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REGISTERED NUMBER: 11986389 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Godolphin Minerals Limited

Godolphin Minerals Limited (Registered number: 11986389)






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 3


Godolphin Minerals Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: M E Thompson
D Lilley





SECRETARY: B Harber





REGISTERED OFFICE: 6th Floor 60 Gracechurch Street
London
EC3V 0HR





REGISTERED NUMBER: 11986389 (England and Wales)





ACCOUNTANTS: Cantelowes Ltd
4th Floor
20 Aldermanbury
London
EC2V 7HY

Godolphin Minerals Limited (Registered number: 11986389)

Statement of Financial Position
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 1,104,294 1,144,801
1,104,294 1,144,801

CURRENT ASSETS
Debtors 6 30,708 10,127
Cash at bank 21,165 139,871
51,873 149,998
CREDITORS
Amounts falling due within one year 7 1,049,870 1,133,773
NET CURRENT LIABILITIES (997,997 ) (983,775 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

106,297

161,026

CAPITAL AND RESERVES
Called up share capital 17,660 16,660
Share premium 800,466 686,466
Retained earnings (711,829 ) (542,100 )
106,297 161,026

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 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.

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 26 August 2025 and were signed on its behalf by:





M E Thompson - Director


Godolphin Minerals Limited (Registered number: 11986389)

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

1. STATUTORY INFORMATION

Godolphin Minerals 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

3. EMPLOYEES AND DIRECTORS

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

Godolphin Minerals Limited (Registered number: 11986389)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 1,028
Disposals (1,028 )
At 30 November 2024 -
DEPRECIATION
At 1 December 2023 1,028
Eliminated on disposal (1,028 )
At 30 November 2024 -
NET BOOK VALUE
At 30 November 2024 -

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 December 2023 256,500 888,301 1,144,801
Disposals - (40,507 ) (40,507 )
At 30 November 2024 256,500 847,794 1,104,294
NET BOOK VALUE
At 30 November 2024 256,500 847,794 1,104,294
At 30 November 2023 256,500 888,301 1,144,801

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,000 -
Other debtors 5,708 10,127
30,708 10,127

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 18,102 -
Amounts owed to group undertakings 88 25,088
Amounts owed to participating interests 1,030,650 890,000
Taxation and social security (1,146 ) -
Other creditors 2,176 218,685
1,049,870 1,133,773