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REGISTERED NUMBER: 10183330 (England and Wales)















Goldwell Manufacturing Services Limited

Unaudited Financial Statements

for the year ended

31 October 2025






Goldwell Manufacturing Services Limited (Registered number: 10183330)

Contents of the Financial Statements
for the year ended 31 October 2025










Page

Balance Sheet 1

Notes to the Financial Statements 2 to 4


Goldwell Manufacturing Services Limited (Registered number: 10183330)

Balance Sheet
31 October 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 5 292,136 250,883

CURRENT ASSETS
Stocks 6 50,000 100,000
Debtors 7 507,230 16,705
Cash at bank 444,157 628,011
1,001,387 744,716
CREDITORS
Amounts falling due within one year 8 (445,933 ) (401,230 )
NET CURRENT ASSETS 555,454 343,486
TOTAL ASSETS LESS CURRENT LIABILITIES 847,590 594,369

PROVISIONS FOR LIABILITIES (73,034 ) (62,721 )
NET ASSETS 774,556 531,648

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 774,456 531,548
SHAREHOLDERS' FUNDS 774,556 531,648

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 28 October 2026 and were signed on its behalf by:




M S Beck - Director



M J Edwards - Director


The notes form part of these financial statements

Page 1
Goldwell Manufacturing Services Limited (Registered number: 10183330)

Notes to the Financial Statements
for the year ended 31 October 2025


1. STATUTORY INFORMATION

Goldwell Manufacturing Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10183330

Registered office: Unit C
Salmon Road
Great Yarmouth
Norfolk
NR30 3QS

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Page 2 continued...
Goldwell Manufacturing Services Limited (Registered number: 10183330)

Notes to the Financial Statements - continued
for the year ended 31 October 2025


3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 13 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2024 590,982 2,548 39,481 5,190 638,201
Additions 114,233 - - - 114,233
At 31 October 2025 705,215 2,548 39,481 5,190 752,434
DEPRECIATION
At 1 November 2024 357,112 538 26,090 3,578 387,318
Charge for year 68,715 302 3,347 616 72,980
At 31 October 2025 425,827 840 29,437 4,194 460,298
NET BOOK VALUE
At 31 October 2025 279,388 1,708 10,044 996 292,136
At 31 October 2024 233,870 2,010 13,391 1,612 250,883

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Plant and
machinery
£   
COST
At 1 November 2024
and 31 October 2025 136,200
DEPRECIATION
At 1 November 2024 90,800
Charge for year 17,025
At 31 October 2025 107,825
NET BOOK VALUE
At 31 October 2025 28,375
At 31 October 2024 45,400

Page 3 continued...
Goldwell Manufacturing Services Limited (Registered number: 10183330)

Notes to the Financial Statements - continued
for the year ended 31 October 2025


6. STOCKS
2025 2024
£    £   
Stocks 15,000 30,000
Work-in-progress 35,000 70,000
50,000 100,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 504,906 15,500
Other debtors 500 -
Prepayments 1,824 1,205
507,230 16,705

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 52,949 21,996
Corporation tax 136,702 125,400
Social security and other taxes 17,318 8,138
VAT 7,209 28,231
Other creditors 1,940 1,232
Directors' current accounts 211,275 189,923
Accrued expenses 2,540 2,310
Deferred government grants 16,000 24,000
445,933 401,230

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
60 Ordinary A £1 60 60
40 Ordinary B £1 40 40
100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the end of the year the company owed the directors £211,275 (2024: £189,922) by way of loans provided on an interest free basis with no set repayment terms.

11. DEFERRED INCOME

Included in other creditors is £16,000 (2024: £24,000) received from the New Anglia Local Enterprise Partnership Growing Business Fund towards the cost of a new machine. The grant is being released to profit and loss over a period of 84 months as set out in the terms of the grant, commencing in the year ended 31 October 2019.

Page 4