Company registration number 03660567 (England and Wales)
GOODDIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 25 OCTOBER 2024
GOODDIES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
GOODDIES LIMITED
BALANCE SHEET
AS AT
25 OCTOBER 2024
25 October 2024
- 1 -
25 October 2024
31 December 2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
272,392
296,732
Current assets
Stocks
-
370,274
Debtors
4
369,213
59,736
Cash at bank and in hand
1,336,891
981,948
1,706,104
1,411,958
Creditors: amounts falling due within one year
5
(112,842)
(58,242)
Net current assets
1,593,262
1,353,716
Total assets less current liabilities
1,865,654
1,650,448
Provisions for liabilities
-
0
(3,450)
Net assets
1,865,654
1,646,998
Capital and reserves
Called up share capital
100
100
Share premium account
70,000
70,000
Capital redemption reserve
26
26
Profit and loss reserves
1,795,528
1,576,872
Total equity
1,865,654
1,646,998

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 25 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 4 March 2025 and are signed on its behalf by:
S Gooddy
C Gooddy
Director
Director
Company registration number 03660567 (England and Wales)
GOODDIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 25 OCTOBER 2024
- 2 -
1
Accounting policies
1.1
Reporting period

The company ceased trading on 25 October 2024 and was placed into a Members Voluntary Liquidation. The period covered in these financial statements is ten months and the comparative period is twelve months.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

The company ceased trading on 25 October 202true4, as a result of the sale of business assets, and entered a Members Voluntary Liquidation. The financial statements have been prepared on a basis other than that of a going concern and therefore the remaining assets of the company have been written down to net realisable value

1.4
Turnover
Turnover represents amounts receivable for goods and services net of VAT.
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold Land and buildings
2% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Equity instruments

Ordinary shares are classified as equity. There are three classes of Ordinary shares. There are no restrictions on the distribution of dividends or the repayment of capital.

GOODDIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 25 OCTOBER 2024
1
Accounting policies
(Continued)
- 3 -
1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the period. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.10
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

1.11
Company information

Gooddies Limited is a private company limited by shares incorporated in England and Wales. The registered office is Grosvenor House, 22 Grafton Street, Altrincham, Cheshire, WA14 1DU.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
2023
Number
Number
Total
8
10
GOODDIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 25 OCTOBER 2024
- 4 -
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 January 2024
449,184
128,320
577,504
Additions
-
0
534
534
Disposals
-
0
(128,854)
(128,854)
At 25 October 2024
449,184
-
0
449,184
Depreciation and impairment
At 1 January 2024
169,306
111,466
280,772
Depreciation charged in the period
7,486
-
0
7,486
Eliminated in respect of disposals
-
0
(111,466)
(111,466)
At 25 October 2024
176,792
-
0
176,792
Carrying amount
At 25 October 2024
272,392
-
0
272,392
At 31 December 2023
279,878
16,854
296,732
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
74,048
50,611
Other debtors
295,165
9,125
369,213
59,736
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
25,765
18,499
Taxation and social security
80,457
29,443
Other creditors
6,620
10,300
112,842
58,242
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