1 January 2024 v2025.63.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP070925752024-01-012024-12-31070925752024-12-3107092575bus:Director12024-01-012024-12-3107092575bus:RegisteredOffice2024-01-012024-12-31070925752023-01-012023-12-3107092575core:RetainedEarningsAccumulatedLosses2024-01-0107092575core:RetainedEarningsAccumulatedLosses2023-01-0107092575core:RetainedEarningsAccumulatedLosses2023-01-012023-12-3107092575core:RetainedEarningsAccumulatedLosses2024-12-3107092575core:RetainedEarningsAccumulatedLosses2023-12-31070925752023-12-3107092575core:WithinOneYear2024-12-3107092575core:WithinOneYear2023-12-3107092575core:ShareCapital2024-12-3107092575core:ShareCapital2023-12-310709257512024-01-012024-12-3107092575countries:EnglandWales2024-01-012024-12-3107092575bus:AuditExemptWithAccountantsReport2024-01-012024-12-3107092575bus:PrivateLimitedCompanyLtd2024-01-012024-12-3107092575bus:SmallEntities2024-01-012024-12-3107092575bus:FullAccounts2024-01-012024-12-31
Company registration number:
07092575
Godswill Ltd
Unaudited Financial Statements for the year ended
31 December 2024
Godswill Ltd
Officers and Professional Advisers
Year ended
31 December 2024
Director
Mr J Omini
Registered office
13 Maplewood House
Bolton
BL1 3NS
England
Accountant
KAYAJ&CO LTD
34 Padbury WayLancashire
Bolton
Greater Manchester
BL2 5DQ
United Kingdom
Godswill Ltd
Director's Report
Year ended
31 December 2024
The director presents the report and the unaudited
financial statements
of the company for the year ended 31 December 2024.

Directors

The director who served the company during the year was follows:
Mr J Omini

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
17 September 2025
and signed on behalf of the board by:
Mr J Omini
Director
Godswill Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Godswill Ltd
Year ended
31 December 2024
As described on the statement of financial position, the Board of Directors of
Godswill Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 December 2024
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
KAYAJ&CO LTD
34 Padbury WayLancashire
Bolton
Greater Manchester
BL2 5DQ
United Kingdom
Date:
17 September 2025
Godswill Ltd
Income Statement
Year ended
31 December 2024
20242023
££
Turnover
34,478
 
60,117
 
Gross profit
34,478
 
60,117
 
Administrative expenses
(34,693
 )
(42,636
 )
Operating (loss)/profit
(215
 )
17,481
 
(Loss)/profit before tax
(215
 )
17,481
 
Tax on (loss)/profit -  
(3,321
 )
(Loss)/profit for the financial year
(215
 )
14,160
 
The company has no other recognised items of income or expense other than the results for the year as set out above.
Godswill Ltd
Statement of Income and Retained Earnings
Year ended
31 December 2024
20242023
££
Retained earnings at the start of the year
118
 
(42
 )
(Loss)/profit for the financial year
(215
 )
14,160
 
Dividends declared and paid or payable during the year -  
(14,000
 )
Retained earnings at the end of the year
(97
 )
118
 
Godswill Ltd
Statement of Financial Position
31 December 2024
20242023
Note££
Current assets    
Debtors 5
3,751
 
1,520
 
Cash at bank and in hand
(28
 )
2,419
 
3,723
 
3,939
 
Creditors: amounts falling due within one year 6
(3,720
 )
(3,721
 )
Net current assets
3
 
218
 
Total assets less current liabilities 3   218  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
(97
 )
118
 
Shareholders funds
3
 
218
 
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.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
17 September 2025
, and are signed on behalf of the board by:
Mr J Omini
Director
Company registration number:
07092575
Godswill Ltd
Notes to the Financial Statements
Year ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
13 Maplewood House
,
Bolton
,
BL1 3NS
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1
).

5 Debtors

20242023
££
Trade debtors -  
1,520
 
Other debtors
3,751
  -  
3,751
 
1,520
 

6 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
3,320
 
3,321
 
Other creditors
400
 
400
 
3,720
 
3,721