Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-312023-08-01falseThe principal activity of the company was that of film production.22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09154979 2023-08-01 2024-07-31 09154979 2022-08-01 2023-07-31 09154979 2024-07-31 09154979 2023-07-31 09154979 c:Director1 2023-08-01 2024-07-31 09154979 d:ComputerEquipment 2023-08-01 2024-07-31 09154979 d:ComputerEquipment 2024-07-31 09154979 d:ComputerEquipment 2023-07-31 09154979 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09154979 d:CurrentFinancialInstruments 2024-07-31 09154979 d:CurrentFinancialInstruments 2023-07-31 09154979 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 09154979 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09154979 d:ShareCapital 2024-07-31 09154979 d:ShareCapital 2023-07-31 09154979 d:RetainedEarningsAccumulatedLosses 2024-07-31 09154979 d:RetainedEarningsAccumulatedLosses 2023-07-31 09154979 c:OrdinaryShareClass1 2023-08-01 2024-07-31 09154979 c:OrdinaryShareClass1 2024-07-31 09154979 c:FRS102 2023-08-01 2024-07-31 09154979 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09154979 c:FullAccounts 2023-08-01 2024-07-31 09154979 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09154979 2 2023-08-01 2024-07-31 09154979 e:PoundSterling 2023-08-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09154979














RICHARD GOODWIN LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 JULY 2024

 
RICHARD GOODWIN LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
RICHARD GOODWIN LTD
REGISTERED NUMBER:09154979

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,053
2,388

Current assets
  

Debtors: amounts falling due within one year
 5 
118,352
4,198

Cash at bank and in hand
  
185,984
422,600

  
304,336
426,798

Creditors: amounts falling due within one year
 6 
(117,237)
(97,331)

Net current assets
  
 
 
187,099
 
 
329,467

  

Net assets
  
189,152
331,855


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
189,150
331,853

  
189,152
331,855


Page 1

 
RICHARD GOODWIN LTD
REGISTERED NUMBER:09154979
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R Goodwin
Director

Date: 14 April 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
RICHARD GOODWIN LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Richard Goodwin Limited is a limited liability company registered in England and Wales with its registered office at Flat 43 Elgin Mansions, Elgin Avenue, London, United Kingdom, W9 1JQ.

The principal activity of the company is that of film production.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied
during the period, exclusive of Value Added Tax and trade discounts.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
RICHARD GOODWIN LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

 
2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.


3.


Employees

2024
2023
£
£

Wages and salaries
9,100
18,200

Cost of defined contribution scheme
7,593
4,089

16,693
22,289


The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
RICHARD GOODWIN LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 August 2023
6,375


Additions
349



At 31 July 2024

6,724



Depreciation


At 1 August 2023
3,987


Charge for the year on owned assets
684



At 31 July 2024

4,671



Net book value



At 31 July 2024
2,053



At 31 July 2023
2,388


5.


Debtors

2024
2023
£
£


Trade debtors
2,589
4,198

Other debtors
90,466
-

Prepayments and accrued income
25,297
-

118,352
4,198


Included within other debtors due within one year is a loan to the director, amounting to £90,466 (2023 - £0).



Page 5

 
RICHARD GOODWIN LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
21
-

Taxation and social security
111,307
90,984

Other creditors
1
752

Accruals and deferred income
5,908
5,595

117,237
97,331



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 Ordinary shares of £1 each
2
2


 
Page 6