REGISTERED NUMBER: 05361691 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GOLDWYNS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R W Howe

S T Blundell

REGISTERED OFFICE:

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

REGISTERED NUMBER:

05361691 (England and Wales)

ACCOUNTANTS:

Goldwyns Limited

Chartered Accountants

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

23,135

27,460

23,135

27,460

CURRENT ASSETS

Debtors

900,260

901,706

Cash at bank and in hand

155,202

185,335

1,055,462

1,087,041

CREDITORS

Amounts falling due within one year

409,869

378,440

NET CURRENT ASSETS

645,593

708,601

TOTAL ASSETS LESS CURRENT LIABILITIES

668,728

736,061

CREDITORS

Amounts falling due after more than one year

(144,759

)

(278,382

)

PROVISIONS FOR LIABILITIES

(17,547

)

(6,576

)

NET ASSETS

506,422

451,103

CAPITAL AND RESERVES

Called up share capital

8

600

600

Capital redemption reserve

400

400

Retained earnings

505,422

450,103

SHAREHOLDERS' FUNDS

506,422

451,103

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 4 September 2025 and were signed on its behalf by:

R W Howe - Director

S T Blundell - Director

1.	STATUTORY INFORMATION

Goldwyns 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.

Goodwill

Goodwill, being the amount paid for the acquisition of businesses in 2005 and subsequently, has now been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

Straight line over 5 years

Vehicles

-

Straight line over 5 years

Computer equipment

-

Straight line over 3 years

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 15 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

2,129,062

AMORTISATION

At 1 April 2024

and 31 March 2025

2,129,062

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

82,196

Additions

7,362

At 31 March 2025

89,558

DEPRECIATION

At 1 April 2024

54,736

Charge for year

11,687

At 31 March 2025

66,423

NET BOOK VALUE

At 31 March 2025

23,135

At 31 March 2024

27,460

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

67,342

83,592

Between one and five years

5,205

72,547

72,547

156,139

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

278,382

412,005

The Coronavirus Business Interruption Loan is secured by a guarantee from the UK Government under the Coronavirus Business Interruption Scheme.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

600

Ordinary

£1

600

600

9.	PENSION COMMITMENTS

During the year the company made contributions amounting to £29,359 (2024 - £27,891) to a defined contribution scheme it operates on behalf of its employees. No contributions were owed at the balance sheet date.