1 January 2024 false No description of principal activity Taxfiler 2024.6 05292047business:PrivateLimitedCompanyLtd2024-01-012024-12-31 052920472023-12-31 052920472024-01-012024-12-31 05292047business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 05292047business:FilletedAccounts2024-01-012024-12-31 052920472024-12-31 052920472023-12-31 05292047core:WithinOneYear2024-12-31 05292047core:WithinOneYear2023-12-31 05292047core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 05292047core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 05292047core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 05292047core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 05292047core:PreviouslyStatedAmount2024-12-31 05292047core:PreviouslyStatedAmount2023-12-31 05292047business:SmallEntities2024-01-012024-12-31 05292047business:Director22024-01-012024-12-31 05292047countries:EnglandWales2024-01-012024-12-31 05292047business:RegisteredOffice2024-01-012024-12-31 05292047core:PlantMachinery2024-01-012024-12-31 05292047core:MotorVehicles2024-01-012024-12-31 05292047core:FurnitureFittings2024-01-012024-12-31 05292047core:ComputerEquipment2024-01-012024-12-31 05292047core:LandBuildings2023-12-31 05292047core:PlantMachinery2023-12-31 05292047core:MotorVehicles2023-12-31 05292047core:FurnitureFittings2023-12-31 05292047core:ComputerEquipment2023-12-31 05292047core:LandBuildings2024-01-012024-12-31 05292047core:LandBuildings2024-12-31 05292047core:PlantMachinery2024-12-31 05292047core:MotorVehicles2024-12-31 05292047core:FurnitureFittings2024-12-31 05292047core:ComputerEquipment2024-12-31 052920472023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05292047 (England and Wales)
I. D. GODDEN & CO LIMITED Unaudited accounts for the year ended 31 December 2024
I. D. GODDEN & CO LIMITED Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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I. D. GODDEN & CO LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
258,037 
241,572 
Current assets
Inventories
2,500 
2,500 
Debtors
5
38,262 
69,806 
Cash at bank and in hand
691,296 
560,291 
732,058 
632,597 
Creditors: amounts falling due within one year
6
(187,332)
(164,866)
Net current assets
544,726 
467,731 
Total assets less current liabilities
802,763 
709,303 
Provisions for liabilities
Deferred tax
(19,586)
(14,554)
Net assets
783,177 
694,749 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
783,173 
694,745 
Shareholders' funds
783,177 
694,749 
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 17 September 2025 and were signed on its behalf by
Ivor GODDEN Director Company Registration No. 05292047
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I. D. GODDEN & CO LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
I. D. GODDEN & CO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05292047. The registered office is THE BUNGALOW, , WITNEY, OX29 6XE, 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.
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
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
Stock
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell.
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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I. D. GODDEN & CO LIMITED Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
179,692 
5,251 
126,384 
1,200 
13,970 
326,497 
Additions
- 
- 
44,999 
- 
- 
44,999 
Disposals
- 
- 
(33,280)
- 
- 
(33,280)
At 31 December 2024
179,692 
5,251 
138,103 
1,200 
13,970 
338,216 
Depreciation
At 1 January 2024
- 
3,878 
68,865 
694 
11,488 
84,925 
Charge for the year
- 
344 
25,026 
127 
620 
26,117 
On disposals
- 
- 
(30,863)
- 
- 
(30,863)
At 31 December 2024
- 
4,222 
63,028 
821 
12,108 
80,179 
Net book value
At 31 December 2024
179,692 
1,029 
75,075 
379 
1,862 
258,037 
At 31 December 2023
179,692 
1,373 
57,519 
506 
2,482 
241,572 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,734 
65,326 
Accrued income and prepayments
5,528 
4,480 
38,262 
69,806 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
26,160 
29,595 
Trade creditors
48,348 
25,433 
Taxes and social security
89,274 
87,774 
Other creditors
2,954 
1,981 
Loans from directors
16,616 
16,183 
Accruals
3,980 
3,900 
187,332 
164,866 
7
Average number of employees
During the year the average number of employees was 13 (2023: 13).
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