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REGISTERED NUMBER: 06351032 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Goodacre & Townsend Limited

Goodacre & Townsend Limited (Registered number: 06351032)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Goodacre & Townsend Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Ms J Townsend





REGISTERED OFFICE: 5 Friars Courtyard
30-32 Princes Street
Ipswich
IP1 1RJ





REGISTERED NUMBER: 06351032 (England and Wales)






Goodacre & Townsend Limited (Registered number: 06351032)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,696 3,049

CURRENT ASSETS
Debtors 5 225,665 210,207
Cash at bank 212,807 258,042
438,472 468,249
CREDITORS
Amounts falling due within one year 6 463,062 493,372
NET CURRENT LIABILITIES (24,590 ) (25,123 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(21,894

)

(22,074

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (21,994 ) (22,174 )
SHAREHOLDERS' FUNDS (21,894 ) (22,074 )

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

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

The director acknowledges her 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.

Goodacre & Townsend Limited (Registered number: 06351032)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:





Ms J Townsend - Director


Goodacre & Townsend Limited (Registered number: 06351032)

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

1. STATUTORY INFORMATION

Goodacre & Townsend 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.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax. Sales are recognised in the accounts once clients have departed.

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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 4 (2023 - 4 ) .

Goodacre & Townsend Limited (Registered number: 06351032)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023 3,303 13,271 16,574
Additions 545 - 545
At 31 May 2024 3,848 13,271 17,119
DEPRECIATION
At 1 June 2023 2,203 11,322 13,525
Charge for year 411 487 898
At 31 May 2024 2,614 11,809 14,423
NET BOOK VALUE
At 31 May 2024 1,234 1,462 2,696
At 31 May 2023 1,100 1,949 3,049

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 216,378 201,450
Other debtors 9,287 8,757
225,665 210,207

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 23,333 33,333
Trade creditors 393,539 337,799
Taxation and social security 1,955 2,961
Other creditors 44,235 119,279
463,062 493,372

7. RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed a related company £24,000 (2023: £28,000).