REGISTERED NUMBER: 04359302 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Goodform Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Aisa Blanco

D W Brabender Pascual

Mrs A Dalrymple

R Gonzalez-Ubeda Gomez

SECRETARY:

Mrs A Dalrymple

REGISTERED OFFICE:

1 Mill Street

Leamington Spa

Warwickshire

CV31 1ES

REGISTERED NUMBER:

04359302 (England and Wales)

AUDITORS:

Haines Watts Wolverhampton Limited

Statutory Auditors

Keepers Lane

The Wergs

Wolverhampton

West Midlands

WV6 8UA

FIXED ASSETS

Intangible assets

4

27,264

33,271

Tangible assets

5

10,859

11,726

38,123

44,997

CURRENT ASSETS

Debtors

6

817,661

169,067

Cash at bank and in hand

289,579

753,942

1,107,240

923,009

CREDITORS

Amounts falling due within one year

7

566,405

479,625

NET CURRENT ASSETS

540,835

443,384

TOTAL ASSETS LESS CURRENT LIABILITIES

578,958

488,381

PROVISIONS FOR LIABILITIES

2,715

11,249

NET ASSETS

576,243

477,132

CAPITAL AND RESERVES

Called up share capital

160

160

Retained earnings

576,083

476,972

576,243

477,132

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 6 August 2026 and were signed on its behalf by:

Mrs A Dalrymple - Director

1.	STATUTORY INFORMATION

Goodform 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Development costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Financial instruments such as trade debtors, cash and trade creditors arise directly from the company's operations.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 11 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

262,409

AMORTISATION

At 1 January 2025

229,138

Charge for year

6,007

At 31 December 2025

235,145

NET BOOK VALUE

At 31 December 2025

27,264

At 31 December 2024

33,271

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

10,250

22,086

32,336

Additions

-

2,075

2,075

At 31 December 2025

10,250

24,161

34,411

DEPRECIATION

At 1 January 2025

6,939

13,671

20,610

Charge for year

497

2,445

2,942

At 31 December 2025

7,436

16,116

23,552

NET BOOK VALUE

At 31 December 2025

2,814

8,045

10,859

At 31 December 2024

3,311

8,415

11,726

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

215,884

87,613

Other debtors

50,008

60,955

265,892

148,568

Amounts falling due after more than one year:

Amounts owed by group undertakings

551,769

20,499

Aggregate amounts

817,661

169,067

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

16,659

15,012

Amounts owed to group undertakings

-

59,505

Taxation and social security

226,673

160,287

Other creditors

323,073

244,821

566,405

479,625

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Baker FCA (Senior Statutory Auditor)

for and on behalf of Haines Watts Wolverhampton Limited

9.	RELATED PARTY DISCLOSURES

At 31 December 2025 the company had outstanding loans due from directors of £89 (2024: £109) included within debtors. Also at the year end the company had outstanding loans with group undertakings as follows:

2025

2024

£

£

Amount due to parent

56,133

59,505

Amount due from fellow subsidiaries

607,902

20,499

All related party loans are interest-free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Gersh Agency Holdings LLC, a company incorporated in the USA. The consolidated financial statements of Gersh Agency Holdings LLC can be obtained from: 9465 Wilshire Blvd, 6th Floor, Beverly Hills, CA 90212