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REGISTERED NUMBER: 14143570 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

GOLDFISH GRIPS LIMITED

GOLDFISH GRIPS LIMITED (REGISTERED NUMBER: 14143570)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

GOLDFISH GRIPS LIMITED

Company Information
for the Year Ended 31 May 2024







DIRECTOR: G E Smith





REGISTERED OFFICE: 11 Springfield Avenue
West Kirby
Wirral
Merseyside
CH48 9UY





REGISTERED NUMBER: 14143570 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

GOLDFISH GRIPS LIMITED (REGISTERED NUMBER: 14143570)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,402 34,130

CURRENT ASSETS
Debtors 5 22,486 -
Cash at bank and in hand 1,235 14,986
23,721 14,986
CREDITORS
Amounts falling due within one year 6 7,557 39,179
NET CURRENT ASSETS/(LIABILITIES) 16,164 (24,193 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,566

9,937

CREDITORS
Amounts falling due after more than one
year

7

49,684

-
NET ASSETS 4,882 9,937

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 4,880 9,935
SHAREHOLDERS' FUNDS 4,882 9,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 February 2025 and were signed by:





G E Smith - Director


GOLDFISH GRIPS LIMITED (REGISTERED NUMBER: 14143570)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Goldfish Grips Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 20% on reducing balance and 10% on cost

No depreciation is charged in the year of acquisition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

GOLDFISH GRIPS LIMITED (REGISTERED NUMBER: 14143570)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 34,130
Additions 9,372
At 31 May 2024 43,502
DEPRECIATION
Charge for year 5,100
At 31 May 2024 5,100
NET BOOK VALUE
At 31 May 2024 38,402
At 31 May 2023 34,130

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 22,486 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Taxation and social security 7,557 5,027
Other creditors - 34,152
7,557 39,179

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Other creditors 49,684 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary shares 1 2 2

9. RESERVES
Retained
earnings
£   

At 1 June 2023 9,935
Profit for the year 25,945
Dividends (31,000 )
At 31 May 2024 4,880

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is an amount due to Mr G Smith of £49,684 (2023: £10,355) in respect of their director's loan account.

GOLDFISH GRIPS LIMITED (REGISTERED NUMBER: 14143570)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

11. ULTIMATE CONTROLLING PARTY

The controlling party is G E Smith.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Goldfish Grips Limited (Registered number: 14143570)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Goldfish Grips Limited for the year ended 31 May 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Goldfish Grips Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Goldfish Grips Limited and state those matters that we have agreed to state to the director of Goldfish Grips Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Goldfish Grips Limited and its director for our work or for this report.

It is your duty to ensure that Goldfish Grips Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Goldfish Grips Limited. You consider that Goldfish Grips Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Goldfish Grips Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


Date: .............................................