GOLD FACTORY LIMITED

Company Registration Number:
03910743 (England and Wales)

Unaudited abridged accounts for the year ended 29 March 2025

Period of accounts

Start date: 30 March 2024

End date: 29 March 2025

GOLD FACTORY LIMITED

Contents of the Financial Statements

for the Period Ended 29 March 2025

Balance sheet
Notes

GOLD FACTORY LIMITED

Balance sheet

As at 29 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 4,318 5,757
Total fixed assets: 4,318 5,757
Current assets
Stocks: 747,429 920,580
Debtors: 4 446,744 327,251
Cash at bank and in hand: 18,712 10,723
Total current assets: 1,212,885 1,258,554
Creditors: amounts falling due within one year: 5 (452,371) (520,458)
Net current assets (liabilities): 760,514 738,096
Total assets less current liabilities: 764,832 743,853
Creditors: amounts falling due after more than one year: 6 (1,769) (12,231)
Total net assets (liabilities): 763,063 731,622
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 763,061 731,620
Shareholders funds: 763,063 731,622

The notes form part of these financial statements

GOLD FACTORY LIMITED

Balance sheet statements

For the year ending 29 March 2025 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 December 2025
and signed on behalf of the board by:

Name: Sonia Kanda
Status: Director

The notes form part of these financial statements

GOLD FACTORY LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are 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.

GOLD FACTORY LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2025

2. Employees

2025 2024
Average number of employees during the period 5 4

GOLD FACTORY LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2025

3. Tangible Assets

Total
Cost £
At 30 March 2024 109,677
At 29 March 2025 109,677
Depreciation
At 30 March 2024 103,920
Charge for year 1,439
At 29 March 2025 105,359
Net book value
At 29 March 2025 4,318
At 29 March 2024 5,757

GOLD FACTORY LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 446,744 327,251

GOLD FACTORY LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2025

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts £11,091 (2024-£10,204). Trade creditors £92,596 (2024-£126,245). Corporation tax £104,518 (2024-£124,979). Social security and other taxes £1,139 (2024-£2,100). Other creditors £243,027 (2024-£256,930)

GOLD FACTORY LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2025

6. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts £1,769 (2024-£12,231).

GOLD FACTORY LIMITED

Notes to the Financial Statements

for the Period Ended 29 March 2025

7. Loans to directors

As at balance sheet date, the company was owed £240,172 ( 2024- £254,895) to Mrs Sonia Kanda, the director of the company.