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Company Registration No. 14275930 (England and Wales)
Gold Wholesale Ltd Unaudited accounts for the year ended 31 August 2024
Gold Wholesale Ltd Unaudited accounts Contents
Page
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Gold Wholesale Ltd Company Information for the year ended 31 August 2024
Director
Petra Bodorova
Company Number
14275930 (England and Wales)
Registered Office
Suit A 82 James Carter Rd Mildenhall IP28 7DE United Kingdom
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Gold Wholesale Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,400 
25,200 
Current assets
Inventories
13,824 
15,094 
Debtors
18,945 
24,165 
Cash at bank and in hand
1,564 
1,423 
34,333 
40,682 
Creditors: amounts falling due within one year
(52,809)
(64,241)
Net current liabilities
(18,476)
(23,559)
Net assets
3,924 
1,641 
Capital and reserves
Share premium
1 
1 
Profit and loss account
3,923 
1,640 
Shareholders' funds
3,924 
1,641 
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 1 September 2024 and were signed on its behalf by
Petra Bodorova Director Company Registration No. 14275930
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Gold Wholesale Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Gold Wholesale Ltd is a private company, limited by shares, registered in England and Wales, registration number 14275930. The registered office is Suit A, 82 James Carter Rd, Mildenhall, IP28 7DE, United Kingdom.
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
10
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
28,000 
At 31 August 2024
28,000 
Depreciation
At 1 September 2023
2,800 
Charge for the year
2,800 
At 31 August 2024
5,600 
Net book value
At 31 August 2024
22,400 
At 31 August 2023
25,200 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,945 
24,165 
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Gold Wholesale Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,250 
1,500 
VAT
8,140 
8,239 
Trade creditors
8,637 
12,352 
Other creditors
34,782 
42,150 
52,809 
64,241 
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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