REGISTERED NUMBER: 06351032 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Goodacre & Townsend Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms J Townsend

REGISTERED OFFICE:

5 Friars Courtyard

30-32 Princes Street

Ipswich

IP1 1RJ

REGISTERED NUMBER:

06351032 (England and Wales)

FIXED ASSETS

Tangible assets

4

2,791

2,696

CURRENT ASSETS

Debtors

5

80,432

225,665

Cash at bank

153,441

212,807

233,873

438,472

CREDITORS

Amounts falling due within one year

6

311,181

463,062

NET CURRENT LIABILITIES

(77,308

)

(24,590

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(74,517

)

(21,894

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(74,617

)

(21,994

)

SHAREHOLDERS' FUNDS

(74,517

)

(21,894

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 5 September 2026 and were signed by:

Ms J Townsend - Director

1.	STATUTORY INFORMATION

Goodacre & Townsend 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.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax. Sales are recognised in the accounts once clients have departed.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 5 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2024

3,848

13,271

17,119

Additions

-

1,026

1,026

At 31 May 2025

3,848

14,297

18,145

DEPRECIATION

At 1 June 2024

2,614

11,809

14,423

Charge for year

309

622

931

At 31 May 2025

2,923

12,431

15,354

NET BOOK VALUE

At 31 May 2025

925

1,866

2,791

At 31 May 2024

1,234

1,462

2,696

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

80,226

216,378

Other debtors

206

9,287

80,432

225,665

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

13,333

23,333

Trade creditors

141,085

393,539

Taxation and social security

1,071

1,955

Other creditors

155,692

44,235

311,181

463,062

7.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed a related company £24,000 (2023: £28,000).