Good One Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05859708 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2018

for

Good One Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E Harnett

N Harnett

SECRETARY:

N Harnett

REGISTERED OFFICE:

145-157 St John Street

London

EC1V 4PW

REGISTERED NUMBER:

05859708 (England and Wales)

ACCOUNTANTS:

Helen Lowe Ltd

17-21 East Mayfield

Edinburgh

EH9 1SE

FIXED ASSETS

Tangible assets

4

890

1,047

CURRENT ASSETS

Debtors

5

16,707

32,457

Cash at bank

11,169

2,197

27,876

34,654

CREDITORS

Amounts falling due within one year

6

19,949

16,436

NET CURRENT ASSETS

7,927

18,218

TOTAL ASSETS LESS CURRENT LIABILITIES

8,817

19,265

CREDITORS

Amounts falling due after more than one year

7

(6,634

)

(18,154

)

PROVISIONS FOR LIABILITIES

(169

)

(199

)

NET ASSETS

2,014

912

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,012

910

SHAREHOLDERS' FUNDS

2,014

912

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 29 March 2019 and were signed on its behalf by:

Mrs E Harnett - Director

1.	STATUTORY INFORMATION

Good One 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 etc

-

15% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2017

and 30 June 2018

5,373

DEPRECIATION

At 1 July 2017

4,326

Charge for year

157

At 30 June 2018

4,483

NET BOOK VALUE

At 30 June 2018

890

At 30 June 2017

1,047

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Trade debtors

-

4,854

Other debtors

16,707

27,603

16,707

32,457

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Bank loans and overdrafts

3,519

3,519

Taxation and social security

14,522

11,087

Other creditors

1,908

1,830

19,949

16,436

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.18

30.6.17

£

£

Bank loans

6,634

18,154

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2018 and

30 June 2017:

30.6.18

30.6.17

£

£

Mrs E Harnett and N Harnett

Balance outstanding at start of year

26,468

17,149

Amounts advanced

-

9,319

Amounts repaid

(10,896

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,572

26,468

9.	RELATED PARTY DISCLOSURES