89,986
Fair value at 1 January 2024
200,000
At 31 December 2024
200,000
6
Investments
Other investments
Valuation at 1 January 2024
-
Valuation at 31 December 2024
80,000
Amounts falling due within one year
Trade debtors
20,000
100,000
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,703
818
GOODINGS BUILDERS (EAST ANGLIA) LIMITED
Notes to the Accounts
for the year ended 31 December 2024
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).