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REGISTERED NUMBER: 01667276 (England and Wales)

















Unaudited Financial Statements

for the Period

1 April 2024 to 30 November 2024

for

Goldstand Limited

Goldstand Limited (Registered number: 01667276)






Contents of the Financial Statements
for the Period 1 April 2024 to 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Goldstand Limited

Company Information
for the Period 1 April 2024 to 30 November 2024







DIRECTOR: Mr Z J Jooyandeh





REGISTERED OFFICE: 393 Wilmslow Road
Manchester
M20 4WA





REGISTERED NUMBER: 01667276 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR

Goldstand Limited (Registered number: 01667276)

Balance Sheet
30 November 2024

2024 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 281
Investment property 5 5,000,000 1,848,607
5,000,000 1,848,888

CURRENT ASSETS
Debtors 6 575,914 608,803
Cash at bank and in hand 7,992 11,809
583,906 620,612
CREDITORS
Amounts falling due within one year 7 (50,749 ) (69,290 )
NET CURRENT ASSETS 533,157 551,322
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,533,157

2,400,210

CREDITORS
Amounts falling due after more than one year 8 (506,375 ) (509,375 )

PROVISIONS FOR LIABILITIES 11 (1,037,848 ) (250,070 )
NET ASSETS 3,988,934 1,640,765

CAPITAL AND RESERVES
Called up share capital 755 755
Revaluation reserve 12 3,113,544 999,999
Retained earnings 874,635 640,011
SHAREHOLDERS' FUNDS 3,988,934 1,640,765

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

Goldstand Limited (Registered number: 01667276)

Balance Sheet - 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 29 August 2025 and were signed by:





Mr Z J Jooyandeh - Director


Goldstand Limited (Registered number: 01667276)

Notes to the Financial Statements
for the Period 1 April 2024 to 30 November 2024

1. STATUTORY INFORMATION

Goldstand 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced rental income, excluding VAT. Rent invoiced is matched to the period to which the rent relates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Buildings are not depreciated due to the high maintenance and improvement expenditure.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2024
and 30 November 2024 1,125
DEPRECIATION
At 1 April 2024 844
Charge for period 281
At 30 November 2024 1,125
NET BOOK VALUE
At 30 November 2024 -
At 31 March 2024 281

All improvement cost for the freehold property incurred subsequent to the revaluation have been capitalised as improvements to property.

Goldstand Limited (Registered number: 01667276)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 30 November 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 1,848,607
Revaluations 3,151,393
At 30 November 2024 5,000,000
NET BOOK VALUE
At 30 November 2024 5,000,000
At 31 March 2024 1,848,607

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2011 999,999
Valuation in 2024 3,151,393
Cost 848,608
5,000,000

Investment property was valued on open market basis on 30 November 2024 by directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Related party 575,914 608,803

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Bank loans and overdrafts (see note 9) 4,875 4,875
Trade creditors - 2,372
Tax 41,193 59,523
Accrued expenses 4,681 2,520
50,749 69,290

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2024
£    £   
Bank loans (see note 9) 506,375 509,375

Goldstand Limited (Registered number: 01667276)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 30 November 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2024
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 500,000 500,000

9. LOANS

Bank loans are initially measured at cost.

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2024
£    £   
Bank loans 511,250 514,250

The loans ais secured against the property being mortgaged.

11. PROVISIONS FOR LIABILITIES
2024 2024
£    £   
Deferred tax 1,037,848 250,070

Deferred
tax
£   
Balance at 1 April 2024 250,070
Accelerated capital allowances
Revaluation on investment 787,778
property
Balance at 30 November 2024 1,037,848

12. RESERVES
Revaluation
reserve
£   
At 1 April 2024 999,999
Revaluation reserves 2,113,545

At 30 November 2024 3,113,544

Goldstand Limited (Registered number: 01667276)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 30 November 2024

13. OTHER FINANCIAL COMMITMENTS

The company had outstanding commitments in respect of bank loans as at 30th November 2024 of £511,250 (31st March 2024: £514,250).

14. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 November 2024 and the year ended 31 March 2024:

2024 2024
£    £   
Mr Z J Jooyandeh
Balance outstanding at start of period - -
Amounts advanced 68,911 -
Amounts repaid (68,911 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - -

15. RELATED PARTY DISCLOSURES

Drop Inn Hotel Limited

A company in which Mr Z J Jooyandeh is a shareholder


2024 2024
£    £   
Amount due from related party at the balance sheet date 60,397 62,519

Ziggy Six Limited

A company in which Mr Z J Jooyandeh is a shareholder


2024 2024
£    £   
Amount due from related party at the balance sheet date 51,517 546,214

16. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Z J Jooyandeh.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Goldstand Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Goldstand Limited for the period ended 30 November 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Goldstand Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Goldstand Limited and state those matters that we have agreed to state to the director of Goldstand Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Goldstand Limited and its director for our work or for this report.

It is your duty to ensure that Goldstand Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Goldstand Limited. You consider that Goldstand Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Goldstand Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR


Date: .............................................