REGISTERED NUMBER: 11752854 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Goose Bay Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs I James

R I James

REGISTERED OFFICE:

33 Gorsehill Road

Poole

Dorset

BH15 3QH

REGISTERED NUMBER:

11752854 (England and Wales)

ACCOUNTANTS:

Dolman's Chartered Accountants

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

FIXED ASSETS

Tangible assets

4

10,340

1,017

CURRENT ASSETS

Debtors

5

27,729

14,847

Cash at bank

23,942

21,156

51,671

36,003

CREDITORS

Amounts falling due within one year

6

46,293

36,510

NET CURRENT ASSETS/(LIABILITIES)

5,378

(507

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,718

510

CAPITAL AND RESERVES

Called up share capital

2

1

Retained earnings

15,716

509

SHAREHOLDERS' FUNDS

15,718

510

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by:

Mrs I James - Director

1.	STATUTORY INFORMATION

Goose Bay 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 February 2024

1,805

4,586

6,391

Additions

11,584

1,614

13,198

Disposals

-

(691

)

(691

)

At 31 January 2025

13,389

5,509

18,898

DEPRECIATION

At 1 February 2024

1,044

4,330

5,374

Charge for year

3,086

554

3,640

Eliminated on disposal

-

(456

)

(456

)

At 31 January 2025

4,130

4,428

8,558

NET BOOK VALUE

At 31 January 2025

9,259

1,081

10,340

At 31 January 2024

761

256

1,017

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,229

5,163

Other debtors

3,500

9,684

27,729

14,847

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

44,574

35,004

Other creditors

1,719

1,506

46,293

36,510

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

Mrs I James

Balance outstanding at start of year

(9,684

)

1,620

Amounts advanced

10,104

76,172

Amounts repaid

-

(87,476

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

420

(9,684

)

R I James

Balance outstanding at start of year

726

692

Amounts advanced

-

23,388

Amounts repaid

(326

)

(23,354

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

400

726