General Information
Goldenhill Technology Advisors LLP is a limited liability partnership, registered in England and Wales, registration number OC320414, registration address C/o Randall Robinson, Office 3.14, 85 Gresham Street, London, London, EC2V 7NQ.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Motor Vehicles |
25 Reducing Balance
|
| Computer Equipment |
25 Reducing Balance
|
Factored debts
The company includes factored debts within trade debtors since most of the risks and rewards of ownership of the factored debts have not passed to the factors. A corresponding liability is included in liabilities in respect of the proceeds received from the factor.
|
| 2. |
Average number of employees
Average number of employees during the year was 10 (2024 : 10).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Motor Vehicles |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 April 2024 |
61,000 |
|
28,845 |
|
89,845 |
| Additions |
43,596 |
|
- |
|
43,596 |
| Disposals |
(25,000) |
|
- |
|
(25,000) |
| At 31 March 2025 |
79,596 |
|
28,845 |
|
108,441 |
| Depreciation |
| At 01 April 2024 |
43,814 |
|
23,507 |
|
67,321 |
| Charge for year |
10,899 |
|
- |
|
10,899 |
| On disposals |
(24,666) |
|
- |
|
(24,666) |
| At 31 March 2025 |
30,047 |
|
23,507 |
|
53,554 |
| Net book values |
| Closing balance as at 31 March 2025 |
49,549 |
|
5,338 |
|
54,887 |
| Opening balance as at 01 April 2024 |
22,914 |
|
7,117 |
|
30,031 |
|
2
|