Company registration number 12016289 (England and Wales)
GOODE PROPERTY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MAY 2026
GOODE PROPERTY LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
GOODE PROPERTY LIMITED
BALANCE SHEET
AS AT
30 MAY 2026
30 May 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
100
134
Investment property
4
1,049,031
1,049,031
1,049,131
1,049,165
Current assets
Debtors
5
1,095,885
849,511
Cash at bank and in hand
3,176
501
1,099,061
850,012
Creditors: amounts falling due within one year
6
(1,631,416)
(1,364,319)
Net current liabilities
(532,355)
(514,307)
Total assets less current liabilities
516,776
534,858
Creditors: amounts falling due after more than one year
7
(652,605)
(653,102)
Provisions for liabilities
(10,764)
(10,764)
Net liabilities
(146,593)
(129,008)
Capital and reserves
Called up share capital
100
100
Non-distributable profits reserve
9
45,890
45,890
Distributable profit and loss reserves
(192,583)
(174,998)
Total equity
(146,593)
(129,008)
GOODE PROPERTY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 MAY 2026
30 May 2026
- 2 -

For the financial year ended 30 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 24 September 2026
Mr S J B Goode
Director
Company registration number 12016289 (England and Wales)
GOODE PROPERTY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MAY 2026
- 3 -
1
Accounting policies
Company information

Goode Property Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2-4 Packhorse Road, Gerrards Cross, Buckinghamshire, SL9 7QE.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

Ttruehe financial statements have been prepared on a going concern basis as the directors have confirmed that they will continue to support the company for the foreseeable future and meet the excess liabilities if the company fails to do so.

1.3
Revenue

Turnover represents the total amount receivable in respect of rental income and related income out of the ownership of investment properties.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

GOODE PROPERTY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 MAY 2026
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 31 May 2025 and 30 May 2026
674
Depreciation and impairment
At 31 May 2025
540
Depreciation charged in the year
34
At 30 May 2026
574
Carrying amount
At 30 May 2026
100
At 30 May 2025
134
4
Investment property
2026
£
Fair value
At 31 May 2025 and 30 May 2026
1,049,031

Investment property comprises £1,049,031 (2025: £1,049,031). The director considers the valuation of the freehold investment properties fairly reflects their open market values. This has been based by reference to market evidence of transaction prices for similar properties. The historical cost of these properties totals £992,377 (2025: £992,377).

5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Other debtors
992,230
745,856
Prepayments and accrued income
103,655
103,655
1,095,885
849,511
GOODE PROPERTY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 MAY 2026
- 5 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
216
-
0
Other creditors
1,628,450
1,360,803
Accruals and deferred income
2,750
3,516
1,631,416
1,364,319
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
652,605
653,102
8
Secured Debts

As at 31 May 2026 secured debts were held over the investment properties of the company.

9
Non-distributable profits reserve
2026
2025
£
£
At the beginning and end of the year
45,890
45,890
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