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REGISTERED NUMBER: 06697503 (England and Wales)
























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: A Venizelos
Mrs G Venizelos



SECRETARY: Mrs G Venizelos



REGISTERED OFFICE: 573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



REGISTERED NUMBER: 06697503 (England and Wales)



ACCOUNTANTS: A K Papadamou & Co
Accountants & Tax Advisors
573 Chester Road
Sutton Coldfield
West Midlands
B73 5HU



BANKERS: Lloyds Bank
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 4,342 5,108
Investment property 5 1,089,000 1,089,000
1,093,342 1,094,108

CURRENT ASSETS
Debtors 6 1,002 1,002
Cash at bank 329,356 266,219
330,358 267,221
CREDITORS
Amounts falling due within one year 7 484,890 478,336
NET CURRENT LIABILITIES (154,532 ) (211,115 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

938,810

882,993

PROVISIONS FOR LIABILITIES 8 66,330 66,476
NET ASSETS 872,480 816,517

CAPITAL AND RESERVES
Called up share capital 1,002 1,002
Fair value reserve 9 356,656 356,656
Retained earnings 9 514,822 458,859
SHAREHOLDERS' FUNDS 872,480 816,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 September 2024 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:





A Venizelos - Director


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 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 30 September 2023
and 29 September 2024 43,063
DEPRECIATION
At 30 September 2023 37,955
Charge for year 766
At 29 September 2024 38,721
NET BOOK VALUE
At 29 September 2024 4,342
At 29 September 2023 5,108

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 30 September 2023
and 29 September 2024 1,089,000
NET BOOK VALUE
At 29 September 2024 1,089,000
At 29 September 2023 1,089,000

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 1,002 1,002

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1 1
Taxation and social security 15,298 10,672
Other creditors 469,591 467,663
484,890 478,336

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 66,476 66,647
Deferred tax (146 ) (171 )
66,330 66,476

Deferred
tax
£   
Balance at 30 September 2023 66,476
Credit to Income Statement during year (146 )
Revaluation in Profit & Loss
Balance at 29 September 2024 66,330

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 458,859 356,656 815,515
Profit for the year 55,963 55,963
At 29 September 2024 514,822 356,656 871,478

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.