Company Registration No. 06437413 (England and Wales)
Good Aim Limited
Unaudited accounts
for the year ended 31 March 2025
Good Aim Limited
Unaudited accounts
Contents
Good Aim Limited
Company Information
for the year ended 31 March 2025
Directors
Pratap Patel
Anneka Halai
Sarika Vekaria
Vickisha Khetani
Company Number
06437413 (England and Wales)
Registered Office
42 Bullescroft Road
Edgware
Middlesex
HA8 8RW
Good Aim Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,234,969
1,242,761
Inventories
110,275
94,570
Cash at bank and in hand
921,828
637,153
Creditors: amounts falling due within one year
(197,293)
(135,469)
Net current assets
1,037,145
805,390
Net assets
2,272,214
2,048,151
Called up share capital
90
90
Profit and loss account
2,272,124
2,048,061
Shareholders' funds
2,272,214
2,048,151
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2025 and were signed on its behalf by
Pratap Patel
Director
Company Registration No. 06437413
Good Aim Limited
Notes to the Accounts
for the year ended 31 March 2025
Good Aim Limited is a private company, limited by shares, registered in England and Wales, registration number 06437413. The registered office is 42 Bullescroft Road, Edgware, Middlesex, HA8 8RW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight line
Fixtures & fittings
20% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Good Aim Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
At 31 March 2025
1,466,600
At 31 March 2025
1,234,969
At 31 March 2024
1,242,761
6
Average number of employees
During the year the average number of employees was 14 (2024: 13).