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STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS |
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All of the members of Go it Local Investments Limited have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.
COMPANY REGISTRATION NUMBER:
08858791
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GO IT LOCAL INVESTMENTS LIMITED |
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FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS |
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GO IT LOCAL INVESTMENTS LIMITED |
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REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF
GO IT LOCAL INVESTMENTS LIMITED |
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YEAR ENDED 31 JANUARY 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Go it Local Investments Limited for the year ended 31 January 2026, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.
LANGARD LIFFORD HALL LIMITED
Accountants and Registered Auditors
Lifford Hall
Lifford Lane
Kings Norton
Birmingham
B30 3JN
24 August 2026
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GO IT LOCAL INVESTMENTS LIMITED |
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ABRIDGED STATEMENT OF FINANCIAL POSITION |
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31 January 2026
Current assets
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Debtors |
5,940 |
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5,940 |
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Cash at bank and in hand |
35,724 |
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35,816 |
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41,664 |
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41,756 |
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Creditors: amounts falling due within one year |
42,281 |
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37,011 |
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Net current (liabilities)/assets |
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(
617) |
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4,745 |
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Total assets less current liabilities |
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(
617) |
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4,745 |
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Creditors: amounts falling due after more than one year |
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– |
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5,000 |
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Net liabilities |
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(
617) |
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(
255) |
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Capital and reserves
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Called up share capital |
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100 |
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100 |
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Profit and loss account |
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(
717) |
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(
355) |
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Shareholders deficit |
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(
617) |
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(
255) |
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------------ |
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------------ |
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These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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GO IT LOCAL INVESTMENTS LIMITED |
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ABRIDGED STATEMENT OF FINANCIAL POSITION (continued) |
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31 January 2026
These abridged financial statements were approved by the
board of directors
and authorised for issue on
24 August 2026
, and are signed on behalf of the board by:
Company registration number:
08858791
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GO IT LOCAL INVESTMENTS LIMITED |
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NOTES TO THE ABRIDGED FINANCIAL STATEMENTS |
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YEAR ENDED 31 JANUARY 2026
1.
General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lifford Hall, Lifford Lane, Kings Norton, Birmingham, West Midlands, B30 3JN.
2.
Statement of Compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting Policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all its liabilities.
4.
Directors' Advances, Credits and Guarantees
Amounts owed to the directors at the balance sheet date was £Nil. (2025: £Nil).