The Goodall Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04188297 (England and Wales)

The Goodall Group Limited

Unaudited Financial Statements

For The Year Ended 31 December 2024

Page

Company Information

1

Chartered Accountants' Report

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

J R Goodall

REGISTERED OFFICE:

2 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

REGISTERED NUMBER:

04188297 (England and Wales)

ACCOUNTANTS:

Ingham & Co.

Chartered Accountants

George Stanley House

2 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

BANKERS:

Handelsbanken

2 Manor Court

Manor Garth

Eastfield

Scarborough

North Yorkshire

YO11 3TU

SOLICITORS:

Raworths LLP

Eton House

89 Station Parade

Harrogate

North Yorkshire

HG1 1HF

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 The Goodall Group Limited for the year ended 31 December 2024 which comprise the Income Statement, Abridged 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 The Goodall Group Limited in accordance with the terms of our engagement letter dated 13 September 2019. Our work has been undertaken solely to prepare for your approval the financial statements of The Goodall Group Limited and state those matters that we have agreed to state to the director of The Goodall Group 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 The Goodall Group Limited and its director for our work or for this report.

It is your duty to ensure that The Goodall Group 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 The Goodall Group Limited. You consider that The Goodall Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Goodall Group 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.

Ingham & Co.

Chartered Accountants

George Stanley House

2 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

11 September 2025

FIXED ASSETS

Tangible assets

4

3,090

3,430

Investments

5

2,804,290

2,807,380

2,807,720

CURRENT ASSETS

Debtors

10,337,860

10,253,967

Cash at bank

8,800

13,298

10,346,660

10,267,265

CREDITORS

Amounts falling due within one year

64,771

16,549

NET CURRENT ASSETS

10,281,889

10,250,716

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,089,269

13,058,436

PROVISIONS FOR LIABILITIES

6

773

858

NET ASSETS

13,088,496

13,057,578

CAPITAL AND RESERVES

Called up share capital

7

1,000

Share premium

8

7,519,006

Retained earnings

8

5,568,490

5,537,572

SHAREHOLDERS' FUNDS

13,088,496

13,057,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 September 2025 and were signed by:

J R Goodall - Director

1.	STATUTORY INFORMATION

The Goodall Group 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.

Turnover

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

Investments in subsidiaries

Investment in subsidiary undertakings are recognised at cost less any provision for impairment in their realisable value.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Group financial statements

The financial statements present information about the company as an individual undertaking only, and not about its group. Group financial statements are not required as the group qualifies as a small group under section 398 of the Companies Act 2006.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

20,477

Additions

747

At 31 December 2024

21,224

DEPRECIATION

At 1 January 2024

17,047

Charge for year

1,087

At 31 December 2024

18,134

NET BOOK VALUE

At 31 December 2024

3,090

At 31 December 2023

3,430

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2024

and 31 December 2024

2,804,290

NET BOOK VALUE

At 31 December 2024

2,804,290

At 31 December 2023

2,804,290

The company's investments at the balance sheet date in the share capital of unlisted companies include the following:

2024

2023

Company Name

Aggregate
Capital and
Reserves

Profit/(Loss)
for the year

Aggregate
Capital and
Reserves

Profit/(Loss)
for the year

£

Alvercroft Limited

3,463,641

126,352

3,337,289

69,876

Dusrolbake Limited

169,269

(312,737

)

482,006

458,500

Ipcrest Properties Limited

(10,141

)

(600

)

(9,541

)

481

Yorkshire Coast Property
Management Limited

423

15,710

(15,287

)

(14,859

)

The company holds 100% of the Ordinary share capital of each of the above companies which are all property development and investment companies.

6.	PROVISIONS FOR LIABILITIES

2024

2023

£

Deferred tax

Accelerated capital allowances

773

858

Deferred

tax

Annuity

£

Balance at 1 January 2024

858

-

Credit to Income Statement during year

(85

)

-

Balance at 31 December 2024

773

-

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

1,000

Ordinary

£1

1,000

8.

RESERVES

Retained

Share

earnings

premium

Totals

£

At 1 January 2024

5,537,572

7,519,006

13,056,578

Profit for the year

60,918

Dividends

(30,000

)

(30,000

)

At 31 December 2024

5,568,490

7,519,006

13,087,496

9.	CONTINGENT LIABILITIES

The company has entered into a legal mortgage in respect of its freehold investment properties, against bank facilities granted by the company's bankers to Dusrolbake Limited and Alvercroft Limited. The total loans and overdrawn balances of Dusrolbake Limited and Alvercroft Limited at 31 December 2024 was £2,290,174 (2023 - 2,308,332). The directors do not anticipate any claims being made under the guarantee.

10.	RELATED PARTY DISCLOSURES

Alvercroft Limited

2024

2023

£

Amount due from related party

1,694,003

1,826,239

Dusrolbake Limited

2024

2023

£

Amount due from related party

7,844,293

7,672,864

The company wrote off £500,000 of the amount due from Dusrolbake Limited.

Ipcrest Properties Limited

2024

2023

£

Amount due from related party

799,520

754,820

Yorkshire Coast Property Management Limited

2024

2023

£

Amount due to related party

(53,318

)

(2,481

)

Mr J R Goodall

2024

2023

£

Amount due to related party

147

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs J M Goodall, J R Goodall and AW Ingham.

Mrs J M Goodall, J R Goodall and A W Ingham control the shares in The Goodall Group Limited in their capacity as trustees of the life interest settlement for the benefit of J R Goodall.