Registered number: 12790559 | ||||||||
FOR THE YEAR ENDED 31 AUGUST 2024 | ||||||||
Prepared By: | ||||||||
Willow Accounting & Consultancy | ||||||||
47a Commercial Road | ||||||||
Ashley Cross | ||||||||
Poole | ||||||||
Dorset | ||||||||
BH14 0HU |
Goswell Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 AUGUST 2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Wiltshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 12790559 | ||||||||
ACCOUNTANTS | ||||||||
Willow Accounting & Consultancy | ||||||||
47a Commercial Road | ||||||||
Ashley Cross | ||||||||
Poole | ||||||||
Dorset | ||||||||
BH14 0HU |
Goswell Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 AUGUST 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Goswell Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
1,430,437 | 734,737 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 285,800 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 421,879 | 309,348 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Goswell Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 AUGUST 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Short Leasehold Properties | straight line6.67% | |||||||
Plant And Machinery | reducing balance25% | |||||||
Commercial Vehicles | reducing balance25% | |||||||
Fixtures And Fittings | reducing balance15% | |||||||
Equipment | reducing balance25% | |||||||
Motor Cars | reducing balance25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 8 | |||||
Goswell Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||||||||
Short Leasehold | Plant and | Commercial | Fixtures | |||||||||||
Properties | Machinery | Vehicles | and Fittings | Equipment | Motor Cars | Total | ||||||||
£ | £ | £ | £ | £ | £ | £ | ||||||||
Cost | ||||||||||||||
At 1 September 2023 | - | 69,340 | 3,600 | - | 1,546 | - | 74,486 | |||||||
Additions | 14,060 | 161,948 | - | 2,040 | 1,622 | 159,950 | 339,620 | |||||||
At 31 August 2024 | 14,060 | 231,288 | 3,600 | 2,040 | 3,168 | 159,950 | 414,106 | |||||||
Depreciation | ||||||||||||||
At 1 September 2023 | - | 29,899 | 1,575 | - | 846 | - | 32,320 | |||||||
For the year | 984 | 50,347 | 506 | 306 | 581 | 39,988 | 92,712 | |||||||
At 31 August 2024 | 984 | 80,246 | 2,081 | 306 | 1,427 | 39,988 | 125,032 | |||||||
Net Book Amounts | ||||||||||||||
At 31 August 2024 | 13,076 | 289,074 | ||||||||||||
At 31 August 2023 | - | 42,166 | ||||||||||||
Included in the above is a vehicle held under hire purchase, the cost of which is £159,950 and the net value £119,962. | ||||||||||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 751,101 | 417,268 | ||||||
Other debtors | 69,250 | 23,250 | ||||||
Prepayments | 3,777 | 2,614 | ||||||
Directors current account | 92,140 | 33,028 | ||||||
916,268 | 476,160 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 157,156 | 101,432 | ||||||
VAT | 502,795 | 252,396 | ||||||
PAYE control | 146,585 | 10,645 | ||||||
Salaries and wages control | 33,634 | 24,883 | ||||||
Hire purchase | 129,950 | - | ||||||
Trade creditors | 289,901 | 46,836 | ||||||
Pension schemes | 2,577 | - | ||||||
Accruals | 4,054 | 12,745 | ||||||
1,266,652 | 448,937 | |||||||
Goswell Limited | ||||||||
6. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 30,978 | 18,616 | ||||||
30,978 | 18,616 | |||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||