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REGISTERED NUMBER: 12635727 (England and Wales)














Financial Statements for the Period 1 April 2024 to 31 December 2024

for

Goldbridge Group Ltd

Goldbridge Group Ltd (Registered number: 12635727)






Contents of the Financial Statements
for the Period 1 April 2024 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Goldbridge Group Ltd

Company Information
for the Period 1 April 2024 to 31 December 2024







DIRECTOR: Mr M M Abubakar





REGISTERED OFFICE: 11 Gwendoline Avenue
Forest Gate
London
E13 0RF





REGISTERED NUMBER: 12635727 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Goldbridge Group Ltd (Registered number: 12635727)

Balance Sheet
31 December 2024

31.12.24 31.3.24
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,532 3,325
Investments 5 - 1,000
4,532 4,325

CURRENT ASSETS
Stocks - 32,500
Debtors 6 69,962 12,623
Cash at bank 6,884 104,436
76,846 149,559
CREDITORS
Amounts falling due within one year 7 (98,133 ) (106,137 )
NET CURRENT (LIABILITIES)/ASSETS (21,287 ) 43,422
TOTAL ASSETS LESS CURRENT LIABILITIES (16,755 ) 47,747

CREDITORS
Amounts falling due after more than one year 8 (8,745 ) -
NET (LIABILITIES)/ASSETS (25,500 ) 47,747

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (25,502 ) 47,745
(25,500 ) 47,747

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

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

The director acknowledges his 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.

Goldbridge Group Ltd (Registered number: 12635727)

Balance Sheet - continued
31 December 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 19 June 2025 and were signed by:





Mr M M Abubakar - Director


Goldbridge Group Ltd (Registered number: 12635727)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 December 2024

1. STATUTORY INFORMATION

Goldbridge Group Ltd 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 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 each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Goin concern
The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

Goldbridge Group Ltd (Registered number: 12635727)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024 2,390 7,082 9,472
Additions - 5,218 5,218
Disposals (1,911 ) - (1,911 )
At 31 December 2024 479 12,300 12,779
DEPRECIATION
At 1 April 2024 932 5,215 6,147
Charge for period 97 2,816 2,913
Eliminated on disposal (813 ) - (813 )
At 31 December 2024 216 8,031 8,247
NET BOOK VALUE
At 31 December 2024 263 4,269 4,532
At 31 March 2024 1,458 1,867 3,325

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2024 1,000
Disposals (1,000 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 March 2024 1,000

Goldbridge Group Ltd (Registered number: 12635727)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.3.24
£    £   
Trade debtors 43,381 10,258
Other debtors 26,581 2,365
69,962 12,623

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.3.24
£    £   
Trade creditors 55,401 18,897
Taxation and social security 30,693 24,119
Other creditors 12,039 63,121
98,133 106,137

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.3.24
£    £   
Other creditors 8,745 -

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024 and the year ended 31 March 2024:

31.12.24 31.3.24
£    £   
Mr M M Abubakar
Balance outstanding at start of period (432 ) -
Amounts advanced 19,411 (432 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 18,979 (432 )