REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 29 September 2024 |
for |
GOODYS PROPERTIES LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 29 September 2024 |
for |
GOODYS PROPERTIES LIMITED |
GOODYS PROPERTIES LIMITED (REGISTERED NUMBER: 06697503) |
Contents of the Financial Statements |
for the Year Ended 29 September 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
GOODYS PROPERTIES LIMITED |
Company Information |
for the Year Ended 29 September 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Accountants & Tax Advisors |
573 Chester Road |
Sutton Coldfield |
West Midlands |
B73 5HU |
BANKERS: |
25 Gresham Street |
London |
EC2V 7HN |
GOODYS PROPERTIES LIMITED (REGISTERED NUMBER: 06697503) |
Statement of Financial Position |
29 September 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 8 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 9 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
GOODYS PROPERTIES LIMITED (REGISTERED NUMBER: 06697503) |
Statement of Financial Position - continued |
29 September 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
GOODYS PROPERTIES LIMITED (REGISTERED NUMBER: 06697503) |
Notes to the Financial Statements |
for the Year Ended 29 September 2024 |
1. | STATUTORY INFORMATION |
Goodys Properties Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery etc | - |
Investment property |
Investment property is shown at most recent valuation.Any aggregate surplus or deficit arising to be transferred to a revaluation reserve. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 30 September 2023 |
and 29 September 2024 |
DEPRECIATION |
At 30 September 2023 |
Charge for year |
At 29 September 2024 |
NET BOOK VALUE |
At 29 September 2024 |
At 29 September 2023 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 30 September 2023 |
and 29 September 2024 |
NET BOOK VALUE |
At 29 September 2024 |
At 29 September 2023 |
GOODYS PROPERTIES LIMITED (REGISTERED NUMBER: 06697503) |
Notes to the Financial Statements - continued |
for the Year Ended 29 September 2024 |
5. | INVESTMENT PROPERTY - continued |
Fair value at 29 September 2024 is represented by: |
£ |
Valuation in 2017 | 129,755 |
Valuation in 2021 | 193,406 |
Valuation in 2022 | 99,000 |
Cost | 666,839 |
1,089,000 |
If Investment property had not been revalued it would have been included at the following historical cost: |
2024 | 2023 |
£ | £ |
Cost | 666,839 | 666,839 |
Investment property was valued on an open market basis on 30 September 2022 by Directors. . |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
8. | PROVISIONS FOR LIABILITIES |
2024 | 2023 |
£ | £ |
Deferred tax |
Accelerated capital allowances |
Deferred tax | (146 | ) | (171 | ) |
66,330 | 66,476 |
Deferred |
tax |
£ |
Balance at 30 September 2023 |
Credit to Income Statement during year | ( |
) |
Revaluation in Profit & Loss |
Balance at 29 September 2024 |
GOODYS PROPERTIES LIMITED (REGISTERED NUMBER: 06697503) |
Notes to the Financial Statements - continued |
for the Year Ended 29 September 2024 |
9. | RESERVES |
Fair |
Retained | value |
earnings | reserve | Totals |
£ | £ | £ |
At 30 September 2023 | 815,515 |
Profit for the year |
At 29 September 2024 | 871,478 |
10. | RELATED PARTY DISCLOSURES |
Goodys Fishbars Limited |
An associated company for taxation |
A loan subsists between the two companies,and at the balance sheet date the sum of £357,930 (2023,£357,930) was owed by Goodys properties Limited to Goodys Fishbars Limited. |
Mr A & Mrs G Venizelos |
Company Directors |
2024 | 2023 |
£ | £ |
Amount due ot related party at the balance sheet date | 97,853 | 97,969 |
11. | ULTIMATE CONTROLLING PARTY |
The company is under the direct control of Mr & Mrs Venizelos, company directors. |