GOELST UK LIMITED

Company Registration Number:
02644731 (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

GOELST UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

GOELST UK LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Intangible assets: 3 4,344 0
Tangible assets: 4 9,081 8,067
Total fixed assets: 13,425 8,067
Current assets
Stocks: 206,306 242,043
Debtors:   330,777 321,693
Cash at bank and in hand: 229,668 217,412
Total current assets: 766,751 781,148
Creditors: amounts falling due within one year: 5 (78,341) (120,374)
Net current assets (liabilities): 688,410 660,774
Total assets less current liabilities: 701,835 668,841
Total net assets (liabilities): 701,835 668,841
Capital and reserves
Called up share capital: 5,000 5,000
Profit and loss account: 696,835 663,841
Shareholders funds: 701,835 668,841

The notes form part of these financial statements

GOELST UK 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 05 August 2025
and signed on behalf of the board by:

Name: Mark Reeves
Status: Director

The notes form part of these financial statements

GOELST UK 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

GOELST UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 9 10

GOELST UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 0
Additions 5,713
At 31 December 2024 5,713
Amortisation
At 01 January 2024 0
Charge for year 1,369
At 31 December 2024 1,369
Net book value
At 31 December 2024 4,344
At 31 December 2023 0

GOELST UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 37,608
Additions 5,452
At 31 December 2024 43,060
Depreciation
At 01 January 2024 29,541
Charge for year 4,438
At 31 December 2024 33,979
Net book value
At 31 December 2024 9,081
At 31 December 2023 8,067

GOELST UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Trade Creditors £38,022 Taxation and Social Security £29,297 Accruals and deferred income £9,968 Other creditors £1,054

GOELST UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions

Name of the related party: Scantrac Systems Limited
Relationship:
Subsidiary
Description of the Transaction: The company is a subsiduary of Scantrac Systems Limited, which is the ultimate parent company and controlling party and is registered in England and Wales. The parent company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group quaifies as a small group.
£
Balance at 01 January 2024 216,214
Balance at 31 December 2024 227,515