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Company Registration No. 01776752 (England and Wales)
Golding Timber And Board Merchants Limited Unaudited accounts for the year ended 31 May 2025
Golding Timber And Board Merchants Limited Unaudited accounts Contents
Page
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Golding Timber And Board Merchants Limited Company Information for the year ended 31 May 2025
Director
Christopher James Daw
Secretary
Susan Mary Bull
Company Number
01776752 (England and Wales)
Registered Office
Unit C Moravian Kingswood Bristol BS15 8NF
Accountants
Evans Entwistle Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Golding Timber And Board Merchants Limited for the year ended 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Golding Timber And Board Merchants Limited for the year ended 31 May 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL 23 June 2025
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Golding Timber And Board Merchants Limited Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,619 
- 
Current assets
Inventories
43,146 
53,264 
Debtors
141,984 
146,536 
Cash at bank and in hand
1,266,436 
1,153,277 
1,451,566 
1,353,077 
Creditors: amounts falling due within one year
(229,413)
(237,330)
Net current assets
1,222,153 
1,115,747 
Total assets less current liabilities
1,239,772 
1,115,747 
Provisions for liabilities
Deferred tax
(4,302)
- 
Net assets
1,235,470 
1,115,747 
Capital and reserves
Called up share capital
75 
75 
Capital redemption reserve
25 
25 
Profit and loss account
1,235,370 
1,115,647 
Shareholders' funds
1,235,470 
1,115,747 
For the year ending 31 May 2025 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 23 June 2025 and were signed on its behalf by
Christopher James Daw Director Company Registration No. 01776752
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Golding Timber And Board Merchants Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Golding Timber And Board Merchants Limited is a private company, limited by shares, registered in England and Wales, registration number 01776752. The registered office is Unit C Moravian, Kingswood, Bristol, BS15 8NF.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
4 years straight line
Motor vehicles
7 years straight line
Computer equipment
5 years straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Golding Timber And Board Merchants Limited Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2024
- 
Additions
18,500 
At 31 May 2025
18,500 
Depreciation
Charge for the year
881 
At 31 May 2025
881 
Net book value
At 31 May 2025
17,619 
5
Inventories
2025 
2024 
£ 
£ 
Finished goods
43,146 
53,264 
43,146 
53,264 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
141,984 
138,116 
Other debtors
- 
8,420 
141,984 
146,536 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
14,901 
14,444 
Trade creditors
166,459 
139,228 
Taxes and social security
45,427 
47,299 
Other creditors
626 
12,459 
Loans from directors
- 
21,500 
Accruals
2,000 
2,400 
229,413 
237,330 
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Golding Timber And Board Merchants Limited Notes to the Accounts for the year ended 31 May 2025
8
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
4,302 
- 
2025 
2024 
£ 
£ 
Charged to the profit and loss account
4,302 
- 
Provision at end of year
4,302 
- 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
75 Ordinary shares of £1 each
75 
75 
10
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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