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REGISTERED NUMBER: 14424519 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Goodwill Solutions Icon Innovation
Property Ltd
Goodwill Solutions Icon Innovation
Property Ltd (Registered number: 14424519)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


Goodwill Solutions Icon Innovation
Property Ltd

Company Information
for the year ended 31 December 2024







DIRECTOR: G L Tomkins





REGISTERED OFFICE: 1056 Deer Park Road
Moulton Park
Northampton
Northamptonshire
NN3 6RX





REGISTERED NUMBER: 14424519 (England and Wales)





ACCOUNTANTS: Clifford Roberts
Chartered Accountants
Pacioli House
9 Brookfield
Duncan Close
Northampton
Northamptonshire
NN3 6WL
1
Goodwill Solutions Icon Innovation
Property Ltd (Registered number: 14424519)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 340,861 -
Investments 5 1 1
340,862 1

CURRENT ASSETS
Debtors 6 63,626 25,000
Cash at bank 7,148 -
70,774 25,000
CREDITORS
Amounts falling due within one year 7 400,555 25,000
NET CURRENT LIABILITIES (329,781 ) -
TOTAL ASSETS LESS CURRENT
LIABILITIES
11,081
1

PROVISIONS FOR LIABILITIES 13,801 -
NET (LIABILITIES)/ASSETS (2,720 ) 1

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings (2,721 ) -
SHAREHOLDERS' FUNDS (2,720 ) 1

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 notes form part of these financial statements

2
Goodwill Solutions Icon Innovation
Property Ltd (Registered number: 14424519)

Balance Sheet - continued
31 December 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 4 September 2025 and were signed by:





G L Tomkins - Director


The notes form part of these financial statements

3
Goodwill Solutions Icon Innovation
Property Ltd (Registered number: 14424519)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Goodwill Solutions Icon Innovation Property Ltd 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.

The financial statements are presented in Sterling (£) and cover the period to 31st December each year. The comparative is not entirely comparable as it covers a extended period from incorporation to 31st December, a period for which the company was dormant.

Going Concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Preparation of consolidated financial statements
The financial statements contain information about Goodwill Solutions Icon Innovation Property Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

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 balance sheet date.


4
Goodwill Solutions Icon Innovation
Property Ltd (Registered number: 14424519)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at cost.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
Additions 285,657 10,515 3,110 47,313 346,595
At 31 December 2024 285,657 10,515 3,110 47,313 346,595
DEPRECIATION
Charge for year - 175 432 5,127 5,734
At 31 December 2024 - 175 432 5,127 5,734
NET BOOK VALUE
At 31 December 2024 285,657 10,340 2,678 42,186 340,861

5
Goodwill Solutions Icon Innovation
Property Ltd (Registered number: 14424519)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 1
NET BOOK VALUE
At 31 December 2024 1
At 31 December 2023 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 63,626 25,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 27,113 -
Amounts owed to group undertakings 368,004 25,000
Other creditors 5,438 -
400,555 25,000

8. FINANCIAL RISK MANAGEMENT

The company has some exposure to credit, liquidity and market risks, These risks are limited by the company's financial management policies and practices described below.

Credit risk
The company's exposure and it's customers credit worthiness is continually monitored so that any potential problems are detected at an early stage.

Liquidity risk
The directors have ultimate responsibility for liquidity risk management in maintaining adequate
reserves and banking facilities. Active management of the cash position is undertaken with future cash
flows being reviewed to ensure that resources are available.

Market risk
There is a market risk associated with the fluctuation in demand for the products and services provided. Most of this is mitigated by monitoring the markets for the services provided, and acting accordingly.

The company holds no derivative financial instruments at the year end.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

6
Goodwill Solutions Icon Innovation
Property Ltd (Registered number: 14424519)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

10. ULTIMATE CONTROLLING PARTY

The controlling party is Goodwill Solutions (Holdings) C.I.C., this entity is a private company incorporated in England. The company's registered office address is 1056 Deer Park Road, Moulton Park, Northampton, NN3 6RX.

7