REGISTERED NUMBER: 00546695 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

I. Goodman (Properties) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

103

114

Investment property

5

580,000

550,000

580,103

550,114

CURRENT ASSETS

Debtors

6

5,602

2,764

Cash at bank

56,016

39,342

61,618

42,106

CREDITORS

Amounts falling due within one year

7

263,457

183,644

NET CURRENT LIABILITIES

(201,839

)

(141,538

)

TOTAL ASSETS LESS CURRENT LIABILITIES

378,264

408,576

PROVISIONS FOR LIABILITIES

33,776

26,278

NET ASSETS

344,488

382,298

CAPITAL AND RESERVES

Called up share capital

3,728

3,728

Non-distributable reserve

8

101,250

78,750

Retained earnings

239,510

299,820

SHAREHOLDERS' FUNDS

344,488

382,298

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 director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 December 2025 and were signed by:

Ms D J Pope - Director

1.	STATUTORY INFORMATION

I. Goodman (Properties) 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:

00546695

Registered office:

WT Gunson

Suite 2, 3rd Floor

1 King Street

Manchester

M2 6AW

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

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

-

10% on reducing balance

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

2,191

DEPRECIATION

At 1 April 2024

2,077

Charge for year

11

At 31 March 2025

2,088

NET BOOK VALUE

At 31 March 2025

103

At 31 March 2024

114

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

550,000

Revaluations

30,000

At 31 March 2025

580,000

NET BOOK VALUE

At 31 March 2025

580,000

At 31 March 2024

550,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

75,000

Valuation in 2022

5,000

Valuation in 2023

25,000

Valuation in 2025

30,000

Cost

445,000

580,000

The fair value of the investment property has been arrived based on sales of the investment properties since the year end.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,602

2,764

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

263,457

183,644

8.

RESERVES

Non-distributable

reserve

£

At 1 April 2024

78,750

Transfer of revaluation

22,500

At 31 March 2025

101,250

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Devora Reisel Limited.