Goodies Properties Limited
|
Registered number: |
04228839
|
Balance Sheet |
as at 30 June 2021
|
|
Notes |
|
|
2021 |
|
|
2020 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
16,570,387 |
|
|
16,573,165 |
Investments |
4 |
|
|
14,040 |
|
|
14,040 |
|
|
|
|
16,584,427 |
|
|
16,587,205 |
|
Current assets |
Debtors |
5 |
|
2,010,333 |
|
|
1,743,260 |
Cash at bank and in hand |
|
|
85,491 |
|
|
149,906 |
|
|
|
2,095,824 |
|
|
1,893,166 |
|
Creditors: amounts falling due within one year |
6 |
|
(197,146) |
|
|
(208,684) |
|
Net current assets |
|
|
|
1,898,678 |
|
|
1,684,482 |
|
Total assets less current liabilities |
|
|
|
18,483,105 |
|
|
18,271,687 |
|
Creditors: amounts falling due after more than one year |
7 |
|
|
(5,502,540) |
|
|
(5,552,088) |
|
|
|
Net assets |
|
|
|
12,980,565 |
|
|
12,719,599 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Reserve |
8 |
|
|
11,415,044 |
|
|
11,415,044 |
Profit and loss account |
|
|
|
1,565,421 |
|
|
1,304,455 |
|
Shareholders' funds |
|
|
|
12,980,565 |
|
|
12,719,599 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
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.
|
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
|
|
|
|
Mr Issam Fayez |
Director |
Approved by the board on 29 June 2022
|
|
Goodies Properties Limited
|
Notes to the Accounts |
for the year ended 30 June 2021
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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).
|
|
2 |
Employees |
2021 |
|
2020 |
Number |
Number |
|
|
Average number of persons employed by the company |
7 |
|
7 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
£ |
£ |
£ |
£ |
|
Cost |
|
At 1 July 2020 |
16,550,000 |
|
61,156 |
|
4,443 |
|
16,615,599 |
|
Additions |
- |
|
835 |
|
- |
|
835 |
|
At 30 June 2021 |
16,550,000 |
|
61,991 |
|
4,443 |
|
16,616,434 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2020 |
- |
|
38,120 |
|
4,314 |
|
42,434 |
|
Charge for the year |
- |
|
3,581 |
|
32 |
|
3,613 |
|
At 30 June 2021 |
- |
|
41,701 |
|
4,346 |
|
46,047 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2021 |
16,550,000 |
|
20,290 |
|
97 |
|
16,570,387 |
|
At 30 June 2020 |
16,550,000 |
|
23,036 |
|
129 |
|
16,573,165 |
|
|
4 |
Investments |
Investments in |
subsidiary |
undertakings |
£ |
|
Cost |
|
At 1 July 2020 |
14,040 |
|
|
At 30 June 2021 |
14,040 |
|
|
5 |
Debtors |
2021 |
|
2020 |
£ |
£ |
|
|
Trade debtors |
1,460 |
|
1,460 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
2,004,901 |
|
1,737,866 |
|
Other debtors |
3,972 |
|
3,934 |
|
|
|
|
|
|
2,010,333 |
|
1,743,260 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
£ |
£ |
|
|
Bank loans and overdrafts |
474 |
|
1,638 |
|
Pension CA |
39 |
|
40 |
|
Taxation and social security costs |
6,770 |
|
401 |
|
Other creditors |
189,863 |
|
206,605 |
|
|
|
|
|
|
197,146 |
|
208,684 |
|
|
|
|
|
|
|
|
|
|
7 |
Creditors: amounts falling due after one year |
2021 |
|
2020 |
£ |
£ |
|
|
Bank loans |
5,455,767 |
|
5,505,463 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
46,773 |
|
46,625 |
|
|
|
|
|
|
5,502,540 |
|
5,552,088 |
|
|
|
|
|
|
|
|
|
|
8 |
Reserve |
2021 |
|
2020 |
£ |
£ |
|
|
At 1 July 2020 |
11,415,044 |
|
11,415,044 |
|
|
At 30 June 2021 |
11,415,044 |
|
11,415,044 |
|
|
|
|
|
|
|
|
|
|
9 |
Related party transactions |
2021 |
|
2020 |
|
|
|
|
|
|
£ |
|
£ |
|
Inner Estate Limited |
(14,625) |
|
(18,012) |
|
A Company Controlled by I Fayez |
|
|
IFDC Properties Limited |
327,681 |
|
328,544 |
|
A Company Controlled by I Fayez |
|
|
IFOS SAL |
2,402,485 |
|
1,347,365 |
|
A company controlled by I Fayez and N Fayez |
|
|
Reenades Ltd |
22,007 |
|
22,007 |
|
A company controlled by N Fayez |
|
|
Sofsal Ltd |
(779,420) |
|
9,440 |
|
A Company Controlled by I Fayez |
|
|
|
|
10 |
Other information |
|
|
Goodies Properties Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit 4 Stirling Court Yard |
|
Stirling Way |
|
Herts |
|
United Kingdom |
|
WD6 2FX |