REGISTERED NUMBER: 13908219 (England and Wales)

Workplace By Goldex Limited

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D S Brar

G S Brar

REGISTERED OFFICE:

Warwick House

Park Corner Road

Southfleet

Gravesend

Kent

DA13 9LN

REGISTERED NUMBER:

13908219 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

Chartered Certified Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Intangible assets

4

8,417

9,417

Tangible assets

5

211,715

415,643

220,132

425,060

CURRENT ASSETS

Debtors

6

3,083

4,715

Cash at bank

9,682

4,791

12,765

9,506

CREDITORS

Amounts falling due within one year

7

518,370

500,138

NET CURRENT LIABILITIES

(505,605

)

(490,632

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(285,473

)

(65,572

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(285,476

)

(65,575

)

(285,473

)

(65,572

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 15 July 2026 and were signed on its behalf by:

D S Brar - Director

1.	STATUTORY INFORMATION

Workplace By Goldex 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.

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.

At the year end the company had net liabilities of £285,473. Included within creditors is an amount of £495,179 owed to the shareholder, Goldex Investments Limited. The company is dependent on the financial support of Goldex Investments Limited which has continued to provide this support since the year end. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.

Income recognition

Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Intangible assets

Franchise costs are being amortised evenly over their estimated useful life.

Tangible fixed assets

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

Land and buildings

-

Over the term of the lease

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. Basic financial instruments are recognised 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.

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 1 (2024 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 November 2024

and 31 October 2025

10,000

AMORTISATION

At 1 November 2024

583

Charge for year

1,000

At 31 October 2025

1,583

NET BOOK VALUE

At 31 October 2025

8,417

At 31 October 2024

9,417

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

431,250

36,349

467,599

Additions

-

6,421

6,421

At 31 October 2025

431,250

42,770

474,020

DEPRECIATION

At 1 November 2024

47,917

4,039

51,956

Charge for year

191,666

18,683

210,349

At 31 October 2025

239,583

22,722

262,305

NET BOOK VALUE

At 31 October 2025

191,667

20,048

211,715

At 31 October 2024

383,333

32,310

415,643

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

77

-

Other debtors

3,006

4,715

3,083

4,715

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,555

8,846

Amounts owed to group undertakings

507,020

488,947

Taxation and social security

2,677

686

Other creditors

2,118

1,659

518,370

500,138

8.	CONTINGENT LIABILITIES

Workplace by Goldex Limited is part of a group VAT registration. In accordance with HMRC regulations all members of a VAT group are jointly and severally liable for the liability of all members of the group.

At the balance sheet date, the group accounts included a total group VAT creditor amounting to £356,692 of this amount £2,088 is included within creditors in the balance sheet of Workplace by Goldex Limited.

9.	OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £95,000.