2022-03-012023-02-282023-02-28false09983046THE GAMSA LIMITED2023-10-10iso4217:GBPxbrli:pure099830462022-03-01099830462023-02-28099830462022-03-012023-02-28099830462021-03-01099830462022-02-28099830462021-03-012022-02-2809983046bus:SmallEntities2022-03-012023-02-2809983046bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2809983046bus:AbridgedAccounts2022-03-012023-02-2809983046bus:PrivateLimitedCompanyLtd2022-03-012023-02-2809983046core:WithinOneYear2023-02-2809983046core:AfterOneYear2023-02-2809983046core:WithinOneYear2022-02-2809983046core:AfterOneYear2022-02-2809983046core:ShareCapital2023-02-2809983046core:SharePremium2023-02-2809983046core:RevaluationReserve2023-02-2809983046core:OtherReservesSubtotal2023-02-2809983046core:RetainedEarningsAccumulatedLosses2023-02-2809983046core:ShareCapital2022-02-2809983046core:SharePremium2022-02-2809983046core:RevaluationReserve2022-02-2809983046core:OtherReservesSubtotal2022-02-2809983046core:RetainedEarningsAccumulatedLosses2022-02-2809983046core:LandBuildings2023-02-2809983046core:PlantMachinery2023-02-2809983046core:Vehicles2023-02-2809983046core:FurnitureFittings2023-02-2809983046core:OfficeEquipment2023-02-2809983046core:NetGoodwill2023-02-2809983046core:IntangibleAssetsOtherThanGoodwill2023-02-2809983046core:ListedExchangeTraded2023-02-2809983046core:UnlistedNon-exchangeTraded2023-02-2809983046core:LandBuildings2022-02-2809983046core:PlantMachinery2022-02-2809983046core:Vehicles2022-02-2809983046core:FurnitureFittings2022-02-2809983046core:OfficeEquipment2022-02-2809983046core:NetGoodwill2022-02-2809983046core:IntangibleAssetsOtherThanGoodwill2022-02-2809983046core:ListedExchangeTraded2022-02-2809983046core:UnlistedNon-exchangeTraded2022-02-2809983046core:LandBuildings2022-03-012023-02-2809983046core:PlantMachinery2022-03-012023-02-2809983046core:Vehicles2022-03-012023-02-2809983046core:FurnitureFittings2022-03-012023-02-2809983046core:OfficeEquipment2022-03-012023-02-2809983046core:NetGoodwill2022-03-012023-02-2809983046core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2809983046core:ListedExchangeTraded2022-03-012023-02-2809983046core:UnlistedNon-exchangeTraded2022-03-012023-02-2809983046core:MoreThanFiveYears2022-03-012023-02-2809983046core:Non-currentFinancialInstruments2023-02-2809983046core:Non-currentFinancialInstruments2022-02-2809983046dpl:CostSales2022-03-012023-02-2809983046dpl:DistributionCosts2022-03-012023-02-2809983046dpl:AdministrativeExpenses2022-03-012023-02-2809983046core:LandBuildings2022-03-012023-02-2809983046core:PlantMachinery2022-03-012023-02-2809983046core:Vehicles2022-03-012023-02-2809983046core:FurnitureFittings2022-03-012023-02-2809983046core:OfficeEquipment2022-03-012023-02-2809983046core:NetGoodwill2022-03-012023-02-2809983046core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2809983046dpl:GroupUndertakings2022-03-012023-02-2809983046dpl:ParticipatingInterests2022-03-012023-02-2809983046dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2809983046core:ListedExchangeTraded2022-03-012023-02-2809983046dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2809983046core:UnlistedNon-exchangeTraded2022-03-012023-02-2809983046dpl:CostSales2021-03-012022-02-2809983046dpl:DistributionCosts2021-03-012022-02-2809983046dpl:AdministrativeExpenses2021-03-012022-02-2809983046core:LandBuildings2021-03-012022-02-2809983046core:PlantMachinery2021-03-012022-02-2809983046core:Vehicles2021-03-012022-02-2809983046core:FurnitureFittings2021-03-012022-02-2809983046core:OfficeEquipment2021-03-012022-02-2809983046core:NetGoodwill2021-03-012022-02-2809983046core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2809983046dpl:GroupUndertakings2021-03-012022-02-2809983046dpl:ParticipatingInterests2021-03-012022-02-2809983046dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2809983046core:ListedExchangeTraded2021-03-012022-02-2809983046dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2809983046core:UnlistedNon-exchangeTraded2021-03-012022-02-2809983046core:NetGoodwill2023-02-2809983046core:IntangibleAssetsOtherThanGoodwill2023-02-2809983046core:LandBuildings2023-02-2809983046core:PlantMachinery2023-02-2809983046core:Vehicles2023-02-2809983046core:FurnitureFittings2023-02-2809983046core:OfficeEquipment2023-02-2809983046core:AfterOneYear2023-02-2809983046core:WithinOneYear2023-02-2809983046core:ListedExchangeTraded2023-02-2809983046core:UnlistedNon-exchangeTraded2023-02-2809983046core:ShareCapital2023-02-2809983046core:SharePremium2023-02-2809983046core:RevaluationReserve2023-02-2809983046core:OtherReservesSubtotal2023-02-2809983046core:RetainedEarningsAccumulatedLosses2023-02-2809983046core:NetGoodwill2022-02-2809983046core:IntangibleAssetsOtherThanGoodwill2022-02-2809983046core:LandBuildings2022-02-2809983046core:PlantMachinery2022-02-2809983046core:Vehicles2022-02-2809983046core:FurnitureFittings2022-02-2809983046core:OfficeEquipment2022-02-2809983046core:AfterOneYear2022-02-2809983046core:WithinOneYear2022-02-2809983046core:Listed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THE GAMSA LIMITED

