REGISTERED NUMBER: 15824494 (England and Wales)

Unaudited Financial Statements

for the Period 8 July 2024 to 31 July 2025

for

Good 2 Know Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

H N D Humphreys

REGISTERED OFFICE:

39 Ashby Road

Loughborough

Leicestershire

LE11 3AA

REGISTERED NUMBER:

15824494 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Investment property

4

584,548

CURRENT ASSETS

Debtors

5

1,558

Cash at bank and in hand

13,709

15,267

CREDITORS

Amounts falling due within one year

6

224,254

NET CURRENT LIABILITIES

(208,987

)

TOTAL ASSETS LESS CURRENT LIABILITIES

375,561

CREDITORS

Amounts falling due after more than one year

7

365,000

NET ASSETS

10,561

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

10,461

10,561

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 June 2026 and were signed by:

H N D Humphreys - Director

1.	STATUTORY INFORMATION

Good 2 Know Limited 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.

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 rents receivable from investment properties and is recognised as it falls due.

Investment property

Investment property is not depreciated but is valued annually at its fair value in accordance with the Financial Reporting Standard 102 (Section 1A). Any aggregate or surplus arising from changes in fair value is recognised in the profit and loss account and is transferred to a fair value reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

584,548

At 31 July 2025

584,548

NET BOOK VALUE

At 31 July 2025

584,548

Fair value at 31 July 2025 is represented by:

£

Valuation in 2025

584,548

If investment property had not been revalued it would have been included at the following historical cost:

£

Cost

584,548

Investment property was valued on a fair value basis on 31 July 2025 by the director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Director's loan account

421

Prepayments

1,137

1,558

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Loans

220,000

Tax

2,454

Accrued expenses

1,800

224,254

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Loans

365,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Loans

365,000

Loans are secured on investment property.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year net advances of £421 were made to a director. This amount was interest free and repayable on demand.