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Company Registration No. 06963984 (England and Wales)
GO BEYOND CHALLENGE LIMITED Unaudited accounts for the year ended 31 December 2025
GO BEYOND CHALLENGE LIMITED Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
2,400
3,600
Tangible assets
5
8,499
9,906
10,899
13,506
Current assets
Debtors
6
2,283
4,904
Cash at bank and in hand
52,538
53,235
54,821
58,139
Creditors: amounts falling due within one year
7
(42,179)
(43,660)
Net current assets
12,642
14,479
Total assets less current liabilities
23,541
27,985
Creditors: amounts falling due after more than one year
8
(3,658)
(8,649)
Provisions for liabilities
Deferred tax
(1,615)
(1,882)
Net assets
18,268
17,454
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
18,168
17,354
Shareholders' funds
18,268
17,454
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. 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2026 and were signed on its behalf by
Simon Hollis Director Company Registration No. 06963984
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GO BEYOND CHALLENGE LIMITED Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
GO BEYOND CHALLENGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06963984. The registered office is 21 Silver Street, Broughton, Kettering, Northamptonshire, NN14 1PA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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GO BEYOND CHALLENGE LIMITED Notes to the Accounts for the year ended 31 December 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 January 2025
12,000
At 31 December 2025
12,000
Amortisation
At 1 January 2025
8,400
Charge for the year
1,200
At 31 December 2025
9,600
Net book value
At 31 December 2025
2,400
At 31 December 2024
3,600
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
14,934
17,863
560
33,357
Additions
1,090
-
-
1,090
At 31 December 2025
16,024
17,863
560
34,447
Depreciation
At 1 January 2025
11,106
11,902
443
23,451
Charge for the year
984
1,490
23
2,497
At 31 December 2025
12,090
13,392
466
25,948
Net book value
At 31 December 2025
3,934
4,471
94
8,499
At 31 December 2024
3,828
5,961
117
9,906
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
2,283
4,904
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GO BEYOND CHALLENGE LIMITED Notes to the Accounts for the year ended 31 December 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,906
6,319
VAT
3,414
6,773
Trade creditors
650
1,636
Taxes and social security
1,366
1,421
Other creditors
1,927
-
Loans from directors
1,008
624
Accruals
675
675
Deferred income
28,233
26,212
42,179
43,660
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
3,658
8,649
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 1 (2024: 3).
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