Gosford_Investments_Ltd_30_Apr_2023_companies_house_set_of_accounts.html
Gosford_Investments_Ltd_30_Apr_2023_companies_house_set_of_accounts.html
Company registration number:
Statement of Financial Position
2023 | 2022 | ||||
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Note | £ | £ | |||
Fixed assets | |||||
Investments | 4 |
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Current assets | |||||
Debtors | 5 |
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Investments | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 7 |
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Net current assets |
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Total assets less current liabilities | 3,865,194 | 3,230,938 | |||
Capital and reserves | |||||
Called up share capital |
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Revaluation reserve |
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Other reserves |
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Profit and loss account |
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Shareholders funds |
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For the year ending 30 April 2023 , 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 financial statements for the year in question in accordance with section 476; The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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.
These financial statements were approved by the board of directors and authorised for issue on 12 January 2024 , and are signed on behalf of the board by:
Director | Director |
Company registration number:
NI049242
Notes to the Financial Statements
Year ended 30 April 2023
1 General information
The company is a private company limited by shares and is registered in Northern Ireland. The address of the registered office is Upper Floors 336 , Belfast , Antrim , BT9 6GH , United Kingdom.
2 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Current tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Investment properties
Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
3 Average number of employees
The average number of persons employed by the company during the year was 2 (2022: 2.00 ).
4 Investments
Other investments other than loans | ||
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£ | ||
Cost | ||
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Impairment | ||
At |
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Reversal of past impairment losses |
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Carrying amount | ||
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At 30 April 2022 |
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5 Debtors
2023 | 2022 | |||
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£ | £ | |||
Trade debtors |
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Other debtors | - |
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6 Investments
2023 | 2022 | |||
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£ | £ | |||
Other current asset investments |
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7 Creditors: amounts falling due within one year
2023 | 2022 | |||
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£ | £ | |||
Taxation and social security |
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Other creditors |
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8 Controlling party
The ultimate controlling party is Mr David Agnew