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REGISTERED NUMBER: 01299033 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Goldtempest Limited

Goldtempest Limited (Registered number: 01299033)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Goldtempest Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: P Featherstone
Mrs S Featherstone





REGISTERED OFFICE: Unit 1A & AB Blackthorn House
1 Northminster Business Park
Upper Poppleton
York
North Yorkshire
YO26 6QW





REGISTERED NUMBER: 01299033 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

Goldtempest Limited (Registered number: 01299033)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,260 3,013

CURRENT ASSETS
Debtors 5 34,101 56,428
Cash at bank - 25,022
34,101 81,450
CREDITORS
Amounts falling due within one year 6 77,401 46,388
NET CURRENT (LIABILITIES)/ASSETS (43,300 ) 35,062
TOTAL ASSETS LESS CURRENT
LIABILITIES

(41,040

)

38,075

CREDITORS
Amounts falling due after more than one year 7 (26,326 ) (26,175 )

PROVISIONS FOR LIABILITIES - (753 )
NET (LIABILITIES)/ASSETS (67,366 ) 11,147

CAPITAL AND RESERVES
Called up share capital 10,002 10,002
Retained earnings (77,368 ) 1,145
SHAREHOLDERS' FUNDS (67,366 ) 11,147

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

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

The directors acknowledge their 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.

Goldtempest Limited (Registered number: 01299033)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 6 December 2024 and were signed on its behalf by:





P Featherstone - Director


Goldtempest Limited (Registered number: 01299033)

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

1. STATUTORY INFORMATION

Goldtempest 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.

The company is considered a going concern due to the continued support of the directors and shareholders.

Turnover
Turnover comprises the value of sales (excluding vat and trade discounts) of services provided in the normal course of business. Turnover is recognised when the company obtains the right to receive consideration for services provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - Straight line over 3 years

Financial instruments
Basic financial instruments are recognised at amortised costs, except for investments in non - convertable preference and non puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Goldtempest Limited (Registered number: 01299033)

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

2. ACCOUNTING POLICIES - continued

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 5 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 6,082 450 6,532
DEPRECIATION
At 1 April 2023 3,069 450 3,519
Charge for year 753 - 753
At 31 March 2024 3,822 450 4,272
NET BOOK VALUE
At 31 March 2024 2,260 - 2,260
At 31 March 2023 3,013 - 3,013

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 28,065 1,282
Other debtors 6,036 55,146
34,101 56,428

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 7,611 6,533
Trade creditors 16,592 13,100
Taxation and social security 12,302 6,560
Other creditors 40,896 20,195
77,401 46,388

Goldtempest Limited (Registered number: 01299033)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 26,326 26,175

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
P Featherstone and Mrs S Featherstone
Balance outstanding at start of year - -
Amounts advanced 11,331 -
Amounts repaid (11,331 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -