REGISTERED NUMBER: 04843357 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Goldace Industries Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

17,614

23,412

CURRENT ASSETS

Stocks

1,500

10,457

Debtors

5

19,504

22,551

Cash at bank

124,733

137,833

145,737

170,841

CREDITORS

Amounts falling due within one year

6

89,777

108,076

NET CURRENT ASSETS

55,960

62,765

TOTAL ASSETS LESS CURRENT LIABILITIES

73,574

86,177

PROVISIONS FOR LIABILITIES

1,976

4,371

NET ASSETS

71,598

81,806

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

71,596

81,804

SHAREHOLDERS' FUNDS

71,598

81,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

I J Walduck - Director

1.	STATUTORY INFORMATION

Goldace Industries Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04843357

Registered office:

Unit 17, Harmill Industrial Estate

Grovebury Road

Leighton Buzzard

Bedfordshire

LU7 4FF

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

48,652

DEPRECIATION

At 1 September 2024

25,240

Charge for year

5,798

At 31 August 2025

31,038

NET BOOK VALUE

At 31 August 2025

17,614

At 31 August 2024

23,412

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

19,504

22,551

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

5,296

10,984

Taxation and social security

5,085

12,115

Other creditors

79,396

84,977

89,777

108,076