REGISTERED NUMBER: 07661257 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

GOOD DEALS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

S A L Stern

REGISTERED OFFICE:

85 Egerton Road

Stamford Hill

London

N16 6UE

REGISTERED NUMBER:

07661257 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

4

770,000

770,000

CURRENT ASSETS

Cash at bank

9,057

8,867

CREDITORS

Amounts falling due within one year

5

(108,611

)

(108,938

)

NET CURRENT LIABILITIES

(99,554

)

(100,071

)

TOTAL ASSETS LESS CURRENT LIABILITIES

670,446

669,929

CREDITORS

Amounts falling due after more than one year

6

(335,743

)

(335,743

)

NET ASSETS

334,703

334,186

CAPITAL AND RESERVES

Called up share capital

8

1

1

Revaluation reserve

9

324,289

324,289

Retained earnings

9

10,413

9,896

SHAREHOLDERS' FUNDS

334,703

334,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 22 April 2026 and were signed by:

S A L Stern - Director

1.	STATUTORY INFORMATION

Good Deals Ltd 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.

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.

Turnover

Turnover represents net rent receivable, excluding value added tax.

Investment property

Investment properties are properties held to earn rental income or for capital appreciation or for both.

Investment properties are recognised initially at cost.

Subsequent to initial recognition:

a. Investment properties whose fair value can be measured reliably without undue cost or effort are held at fair value. Any gains or losses arising from change in fair value are recognised in profit or loss in the period that they arise; and

b. no depreciation is provided in respect of investment properties applying the fair value model.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

770,000

NET BOOK VALUE

At 30 June 2025

770,000

At 30 June 2024

770,000

The director has confirmed that there is no significant increase or decrease in the property market value.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Taxation and social security

1,552

1,160

Other creditors

107,059

107,778

108,611

108,938

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

335,743

335,743

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

335,743

335,743

7.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Bank loans

335,743

335,743

Long term bank loan is secured by first charge over the company's investment property and bear interest at variable rates

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

1

Ordinary

£1

1

1

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 July 2024

9,896

324,289

334,185

Profit for the year

517

517

At 30 June 2025

10,413

324,289

334,702

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S A L Stern.