REGISTERED NUMBER: 10557205 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Goldstone Recovery Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M D Goldstone

Mr B J Goldstone

REGISTERED OFFICE:

Broom House

39/43 London Road

Hadleigh, Benfleet

Essex

SS7 2QL

REGISTERED NUMBER:

10557205 (England and Wales)

ACCOUNTANTS:

BPSL

Brooms Professional Services Limited

Chartered Certified Accountants

Broom House

39/43 London Road

Hadleigh, Benfleet

Essex

SS7 2QL

FIXED ASSETS

Tangible assets

4

754,080

490,296

CURRENT ASSETS

Stocks

1,936

1,936

Debtors

5

305,841

261,913

Cash at bank

282,634

174,686

590,411

438,535

CREDITORS

Amounts falling due within one year

6

388,240

293,606

NET CURRENT ASSETS

202,171

144,929

TOTAL ASSETS LESS CURRENT LIABILITIES

956,251

635,225

CREDITORS

Amounts falling due after more than one year

7

(375,473

)

(187,487

)

PROVISIONS FOR LIABILITIES

(170,946

)

(103,878

)

NET ASSETS

409,832

343,860

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

409,830

343,858

409,832

343,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 17 September 2026 and were signed on its behalf by:

Mr M D Goldstone - Director

Mr B J Goldstone - Director

1.	STATUTORY INFORMATION

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

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 24 (2025 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 April 2025

36,760

778,637

13,206

828,603

Additions

37,335

369,119

943

407,397

Disposals

-

(89,995

)

-

(89,995

)

At 31 March 2026

74,095

1,057,761

14,149

1,146,005

DEPRECIATION

At 1 April 2025

18,902

312,673

6,732

338,307

Charge for year

4,555

97,414

1,311

103,280

Eliminated on disposal

-

(49,662

)

-

(49,662

)

At 31 March 2026

23,457

360,425

8,043

391,925

NET BOOK VALUE

At 31 March 2026

50,638

697,336

6,106

754,080

At 31 March 2025

17,858

465,964

6,474

490,296

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

280,805

209,087

Rent Deposits

14,750

14,750

Other debtors

90

27,691

Prepayments

10,196

10,385

305,841

261,913

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

189,495

112,429

Trade creditors

61,032

29,942

Tax

9,242

34,292

Social security and other taxes

24,816

18,034

VAT

41,867

43,915

Other creditors

48,788

37,154

Directors' current accounts

-

5,090

Accrued expenses

13,000

12,750

388,240

293,606

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

375,473

187,487