Isadore Goldman Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08377344

Isadore Goldman Limited

Unaudited financial statements

31 August 2025

Isadore Goldman Limited

Statement of financial position

31 August 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		4,226		23,603

Current assets

Debtors	7	1,667,749	1,905,325
Cash at bank and in hand		266,756	575,154
		-----------	-----------
		1,934,505	2,480,479

Creditors: Amounts falling due within one year	8	( 521,777)		( 486,524)
		-----------		-----------
Net current assets			1,412,728		1,993,955
			-----------		-----------
Total assets less current liabilities			1,416,954		2,017,558

Creditors: Amounts falling due after more than one year	9		–		( 8,357)

Provisions

Taxation including deferred tax	118,137	( 1,279)
	-----------	-----------
Net assets	1,535,091	2,007,922
	-----------	-----------

Capital and reserves

Called up share capital	10	120	120
Capital redemption reserve		120	120
Profit and loss account		1,534,851	2,007,682
		-----------	-----------
Shareholders funds		1,535,091	2,007,922
		-----------	-----------

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 income statement has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Isadore Goldman Limited

Statement of financial position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 19 May 2026 , and are signed on behalf of the board by:

Mr N R Oliver

Director

Company registration number: 08377344

Isadore Goldman Limited

Notes to the financial statements

Year ended 31 August 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 75 King William Street Suite 209, Second Floor, London, England, EC4N 7BE. The company registration number is 08377344 .

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

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:

	Goodwill	-	Over 10 years

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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

Leasehold Property Improvements	-	10% straight line
Fixture & Fittings	-	33% straight line
Equipment	-	33% 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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Staff costs

The average number of employees during the year was 45 (2024: 37 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 September 2024 and 31 August 2025	2,413,000
	-----------
Amortisation
At 1 September 2024 and 31 August 2025	2,413,000
	-----------
Carrying amount
At 31 August 2025	–
	-----------
At 31 August 2024	–
	-----------

6. Tangible assets

	Leasehold property improve- ments	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 September 2024	128,453	261,573	119,956	509,982
Disposals	( 49,148)	( 241,123)	( 99,573)	( 389,844)
	---------	---------	---------	---------
At 31 August 2025	79,305	20,450	20,383	120,138
	---------	---------	---------	---------
Depreciation
At 1 September 2024	114,937	261,573	109,869	486,379
Charge for the year	–	–	5,861	5,861
Disposals	( 35,632)	( 241,123)	( 99,573)	( 376,328)
	---------	---------	---------	---------
At 31 August 2025	79,305	20,450	16,157	115,912
	---------	---------	---------	---------
Carrying amount
At 31 August 2025	–	–	4,226	4,226
	---------	---------	---------	---------
At 31 August 2024	13,516	–	10,087	23,603
	---------	---------	---------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	1,040,678	1,029,789
Prepayments and accrued income	27,129	40,250
Corporation tax repayable	17,567	–
Directors loan account	2,524	–
Amounts recoverable on contracts	549,431	806,267
Other debtors	30,420	29,019
	-----------	-----------
	1,667,749	1,905,325
	-----------	-----------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	88,716	10,000
Trade creditors	74,131	60,811
Social security and other taxes	312,486	376,269
Other creditors	46,444	39,444
	---------	---------
	521,777	486,524
	---------	---------

Bank loans and overdrafts totalling £8,716 (2024: £10,000) are secured by a fixed and floating charge over the property and undertakings of the company .

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

	2025	2024
	£	£
Bank loans and overdrafts	–	8,357
	----	------

Bank loans and overdrafts totalling £nil (2024: £8,357) are secured by a fixed and floating charge over the property and undertakings of the company.

10. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	120	120	120	120
	----	----	----	----

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	77,311	54,686
	-------	-------

12. Directors' advances, credits and guarantees

At the year end included with other debtors is the amount of £2,613 owed by the Directors to the company (2024: £89). No interest was charged in relation to the Directors loans during the year.