REGISTERED NUMBER: 03640892 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GOODWAY LLOYD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R G Simmons

SECRETARY:

C A Simmons

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

03640892 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

Chartered Accountants

1110 Elliott Court

Herald Avenue

Coventry Business Park

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Investment property

4

1,315,000

900,000

CURRENT ASSETS

Debtors

5

94,548

101,295

Cash at bank

20,322

14,309

114,870

115,604

CREDITORS

Amounts falling due within one year

6

73,304

66,423

NET CURRENT ASSETS

41,566

49,181

TOTAL ASSETS LESS CURRENT LIABILITIES

1,356,566

949,181

CREDITORS

Amounts falling due after more than one year

7

448,289

497,447

NET ASSETS

908,277

451,734

CAPITAL AND RESERVES

Called up share capital

1

1

Capital redemption reserve

1

1

Retained earnings

908,275

451,732

SHAREHOLDERS' FUNDS

908,277

451,734

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 his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 December 2025 and were signed by:

R G Simmons - Director

1.	STATUTORY INFORMATION

Goodway Lloyd Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

900,000

Revaluations

415,000

At 31 March 2025

1,315,000

NET BOOK VALUE

At 31 March 2025

1,315,000

At 31 March 2024

900,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2004

290,353

Valuation in 2005

500,000

Valuation in 2014

(500,000

)

Valuation in 2023

(1,100,000

)

Valuation in 2024

186,199

Valuation in 2025

415,000

Cost

1,523,448

1,315,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

1,523,448

1,638,807

Investment property was valued on an open market basis basis on 31 March 2025 by the director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

91,903

98,099

Prepayments

2,645

3,196

94,548

101,295

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

43,500

41,000

Social security and other taxes

25,103

20,867

Other creditors

2,220

2,220

Accrued expenses

2,481

2,336

73,304

66,423

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-5 years

137,712

180,861

Other creditors

310,577

316,586

448,289

497,447

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

181,212

221,861