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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
Page
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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
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GOODINGS BUILDERS (EAST ANGLIA) LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
83,864 
89,986 
Investment property
200,000 
200,000 
Investments
80,000 
- 
363,864 
289,986 
Current assets
Debtors
100,407 
102,564 
Cash at bank and in hand
20,932 
66,399 
121,339 
168,963 
Creditors: amounts falling due within one year
(2,478)
(6,272)
Net current assets
118,861 
162,691 
Net assets
482,725 
452,677 
Capital and reserves
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
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GOODINGS BUILDERS (EAST ANGLIA) LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
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:
Plant & machinery
15% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
Turnover
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.
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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 
Depreciation
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 
Net book value
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 
5
Investment property
2024 
£ 
Fair value at 1 January 2024
200,000 
At 31 December 2024
200,000 
6
Investments
Other investments 
£ 
Valuation at 1 January 2024
- 
Additions
80,000 
Valuation at 31 December 2024
80,000 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
407 
2,564 
Trade debtors
20,000 
100,000 
Other debtors
80,000 
- 
100,407 
102,564 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
5,454 
Taxes and social security
1,703 
818 
Accruals
775 
- 
2,478 
6,272 
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GOODINGS BUILDERS (EAST ANGLIA) LIMITED Notes to the Accounts for the year ended 31 December 2024
9
Share capital
2024 
2023 
£ 
£ 
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).
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