REGISTERED NUMBER: 10560003 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Goode & Smith Group Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

N W Goode

A B Goode

Registered office:

25 Brownfields

Welwyn Garden City

Hertfordshire

AL7 1AN

Registered number:

10560003 (England and Wales)

Accountants:

Jordan Thomas Lane

135 High Street

Great Abington

Cambridgeshire

CB21 6AE

Fixed assets

Tangible assets

4

21,928

29,237

Investments

5

291

291

22,219

29,528

Current assets

Debtors

6

4,802

56,593

Cash at bank

43,359

52,648

48,161

109,241

Creditors

Amounts falling due within one year

7

41,476

36,397

Net current assets

6,685

72,844

Total assets less current liabilities

28,904

102,372

Creditors

Amounts falling due after more than one year

8

(5,643

)

(41,593

)

Provisions for liabilities

(5,482

)

(7,309

)

Net assets

17,779

53,470

Capital and reserves

Called up share capital

261

261

Retained earnings

17,518

53,209

17,779

53,470

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 30 October 2025 and were signed on its behalf by:

N W Goode - Director

1.	STATUTORY INFORMATION

Goode & Smith Group Holdings 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 the cost less estimated residual value of each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

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.

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.

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 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

80,880

DEPRECIATION

At 1 April 2024

51,643

Charge for year

7,309

At 31 March 2025

58,952

NET BOOK VALUE

At 31 March 2025

21,928

At 31 March 2024

29,237

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

291

NET BOOK VALUE

At 31 March 2025

291

At 31 March 2024

291

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

4,802

5,510

Prepayments and accrued income

-

835

4,802

6,345

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

50,248

Aggregate amounts

4,802

56,593

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

10,000

10,000

Trade creditors

487

456

Tax

10,131

8,170

Social security and other taxes

4,517

4,241

VAT

14,848

11,601

Other creditors

973

1,419

Directors' loan accounts

100

100

Accrued expenses

420

410

41,476

36,397

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans

5,643

15,761

Amounts owed to group undertakings

-

25,832

5,643

41,593