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REGISTERED NUMBER: 04581791 (England and Wales)















Goldweb Investments Limited

Unaudited Financial Statements for the Year Ended 30 November 2024






Goldweb Investments Limited (Registered number: 04581791)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Goldweb Investments Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: P J Taylor





REGISTERED OFFICE: 3 - 5 London Road
Rainham
Gillingham
Kent
ME8 7RG





BUSINESS ADDRESS: 22 North Frith Park
Hadlow
Tonbridge
Kent
TN11 9QW





REGISTERED NUMBER: 04581791 (England and Wales)





ACCOUNTANTS: Aggarwal & Co
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

Goldweb Investments Limited (Registered number: 04581791)

Statement of Financial Position
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 83,312 102,096
Investment property 5 1,900,000 1,900,000
1,983,312 2,002,096

CURRENT ASSETS
Debtors 6 172,390 159,707
Cash at bank 23,022 319,478
195,412 479,185
CREDITORS
Amounts falling due within one year 7 1,412,463 1,302,589
NET CURRENT LIABILITIES (1,217,051 ) (823,404 )
TOTAL ASSETS LESS CURRENT LIABILITIES 766,261 1,178,692

CREDITORS
Amounts falling due after more than one
year

8

-

(422,071

)

PROVISIONS FOR LIABILITIES (15,829 ) (19,398 )
NET ASSETS 750,432 737,223

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Fair value reserve 201,414 201,414
Retained earnings 529,018 515,809
SHAREHOLDERS' FUNDS 750,432 737,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Goldweb Investments Limited (Registered number: 04581791)

Statement of Financial Position - continued
30 November 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 director and authorised for issue on 11 April 2025 and were signed by:





P J Taylor - Director


Goldweb Investments Limited (Registered number: 04581791)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Goldweb Investments 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 (£).


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.

Income recognition
Turnover represents dividends and rentals received from investments.

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.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Investment property
Investment property is included at fair value. Gains are recognised in the income statement and shown in a fair value reserve. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Goldweb Investments Limited (Registered number: 04581791)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 354,596
Additions 2,235
At 30 November 2024 356,831
DEPRECIATION
At 1 December 2023 252,500
Charge for year 21,019
At 30 November 2024 273,519
NET BOOK VALUE
At 30 November 2024 83,312
At 30 November 2023 102,096

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 1,900,000
NET BOOK VALUE
At 30 November 2024 1,900,000
At 30 November 2023 1,900,000

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2024 1,900,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 39,290 43,207
Other debtors 133,100 116,500
172,390 159,707

Goldweb Investments Limited (Registered number: 04581791)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 56,000
Trade creditors 941 7,227
Taxation and social security 90,809 80,507
Other creditors 1,320,713 1,158,855
1,412,463 1,302,589

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 422,071

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 478,071

Santander UK plc hold fixed and floating charges over all the company's property and assets. This has been discharged with repayment of the facility this year.