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COMPANY REGISTRATION NUMBER: 04697344

Good With Devices Limited

Filleted Unaudited Financial Statements

31 December 2025

Good With Devices Limited

Financial Statements

Year ended 31 December 2025

Contents | Pages

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements | 1

Statement of financial position | 2 to 3

Notes to the financial statements | 4 to 7

Good With Devices Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Good With Devices Limited

Year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Good With Devices Limited for the year ended 31 December 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Good With Devices Limited. Our work has been undertaken solely to prepare for your approval the financial statements of Good With Devices Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Good With Devices Limited and its director for our work or for this report.
It is your duty to ensure that Good With Devices Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Good With Devices Limited. You consider that Good With Devices Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Good With Devices Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
HEBBLETHWAITES Chartered Accountants
2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ
10 April 2026

Good With Devices Limited

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Intangible assets | 5 | 196,050 | 202,920
Tangible assets | 6 | 53,731 | 30,490
| --------- | ---------
| 249,781 | 233,410

Current assets

Stocks | 113,029 | 91,156
Debtors | 7 | 129,233 | 179,719
Cash at bank and in hand | 104,085 | 76,627
| --------- | ---------
| 346,347 | 347,502

Creditors: amounts falling due within one year | 8 | 341,936 | 279,396
| --------- | ---------
Net current assets | 4,411 | 68,106
| --------- | ---------
Total assets less current liabilities | 254,192 | 301,516

Creditors: amounts falling due after more than one year | 9 | 38,196 | 31,563
| --------- | ---------
Net assets | 215,996 | 269,953
| --------- | ---------

Good With Devices Limited

Statement of Financial Position (continued)

31 December 2025

| 2025 | 2024
Note | £ | £

Capital and reserves

Called up share capital | 1,584 | 2,242
Share premium account | 749,539 | 749,539
Treasury shares | ( 75) | ( 733)
Profit and loss account | ( 535,052) | ( 481,095)
| --------- | ---------
Shareholders funds | 215,996 | 269,953
| --------- | ---------

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 comprehensive income has not been delivered.
For the year ending 31 December 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 .
These financial statements were approved by the board of directors and authorised for issue on 10 April 2026 , and are signed on behalf of the board by:

Mr B J Widdows |
Director |

Company registration number: 04697344

Good With Devices Limited

Notes to the Financial Statements

Year ended 31 December 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 178 Shoreham Street, Sheffield, S1 4SQ, United Kingdom.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of management, there are no areas of judgement or key sources of estimation uncertainty that have a significant effect on the financial statements, other than those highlighted below.
Research and development
General research and development expenditure is written off in the period in which it is incurred. Specific development costs are capitalised where permitted by FRS102.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are recorded at the fair value at the acquisition date.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Internally generated development costs | - | 10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
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:

| Office equipment | - | 25% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 13 (2024: 15 ).
5. Intangible assets

| Development costs
| £
Cost |
At 1 January 2025 | 367,177
Additions | –
Additions from internal developments | 33,165
| ---------
At 31 December 2025 | 400,342
| ---------
Amortisation |
At 1 January 2025 | 164,257
Charge for the year | 40,035
| ---------
At 31 December 2025 | 204,292
| ---------
Carrying amount |
At 31 December 2025 | 196,050
| ---------
At 31 December 2024 | 202,920
| ---------

6. Tangible assets

| Office equipment | Total
| £ | £
Cost |  |
At 1 January 2025 | 71,846 | 71,846
Additions | 34,048 | 34,048
| --------- | ---------
At 31 December 2025 | 105,894 | 105,894
| --------- | ---------
Depreciation |  |
At 1 January 2025 | 41,356 | 41,356
Charge for the year | 10,807 | 10,807
| --------- | ---------
At 31 December 2025 | 52,163 | 52,163
| --------- | ---------
Carrying amount |  |
At 31 December 2025 | 53,731 | 53,731
| --------- | ---------
At 31 December 2024 | 30,490 | 30,490
| --------- | ---------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 57,118 | 74,535
Other debtors | 72,115 | 105,184
| --------- | ---------
| 129,233 | 179,719
| --------- | ---------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 27,143 | 25,831
Trade creditors | 74,241 | 39,221
Social security and other taxes | 33,066 | 39,811
Other creditors | 207,486 | 174,533
| --------- | ---------
| 341,936 | 279,396
| --------- | ---------

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

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 4,684 | 31,563
Other creditors | 33,512 | –
| -------- | --------
| 38,196 | 31,563
| -------- | --------

A fixed interest rate of 6.0% is applicable to this loan, per the terms of the government backed Coronavirus Business Interruption Loan Scheme.
10. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2025 | 2024
| £ | £
Not later than 1 year | 22,000 | 22,000
Later than 1 year and not later than 5 years | 16,500 | 38,500
| -------- | --------
| 38,500 | 60,500
| -------- | --------

11. Research and development
During the year the company incurred £187,772 (2024 £246,770) on research and development costs which were expensed to the profit and loss account. A further £33,165 (2024 £42,698) development costs were capitalised and are to be amortised over ten years, per the accounting policies above.
12. Profit and loss account reserves and share capital
During the year, the company cancelled 6,575 shares, at a value of £658, which at the previous year end were held as treasury shares.