Goldacre Developments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05668772 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

Goldacre Developments Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms A L Booth

Mr M Swift

SECRETARY:

Mr M Swift

REGISTERED OFFICE:

River House

147 High Street

Hull

HU1 1PS

REGISTERED NUMBER:

05668772 (England and Wales)

ACCOUNTANTS:

360 Accountants Limited

18-19 Albion Street

Hull

East Yorkshire

HU1 3TG

BANKERS:

Handelsbanken

Marina Court

18 Castle Street

Hull

East Yorkshire

HU1 1TJ

FIXED ASSETS

Tangible assets

5

348,830

348,830

CURRENT ASSETS

Cash at bank

1,537

364

CREDITORS

Amounts falling due within one year

43,501

41,231

NET CURRENT LIABILITIES

(41,964

)

(40,867

)

TOTAL ASSETS LESS CURRENT LIABILITIES

306,866

307,963

CREDITORS

Amounts falling due after more than one year

72,172

88,172

NET ASSETS

234,694

219,791

CAPITAL AND RESERVES

Called up share capital

6

1,000

1,000

Retained earnings

233,694

218,791

SHAREHOLDERS' FUNDS

234,694

219,791

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 September 2022 and were signed on its behalf by:

Mr M Swift - Director

1.	STATUTORY INFORMATION

Goldacre Developments Limited 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.	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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Nil

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2021

and 31 December 2021

362,089

DEPRECIATION

At 1 January 2021

and 31 December 2021

13,259

NET BOOK VALUE

At 31 December 2021

348,830

At 31 December 2020

348,830

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/21

31/12/20

value:

£

£

1,000

Ordinary

£1

1,000

1,000

7.	ULTIMATE CONTROLLING PARTY

During the period under review there was no one ultimate controlling party.