ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

Registered number: 09611683

GOLDCAP LONDON LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2025

GOLDCAP LONDON LTD

REGISTERED NUMBER: 09611683

BALANCE SHEET

AS AT 31 MAY 2025

		2025		2024
Note		£		£

Fixed assets
Investments	5		42,163		180
			42,163		180
Current assets
Debtors: amounts falling due within one year	6	184,016		180,830
Cash at bank and in hand	7	190		52
		184,206		180,882
Creditors: amounts falling due within one year	8	(190,900)		(134,792)
Net current (liabilities)/assets			(6,694)		46,090
Total assets less current liabilities			35,469		46,270
Creditors: amounts falling due after more than one year	9		(27,010)		(32,838)

Net assets			8,459		13,432

Capital and reserves
Called up share capital	200	200
Profit and loss account	8,259	13,232
	8,459	13,432

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GOLDCAP LONDON LTD

REGISTERED NUMBER: 09611683

BALANCE SHEET (CONTINUED)

AS AT 31 MAY 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S Selli

Director

Date: 29 May 2026

The notes on pages 3 to 8 form part of these financial statements.

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GOLDCAP LONDON LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1.	General information

Goldcap London Ltd is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The company meets its day to day working capital requirements through loans from parties under common control. The Director will continue his financial support to the company. As a result the going concern basis of accounting has been adopted.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

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GOLDCAP LONDON LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.8

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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GOLDCAP LONDON LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates. In the accounts amounts recoverable on long term contracts is carried at unbilled time based on charge out rates less a provision where the members believe such time will not be recoverable.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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GOLDCAP LONDON LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

5.	Fixed asset investments

		Other fixed asset investments
		£
	Cost or valuation
	At 1 June 2024	180
	Additions	41,983
	At 31 May 2025	42,163

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GOLDCAP LONDON LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Debtors

					2025	2024
					£	£


Trade debtors	500	8,600
Other debtors	169,577	172,230
Tax recoverable	13,939	-
	184,016	180,830

7.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	190	52
Less: bank overdrafts	-	(489)
	190	(437)

8.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	-	489
Trade creditors	420	474
Corporation tax	96,650	39,638
Other creditors	91,430	92,241
Accruals and deferred income	2,400	1,950
	190,900	134,792

9.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	27,010	32,838
	27,010	32,838

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GOLDCAP LONDON LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025


Amounts falling due 1-2 years
Bank loans	27,010	32,838
	27,010	32,838


	27,010	32,838

11.

Related party transactions

Included in other debtors is a loan to a director of £41,301 (2024: £15,138), There are also loans of £48,245 (2024: £70,245) to connected companies under common control. No interest is charged on these loans and they are repayable upon demand.

Also included in other debtors is a loan due to the company of £17,244 (2024: creditor 1,012) for the entity Goldwyns Tax LLP.

Included within other creditors at the balance sheet date there is a total of £84,743 owed to the company (2024: £86,555) from related parties under common control. No interest is charged on these amounts and they are repayable upon demand.

Also included in other creditors is a loan due to the company of £857 (2024: debtor £73,138) for the entity Goldwyns London LLP.

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