Company Registration No. 09385162 (England and Wales)
Godfrey Group Facilities Limited
Unaudited accounts
for the year ended 31 December 2024
Godfrey Group Facilities Limited
Unaudited accounts
Contents
Godfrey Group Facilities Limited
Company Information
for the year ended 31 December 2024
Company Number
09385162 (England and Wales)
Registered Office
Pool Park Estate
Pool Park
Ruthin
Clwyd
LL15 2LW
Wales
Godfrey Group Facilities Limited
Statement of financial position
as at 31 December 2024
Tangible assets
1,113,479
1,089,581
Investment property
150,665
-
Investments
286,103
64,661
Cash at bank and in hand
914,150
884,722
Creditors: amounts falling due within one year
(796,107)
(617,320)
Net current assets
412,618
494,202
Total assets less current liabilities
1,962,865
1,648,444
Creditors: amounts falling due after more than one year
(806,775)
(831,234)
Provisions for liabilities
Deferred tax
(5,089)
(5,089)
Net assets
1,151,001
812,121
Called up share capital
2
2
Profit and loss account
1,150,999
812,119
Shareholders' funds
1,151,001
812,121
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 director acknowledges his 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 the year in accordance with Section 444(2A).
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 and authorised for issue on 31 July 2025 and were signed on its behalf by
Andrew Godfrey
Director
Company Registration No. 09385162
Godfrey Group Facilities Limited
Notes to the Accounts
for the year ended 31 December 2024
Godfrey Group Facilities Limited is a private company, limited by shares, registered in England and Wales, registration number 09385162. The registered office is Pool Park Estate, Pool Park, Ruthin, Clwyd, LL15 2LW, Wales.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Other tangible fixed assets
5% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
Godfrey Group Facilities Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Total
At 1 January 2024
1,113,811
At 31 December 2024
1,151,197
Charge for the year
19,006
At 31 December 2024
37,718
At 31 December 2024
1,113,479
At 31 December 2023
1,089,581
5
Average number of employees
During the year the average number of employees was 192 (2023: 199).