G-Hosp Ltd - Accounts

G-Hosp Ltd
Contents Page
For the year ended 28 February 2023

Company information	1
Directors' report	2
Accountants' report	3
Statement of financial position	4
Notes to the financial statements	5

G-Hosp Ltd
Company Information
For the year ended 28 February 2023

Directors	Jonathon Gettings Claire Gettings
Registered Number	12458218
Registered Office	1 The Bridgeway Woolston Portsmouth Road Southampton SO19 7PE
Accountants	JSR MANAGEMENT & HR CONSULTANCY SERVICES LTD 1 The Bridgeway Portsmouth Road, Woolston Southampton SO19 7PE

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G-Hosp Ltd
Directors' Report
For the year ended 28 February 2023

Director's report and financial statements
The directors present their annual report and the financial statements for the year ended 28 February 2023.

Principal activities

Principal activity of the company during the financial year was of Event catering activities and other food services

Directors
The directors who served the company throughout the year were as follows:

Jonathon Gettings

Claire Gettings

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

Employment of disabled persons

Applications for employment by disabled persons are always fully considered, bearing in mind the respective aptitudes and abilities of the applicant concerned. In the event of employees becoming disabled every effort is made to ensure that their employment with the company continues and the appropriate training is arranged. It is the policy of the company that the training, career development and promotion of a disabled person should, as far as possible, be identical to that of an employee who does not suffer from a disability.

This report was approved by the board and signed on its behalf by:

----------------------------------
Jonathon Gettings
Director

Date approved: 12 September 2023

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G-Hosp Ltd Accountants' Report For the year ended 28 February 2023
Accountants report You consider that the company is exempt from an audit for the year ended 28 February 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. JSR MANAGEMENT & HR CONSULTANCY SERVICES LTD 1 The Bridgeway Portsmouth Road, Woolston Southampton SO19 7PE 12 September 2023 3

G-Hosp Ltd
Accountants' Report
For the year ended 28 February 2023

Accountants report
You consider that the company is exempt from an audit for the year ended 28 February 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

JSR MANAGEMENT & HR CONSULTANCY SERVICES LTD
1 The Bridgeway
Portsmouth Road, Woolston
Southampton
SO19 7PE
12 September 2023

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Registered Number: 12458218 G-Hosp Ltd
Statement of Financial Position
As at 28 February 2023

	Notes	2023 £	2022 £
Fixed assets
Tangible fixed assets	3	8,364	12,203
		8,364	12,203
Current assets
Debtors	4	477	9,508
Cash at bank and in hand		1,405	6,543
		1,882	16,051
Creditors: amount falling due within one year	5	(20,493)	(28,126)
Net current liabilities		(18,611)	(12,075)

Total assets less current liabilities		(10,247)	128
Provisions for liabilities	6	-	(15)
Net liabilities		(10,247)	113

Capital and reserves
Called up share capital		100	100
Profit and loss account		(10,347)	13
Shareholder's funds		(10,247)	113

For the year ended 28 February 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 accounts for the year in question in accordance with section 476.
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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 12 September 2023 and were signed on its behalf by:

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Jonathon Gettings
Director

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G-Hosp Ltd
Notes to the Financial Statements
For the year ended 28 February 2023

General Information

G-Hosp Ltd is a private company, limited by shares, registered in England, registration number 12458218, registration address 1 The Bridgeway Woolston, Portsmouth Road, Southampton, SO19 7PE.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors continue to support the business and have assessed whether the "going concern" basis of accounting is appropriate, considering all the available information about the future, which is at least, but not limited to, 12 months from the date of approval. At this time, the directors neither intend to liquidate the entity or to cease trading and therefore have prepared the Financial Statements on a "going concern" basis.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and any trade discounts applied.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	4 Straight Line
Motor Vehicles	4 Straight Line
Fixtures and Fittings	4 Straight Line
Computer Equipment	4 Straight Line

2.	Average number of employees Average number of employees during the year was 3 (2022 : 0).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 March 2022	15,926	250	113	1,831	18,120
Additions	292	-	131	418	841
Disposals	-	-	-	-	-
At 28 February 2023	16,218	250	244	2,249	18,961
Depreciation
At 01 March 2022	5,251	125	28	513	5,917
Charge for year	4,048	63	47	522	4,680
On disposals	-	-	-	-	-
At 28 February 2023	9,299	188	75	1,035	10,597
Net book values
Closing balance as at 28 February 2023	6,919	62	169	1,214	8,364
Opening balance as at 01 March 2022	10,675	125	85	1,318	12,203

4.

Debtors: amounts falling due within one year

	2023 £	2022 £
Trade Debtors	377	5,217
Prepayments & Accrued Income	-	575
Directors' Current Accounts	-	3,616
	377	9,408

4.

Debtors: amounts falling due after one year

	2023 £		2022 £
Called Up Share Capital Not Paid	100		100
	100		100

5.

Creditors: amount falling due within one year

	2023 £	2022 £
Trade Creditors	1,986	1,699
BBL Loan	15,751	19,618
TSB Bank Loan	985	1,226
Corporation Tax	-	1,508
PAYE & Social Security	99	486
Accrued Expenses	-	1,024
Directors' Current Accounts	1,672	-
VAT	-	2,565
	20,493	28,126

6.

Provisions for liabilities

	2023 £		2022 £
Pension Provisions	-		15
	-		15

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