Good News Shared Ltd
Good News Shared Ltd
Registered number: 10489691
Unaudited Financial Statements
For The Year Ended
31 October 2022
March Mutual Ltd
F25 Waterfront Studios
1 Dock Road
London
E16 1AH
Good News Shared Ltd
Unaudited Financial Statements
For The Year Ended
31 October 2022
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
Page 1
Good News Shared Ltd
Balance Sheet
As At
31 October 2022
Balance Sheet
Registered number:
10489691
For the year ending 31 October 2022 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
2022 | 2021 as restated |
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Debtors | 3 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 4 |
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NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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NET LIABILITIES |
( |
( |
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CAPITAL AND RESERVES | |||||
Called up share capital | 5 |
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Profit and Loss Account |
( |
( |
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SHAREHOLDERS' FUNDS | (20,588) | (18,343) | |||
On behalf of the board
Director
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The notes on page 2 form part of these financial statements.
Page 1
Page 2
Good News Shared Ltd
Notes to the Financial Statements
For The Year Ended
31 October 2022
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2022 | 2021 | ||
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Office and administration |
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3.
Debtors
2022 | 2021 as restated |
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£ | £ | ||
Due within one year | |||
Trade debtors |
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4.
Creditors: Amounts Falling Due Within One Year
2022 | 2021 as restated |
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£ | £ | ||
Accruals and deferred income |
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Director's loan account |
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5.
Share Capital
2022 | 2021 as restated |
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£ | £ | ||
Allotted, Called up and fully paid |
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Page 2