Company Registration No. 09733757 (England and Wales)
Goodplace Property Limited
Unaudited accounts
for the year ended 31 December 2025
Goodplace Property Limited
Unaudited accounts
Contents
Goodplace Property Limited
Statement of financial position
as at 31 December 2025
Tangible assets
869,054
981,180
Cash at bank and in hand
86,807
11,642
Creditors: amounts falling due within one year
(15,140)
(549)
Net current assets
73,031
12,457
Total assets less current liabilities
942,085
993,637
Creditors: amounts falling due after more than one year
(868,713)
(978,463)
Called up share capital
1,000
1,000
Profit and loss account
72,372
14,174
Shareholders' funds
73,372
15,174
For the year ending 31 December 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 7 September 2026 and were signed on its behalf by
Nigel Lewis Cossey
Director
Company Registration No. 09733757
Goodplace Property Limited
Notes to the Accounts
for the year ended 31 December 2025
Goodplace Property Limited is a private company, limited by shares, registered in England and Wales, registration number 09733757. The registered office is 18 The Albany, Ipswich, Suffolk, IP4 2TP.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Investment properties are included in the Balance Sheet at their open market value in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and are not depreciated. This treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company.
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2025
981,180
3,407
984,587
Disposals
(112,126)
-
(112,126)
At 31 December 2025
869,054
3,407
872,461
At 1 January 2025
-
3,407
3,407
At 31 December 2025
-
3,407
3,407
At 31 December 2025
869,054
-
869,054
At 31 December 2024
981,180
-
981,180
Goodplace Property Limited
Notes to the Accounts
for the year ended 31 December 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
14,488
-
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
721,013
830,763
Loans from directors
147,700
147,700
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).