REGISTERED NUMBER: 11675111 (England and Wales)

GOLDENS STOKE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

D M Hassan

Registered office:

Second Floor

325 Washwood Heath Road

Birmingham

United Kingdom

B8 2XJ

Registered number:

11675111 (England and Wales)

Auditors:

MP Global Group Ltd

Registered Auditors

First Floor

244 Edgware Road

London

W2 1DS

Current assets

Stocks

394,941

380,596

Debtors

4

30,090

14,776

Cash at bank and in hand

913

564

425,944

395,936

Creditors

Amounts falling due within one year

5

408,439

390,795

Net current assets

17,505

5,141

Total assets less current liabilities

17,505

5,141

Capital and reserves

Called up share capital

6

1,000

1,000

Retained earnings

16,505

4,141

Shareholders' funds

17,505

5,141

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 June 2026 and were signed by:

D M Hassan - Director

1.	Statutory information

Goldens Stoke 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.

The company qualifies as a small company under the Companies Act 2006 and has applied the provisions of FRS 102 Section 1A. Accordingly, the company is exempt from preparing a statement of cash flows and no statement of cash flows has been presented in these financial statements.

Significant judgements and estimates

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

The key judgements and sources of estimation uncertainty are as follows:

Stock valuation: Management reviews stock for slow-moving and obsolete items and applies provisions where necessary. This requires judgement in estimating the net realisable value of inventory.

Going concern

The director has prepared cash flow forecasts covering a period of at least 12 months from the date of approval of these financial statements. These forecasts include a range of trading scenarios and indicate that the company will have adequate resources to meet its liabilities as they fall due. Accordingly, the director considers it appropriate to prepare the financial statements on a going concern basis.

Turnover

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

Revenue is recognised when performance obligations are satisfied and control has transferred to the customer. For goods sold in store, revenue is recognised at the point of sale.

Stocks

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

Cost is based on the cost of purchase on a first in, first out basis.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Impairment

A review for indicators of impairment is carried out at each reporting date with the recoverable amount being estimated where such indicators exists. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.

Functional and presentational currency

The company's functional and presentational currency is Pound Sterling.

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.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

3.	Employees and directors

The average number of employees during the year was 22 (2024 - 22 ) .

4.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

30,090

14,776

5.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

362,765

356,127

Taxation and social security

38,173

28,169

Other creditors

7,501

6,499

408,439

390,795

6.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

7.	Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Mahendra Parmar (Senior Statutory Auditor)

for and on behalf of MP Global Group Ltd

8.	Related party disclosures

The company is a wholly owned subsidiary of Goldens International Limited and is included in the consolidated financial statements of that company. Accordingly, the company has taken advantage of the exemption in FRS 102 Section 33 from disclosing transactions with wholly owned members of the same group.

9.	FRC Ethical Standard - provisions available for small entities

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

10.	Ultimate controlling party

The company's immediate parent undertaking is Goldens International Limited, a company incorporated in England and Wales. The company is included in the consolidated financial statements of Goldens International Limited. The consolidated financial statements of Goldens International Limited are available from Second Floor, 325 Washwood Heath Road, Birmingham, England, B8 2XJ.

The directors consider the ultimate controlling party to be A Nazar by virtue of his majority shareholding in Goldens International Limited.