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REGISTERED NUMBER: 02900597 (England and Wales)















ALLIED GODWIN DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024






ALLIED GODWIN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02900597)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ALLIED GODWIN DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTOR: Mr T. Doss





SECRETARY: Mrs E Doss





REGISTERED OFFICE: Second Floor
34 Lime Street
London
EC3M 7AT





REGISTERED NUMBER: 02900597 (England and Wales)





ACCOUNTANTS: Carston ETL
Chartered Accountants
Second Floor
34 Lime Street
London
EC3M 7AT

ALLIED GODWIN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02900597)

STATEMENT OF FINANCIAL POSITION
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,292 1,615
Investments 5 2,610,000 2,820,000
2,611,292 2,821,615

CURRENT ASSETS
Stocks - 455,503
Debtors 6 30,040 30,032
Cash at bank 3,295,148 2,759,048
3,325,188 3,244,583
CREDITORS
Amounts falling due within one year 7 39,053 121,943
NET CURRENT ASSETS 3,286,135 3,122,640
TOTAL ASSETS LESS CURRENT LIABILITIES 5,897,427 5,944,255

CREDITORS
Amounts falling due after more than one year 8 4,000,000 4,000,000
NET ASSETS 1,897,427 1,944,255

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,897,327 1,944,155
SHAREHOLDERS' FUNDS 1,897,427 1,944,255

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

ALLIED GODWIN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02900597)

STATEMENT OF FINANCIAL POSITION - continued
31ST 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th July 2025 and were signed by:





Mr T Doss - Director


ALLIED GODWIN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02900597)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. STATUTORY INFORMATION

Allied Godwin Developments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

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 net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from sales of services is recognised by reference to the stage of completion at the balance sheet date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
The cost of the freehold property and all the associated costs related to the development of the property are shown as stocks.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

ALLIED GODWIN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02900597)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st January 2024
and 31st December 2024 2,867 2,549 5,416
DEPRECIATION
At 1st January 2024 2,867 934 3,801
Charge for year - 323 323
At 31st December 2024 2,867 1,257 4,124
NET BOOK VALUE
At 31st December 2024 - 1,292 1,292
At 31st December 2023 - 1,615 1,615

5. FIXED ASSET INVESTMENTS
Interest
in joint
venture
£   
COST
At 1st January 2024 2,820,000
Additions 610,000
Disposals (820,000 )
At 31st December 2024 2,610,000
NET BOOK VALUE
At 31st December 2024 2,610,000
At 31st December 2023 2,820,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 30,040 30,032

ALLIED GODWIN DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02900597)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 34,459 106,274
Other creditors 4,594 15,669
39,053 121,943

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 4,000,000 4,000,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 4,000,000 4,000,000

9. RELATED PARTY DISCLOSURES

Tarek Doss, the director provided a zero coupon unsecured loan note of £4,000,000 repayable on 31 January 2030.