Goosedale Lodges Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11393276

Goosedale Lodges Limited

Filleted Unaudited Financial Statements

31 March 2025

Goosedale Lodges Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	1,799	1,619

Current assets

Debtors	6	11,527	1,599
Cash at bank and in hand		25,355	21,992
		--------	--------
		36,882	23,591

Creditors: amounts falling due within one year	7	87,820	55,579
		--------	--------
Net current liabilities		50,938	31,988
		--------	--------
Total assets less current liabilities		( 49,139)	( 30,369)

Creditors: amounts falling due after more than one year	8	17,833	21,843
		--------	--------
Net liabilities		( 66,972)	( 52,212)
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 67,072)	( 52,312)
	--------	--------
Shareholders deficit	( 66,972)	( 52,212)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Goosedale Lodges Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 12 December 2025 , and are signed on behalf of the board by:

Mr G Hayer
Director

Goosedale Lodges Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Goosedale Lane, Bestwood Village, Nottingham, NG6 8UJ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures, fittings and furniture	-	25% reducing balance
Office equipment	-	25% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2024: 4 ).

5. Tangible assets

	Fixtures, fittings and furniture	Office equipment	Total
	£	£	£
Cost
At 1 April 2024	1,475	1,920	3,395
Additions	779	–	779
	-------	-------	-------
At 31 March 2025	2,254	1,920	4,174
	-------	-------	-------
Depreciation
At 1 April 2024	742	1,034	1,776
Charge for the year	378	221	599
	-------	-------	-------
At 31 March 2025	1,120	1,255	2,375
	-------	-------	-------
Carrying amount
At 31 March 2025	1,134	665	1,799
	-------	-------	-------
At 31 March 2024	733	886	1,619
	-------	-------	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	3,260	–
Other debtors	8,267	1,599
	--------	-------
	11,527	1,599
	--------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	4,009	3,911
Trade creditors	7,009	5,709
Social security and other taxes	8,696	6,014
Other creditors	68,106	39,945
	--------	--------
	87,820	55,579
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	17,833	21,843
	--------	--------

Included within creditors: amounts falling due after more than one year is an amount of £750 (2024: £5,182) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

9. Director's advances, credits and guarantees

The director received advances during the year to 31 March 2025 of £960. These were repaid in full within nine months of the year end.

10. Related party transactions

The company has received a loan from an associated company and the balance owing at the year end was £ 4,566 (2024: £ 4,566 ). The loan is unsecured, no interest is being charged and no repayment terms are in place.