REGISTERED NUMBER: 11979392 (England and Wales)

Goodley Financial Solutions Ltd

Unaudited Financial Statements for the Year Ended 31 March 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

S Goodley

Mrs T J Goodley

Registered office:

The Street

Acle

Norwich

Norfolk

NR13 3DY

Registered number:

11979392 (England and Wales)

Accountants:

Fairhead Bradford

5 Queen Street

Great Yarmouth

Norfolk

NR30 2QP

Fixed assets

Intangible assets

4

280,661

317,225

Tangible assets

5

28,672

11,464

309,333

328,689

Current assets

Debtors

6

19,140

20,724

Cash at bank

51,325

49,968

70,465

70,692

Creditors

Amounts falling due within one year

7

71,484

90,493

Net current liabilities

(1,019

)

(19,801

)

Total assets less current liabilities

308,314

308,888

Creditors

Amounts falling due after more than one year

8

(93,914

)

(131,490

)

Provisions for liabilities

(6,801

)

(2,711

)

Net assets

207,599

174,687

Capital and reserves

Called up share capital

100

100

Share premium

82,954

82,954

Retained earnings

124,545

91,633

207,599

174,687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by:

S Goodley - Director

1.	Statutory information

Goodley Financial Solutions Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill has arisen on business acquisition and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. The goodwill is being amortised on a straight line basis over 10 to 15 years.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 2 (2025 - 2 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2025

and 31 March 2026

506,932

Amortisation

At 1 April 2025

189,707

Amortisation for year

36,564

At 31 March 2026

226,271

Net book value

At 31 March 2026

280,661

At 31 March 2025

317,225

5.	Tangible fixed assets

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2025

1,359

560

11,000

3,942

16,861

Additions

-

-

40,460

-

40,460

Disposals

-

-

(13,694

)

-

(13,694

)

At 31 March 2026

1,359

560

37,766

3,942

43,627

Depreciation

At 1 April 2025

595

245

2,750

1,807

5,397

Charge for year

191

79

8,755

533

9,558

At 31 March 2026

786

324

11,505

2,340

14,955

Net book value

At 31 March 2026

573

236

26,261

1,602

28,672

At 31 March 2025

764

315

8,250

2,135

11,464

6.

Debtors: amounts falling due within one year

31/3/26

31/3/25

£

£

Trade debtors

(282

)

20,724

Other debtors

19,422

-

19,140

20,724

7.

Creditors: amounts falling due within one year

31/3/26

31/3/25

£

£

Taxation and social security

27,198

31,981

Other creditors

44,286

58,512

71,484

90,493

8.

Creditors: amounts falling due after more than one year

31/3/26

31/3/25

£

£

Other creditors

93,914

131,490