THEGOODNET LIMITED

Company Registration Number:
13551979 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

THEGOODNET LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

THEGOODNET LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 9,721 3,838
Tangible assets: 4 4,527 5,914
Total fixed assets: 14,248 9,752
Current assets
Debtors: 5 446,889 509,496
Cash at bank and in hand: 308,491 264,995
Total current assets: 755,380 774,491
Creditors: amounts falling due within one year: 6 (547,326) (264,371)
Net current assets (liabilities): 208,054 510,120
Total assets less current liabilities: 222,302 519,872
Total net assets (liabilities): 222,302 519,872
Capital and reserves
Called up share capital: 1,100,000 1,100,000
Profit and loss account: (877,698) (580,128)
Shareholders funds: 222,302 519,872

The notes form part of these financial statements

THEGOODNET LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 July 2025
and signed on behalf of the board by:

Name: Guy Jones
Status: Director

The notes form part of these financial statements

THEGOODNET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the gross amounts billed to clients for media campaigns together with any commission received and other fees earned on assignments for clients. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates to write off the cost less estimated residual value of each tangible fixed asset over its estimated useful life: Fixtures and Fittings - 20% straight line. Computer Equipment - 20% straight line.

Intangible fixed assets and amortisation policy

Intangible fixed assets are included at cost less amortisation. Amortisation is provided to write off intangible assets over 3 years.

THEGOODNET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

THEGOODNET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 5,757
Additions 11,703
At 31 December 2024 17,460
Amortisation
At 01 January 2024 1,919
Charge for year 5,820
At 31 December 2024 7,739
Net book value
At 31 December 2024 9,721
At 31 December 2023 3,838

THEGOODNET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 8,537
Additions 833
At 31 December 2024 9,370
Depreciation
At 01 January 2024 2,623
Charge for year 2,220
At 31 December 2024 4,843
Net book value
At 31 December 2024 4,527
At 31 December 2023 5,914

THEGOODNET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

THEGOODNET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

2024 2023 VAT 9,071 29,032 Trade Creditors 178,706 121,857 Other Creditors 14,681 17,175 Accruals 304,638 94,423 Deferred Income 38,179 -