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Company Registration No. 06963984 (England and Wales)
GO BEYOND CHALLENGE LIMITED Unaudited accounts for the year ended 31 December 2024
GO BEYOND CHALLENGE LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,600 
4,800 
Tangible assets
9,906 
12,880 
13,506 
17,680 
Current assets
Debtors
4,904 
3,063 
Cash at bank and in hand
53,235 
52,263 
58,139 
55,326 
Creditors: amounts falling due within one year
(43,660)
(38,128)
Net current assets
14,479 
17,198 
Total assets less current liabilities
27,985 
34,878 
Creditors: amounts falling due after more than one year
(8,649)
(14,426)
Provisions for liabilities
Deferred tax
(1,882)
(2,447)
Net assets
17,454 
18,005 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
17,354 
17,905 
Shareholders' funds
17,454 
18,005 
For the year ending 31 December 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 14 July 2025 and were signed on its behalf by
Rachael Hollis Director Company Registration No. 06963984
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GO BEYOND CHALLENGE LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
GO BEYOND CHALLENGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06963984. The registered office is 21 Silver Street, Broughton, Kettering, Northamptonshire, NN14 1PA, England.
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
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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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GO BEYOND CHALLENGE LIMITED Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
12,000 
At 31 December 2024
12,000 
Amortisation
At 1 January 2024
7,200 
Charge for the year
1,200 
At 31 December 2024
8,400 
Net book value
At 31 December 2024
3,600 
At 31 December 2023
4,800 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
14,934 
17,863 
560 
33,357 
At 31 December 2024
14,934 
17,863 
560 
33,357 
Depreciation
At 1 January 2024
10,149 
9,915 
413 
20,477 
Charge for the year
957 
1,987 
30 
2,974 
At 31 December 2024
11,106 
11,902 
443 
23,451 
Net book value
At 31 December 2024
3,828 
5,961 
117 
9,906 
At 31 December 2023
4,785 
7,948 
147 
12,880 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
35 
Accrued income and prepayments
4,904 
3,023 
Other debtors
- 
5 
4,904 
3,063 
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GO BEYOND CHALLENGE LIMITED Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,319 
6,864 
VAT
6,773 
2,499 
Trade creditors
1,636 
278 
Taxes and social security
1,421 
1,544 
Loans from directors
624 
- 
Accruals
675 
- 
Deferred income
26,212 
26,943 
43,660 
38,128 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
8,649 
14,426 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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