Goodbrook Ltd - Accounts

Goodbrook Ltd
Contents Page
For the year ended 28 February 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Goodbrook Ltd Accountants' Report For the year ended 28 February 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Goodbrook Ltd for the year ended 28 February 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Goodbrook Ltd for the year ended 28 February 2025 which comprise of the Income Statement, the Statement of Financial Position, and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Goodbrook Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Goodbrook Ltd and state those matters that we have agreed to state to the Board of Directors of Goodbrook Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Goodbrook Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Goodbrook Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Goodbrook Ltd . You consider that Goodbrook Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Goodbrook Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 28 February 2025. .................................................... Pointon Young 33 Ludgate Hill Birmingham B3 1EH 18 November 2025 1

Goodbrook Ltd
Accountants' Report
For the year ended 28 February 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Goodbrook Ltd for the year ended 28 February 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Goodbrook Ltd for the year ended 28 February 2025 which comprise of the Income Statement, the Statement of Financial Position, and the related notes from the companys accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Goodbrook Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Goodbrook Ltd and state those matters that we have agreed to state to the Board of Directors of Goodbrook Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Goodbrook Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Goodbrook Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Goodbrook Ltd . You consider that Goodbrook Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Goodbrook Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
28 February 2025.

....................................................

Pointon Young
33 Ludgate Hill
Birmingham
B3 1EH
18 November 2025

1

Goodbrook Ltd
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,535,384	1,535,576
		1,535,384	1,535,576
Current assets
Debtors		220,261	223,261
Cash at bank and in hand		3,986	46,328
		224,247	269,589
Creditors: amount falling due within one year		(12,505)	(10,166)
Net current assets		211,742	259,423

Total assets less current liabilities		1,747,126	1,794,999
Creditors: amount falling due after more than one year		(694,000)	(775,020)
Net assets		1,053,126	1,019,979

Capital and reserves
Called up share capital	4	100	100
Revaluation Reserves		852,030	852,030
Profit and loss account		200,996	167,849
Shareholders' funds		1,053,126	1,019,979

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 18 November 2025 and were signed on its behalf by:

-------------------------------
M Petch
Director

2

Goodbrook Ltd
Notes to the Abridged Financial Statements
For the year ended 28 February 2025

General Information

Goodbrook Ltd is a private company, limited by shares, registered in England and Wales, registration number 03881609, registration address 419 Streetsbrook Road, Solihull, West Midlands, B91 1RE.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

25 Straight Line

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Investment properties	Total
	£	£	£
At 01 March 2024	9,174	1,535,000	1,544,174
Additions	-	-	-
Disposals	-	-	-
At 28 February 2025	9,174	1,535,000	1,544,174
Depreciation
At 01 March 2024	8,598	-	8,598
Charge for year	192	-	192
On disposals	-	-	-
At 28 February 2025	8,790	-	8,790
Net book values
Closing balance as at 28 February 2025	384	1,535,000	1,535,384
Opening balance as at 01 March 2024	576	1,535,000	1,535,576

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

3

Registered Number: 03881609
England and Wales
Abridged Accounts

for the year ended 28 February 2025
for
GOODBROOK LTD