Company Registration No. 02833653 (England and Wales)
Gold Associates Limited
Unaudited accounts
for the year ended 31 August 2025
Gold Associates Limited
Unaudited accounts
Contents
Gold Associates Limited
Company Information
for the year ended 31 August 2025
Directors
E Matarazzo
L Matarazzo
Company Number
02833653 (England and Wales)
Registered Office
45a-49a Burch Road
Northfleet
Gravesend
DA11 9NE
ENGLAND
Accountants
MCC Partners
1a Saddington Street
Gravesend
Kent
DA12 1ED
Gold Associates Limited
Statement of financial position
as at 31 August 2025
Tangible assets
32,174
9,453
Inventories
201,339
147,952
Cash at bank and in hand
268,251
166,447
Creditors: amounts falling due within one year
(323,229)
(144,527)
Net current assets
463,220
477,694
Total assets less current liabilities
495,394
487,147
Creditors: amounts falling due after more than one year
(14,023)
(12,032)
Net assets
481,371
475,115
Called up share capital
1,000
1,000
Profit and loss account
480,371
474,115
Shareholders' funds
481,371
475,115
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2026 and were signed on its behalf by
E Matarazzo
Director
Company Registration No. 02833653
Gold Associates Limited
Notes to the Accounts
for the year ended 31 August 2025
Gold Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 02833653. The registered office is 45a-49a Burch Road, Northfleet, Gravesend, DA11 9NE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20 % Reducing Balance
Motor vehicles
20 % Reducing Balance
Fixtures & fittings
20 % Reducing Balance
Computer equipment
20 % Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Gold Associates Limited
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2024
3,078
34,374
5,120
6,134
48,706
Additions
-
34,990
-
-
34,990
Disposals
-
(20,538)
-
-
(20,538)
At 31 August 2025
3,078
48,826
5,120
6,134
63,158
At 1 September 2024
2,092
27,752
4,365
5,044
39,253
Charge for the year
247
10,018
189
273
10,727
On disposals
-
(18,996)
-
-
(18,996)
At 31 August 2025
2,339
18,774
4,554
5,317
30,984
At 31 August 2025
739
30,052
566
817
32,174
At 31 August 2024
986
6,622
755
1,090
9,453
Amounts falling due within one year
Amounts due from group undertakings etc.
284,567
284,567
Accrued income and prepayments
31,435
23,255
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,600
10,000
Obligations under finance leases and hire purchase contracts
8,330
-
Trade creditors
147,331
93,413
Amounts owed to group undertakings and other participating interests
122,331
-
Taxes and social security
4,352
1,468
Other creditors
9,883
9,475
Loans from directors
923
923
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
13,189
-
Gold Associates Limited
Notes to the Accounts
for the year ended 31 August 2025
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).