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REGISTERED NUMBER: 12045150 (England and Wales)








Unaudited Financial Statements for the Year Ended 30 June 2024

for

Gochu Limited

Gochu Limited (Registered number: 12045150)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Gochu Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs W M Watson
P Watson
J Willman
Ms L Willman





REGISTERED OFFICE: 17-19 Park Street
Lytham
Lancashire
FY8 5LU





REGISTERED NUMBER: 12045150 (England and Wales)





ACCOUNTANTS: Ashworth Treasure (BOC) Limited
17-19 Park Street
Lytham
Lancashire
FY8 5LU

Gochu Limited (Registered number: 12045150)

Abridged Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 483,386 423,961

CURRENT ASSETS
Stocks 11,600 11,600
Debtors 2,626 11,639
Cash at bank 76,528 111,595
90,754 134,834
CREDITORS
Amounts falling due within one year 917,205 797,131
NET CURRENT LIABILITIES (826,451 ) (662,297 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(343,065

)

(238,336

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (343,165 ) (238,436 )
(343,065 ) (238,336 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Gochu Limited (Registered number: 12045150)

Abridged Balance Sheet - continued
30 June 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 March 2025 and were signed on its behalf by:




P Watson - Director



Mrs W M Watson - Director


Gochu Limited (Registered number: 12045150)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Gochu 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 accounts have been drawn up on the basis that the company is a going concern.There is a balance sheet deficit of £343,065 The loss and significant fixed asset investment has been financed by a company with common shareholdings which has provided £809,500 in loans. The directors therefore believe the going concern basis is appropriate.

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 the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - 10% on cost
Plant and machinery etc - 15% on reducing balance

A full year's depreciation is charged in the year of purchase.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 22 ) .

Gochu Limited (Registered number: 12045150)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023 554,219
Additions 134,985
At 30 June 2024 689,204
DEPRECIATION
At 1 July 2023 130,258
Charge for year 75,560
At 30 June 2024 205,818
NET BOOK VALUE
At 30 June 2024 483,386
At 30 June 2023 423,961

5. RELATED PARTY DISCLOSURES

Included within creditors (amounts due within one year) is an amount of £809,500 due to Cherish UK Limited a company under common ownership .

Also included in creditors amounts due within one year is an amount of £10,620 due to the company directors.