REGISTERED NUMBER: 03544672 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Goldcrest Brands Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

555

185

CURRENT ASSETS

Debtors

5

5,917,928

5,386,889

Cash at bank

123,043

15,684

6,040,971

5,402,573

CREDITORS

Amounts falling due within one year

6

(608,659

)

(464,626

)

NET CURRENT ASSETS

5,432,312

4,937,947

TOTAL ASSETS LESS CURRENT LIABILITIES

5,432,867

4,938,132

CREDITORS

Amounts falling due after more than one year

7

(530,137

)

(537,355

)

PROVISIONS FOR LIABILITIES

(139

)

(46

)

NET ASSETS

4,902,591

4,400,731

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

4,902,589

4,400,729

SHAREHOLDERS' FUNDS

4,902,591

4,400,731

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 director and authorised for issue on 3 December 2025 and were signed by:

Mr R Chawla - Director

1.	STATUTORY INFORMATION

Goldcrest Brands Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03544672

Registered office:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

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.

Tangible fixed assets

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

Plant and machinery

-

33% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

1,371

1,148

6,025

8,544

Additions

-

-

832

832

At 31 March 2025

1,371

1,148

6,857

9,376

DEPRECIATION

At 1 April 2024

1,371

963

6,025

8,359

Charge for year

-

185

277

462

At 31 March 2025

1,371

1,148

6,302

8,821

NET BOOK VALUE

At 31 March 2025

-

-

555

555

At 31 March 2024

-

185

-

185

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,916,200

5,385,300

Other debtors

1,728

1,589

5,917,928

5,386,889

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

7,233

7,248

Trade creditors

1,009

3,600

Taxation and social security

174,866

163,227

Other creditors

425,551

290,551

608,659

464,626

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

30,137

37,355

Other creditors

500,000

500,000

530,137

537,355

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,206

8,364

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Melissa Bowers FCCA (Senior Statutory Auditor)

for and on behalf of Harts Limited