Registered Number
09983046
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

THE GAMSA LIMITED
Company Information
for the year from 1 March 2022 to 28 February 2023

Director

KIM, Sandra Liming

Registered Address

6 Mulgrave Road
Sutton
SM2 6LE

Registered Number

09983046 (England and Wales)
THE GAMSA LIMITED
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets632,74434,228
32,74434,228
Current assets
Debtors7152,102
Cash at bank and on hand47,80288,558
48,51790,660
Creditors amounts falling due within one year(9,498)(14,702)
Net current assets (liabilities)39,01975,958
Total assets less current liabilities71,763110,186
Creditors amounts falling due after one year(45,352)(85,029)
Net assets26,41125,157
Capital and reserves
Called up share capital1,0001,000
Profit and loss account25,41124,157
Shareholders' funds26,41125,157
The financial statements were approved and authorised for issue by the Director on 10 October 2023, and are signed on its behalf by:
KIM, Sandra Liming
Director
Registered Company No. 09983046
THE GAMSA LIMITED
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company during the year continued to be a Licensed Japanese Restaurant.
4.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Land and buildings20
Fixtures and fittings25
Office Equipment33
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
Going concern
These financial statements have been prepared in accordance with the provisions of section 1A ''Small Entities'' of FRS 102 '' The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The company's financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future on the grounds that the Director will continue to financially support the company until such time has the business achieves financial viability. The company financial statements do not reflect any adjustments that would be required if they were to be prepared on a basis other than the going concern basis.
5.Employee information

20232022
Average number of employees during the year1010
6.Property, plant and equipment

Total

£
Cost or valuation
At 01 March 2263,687
Additions2,500
At 28 February 2366,187
Depreciation and impairment
At 01 March 2229,459
Charge for year3,984
At 28 February 2333,443
Net book value
At 28 February 2332,744
At 28 February 2234,228
7.Description of nature of transactions and balances with related parties
The company was under the control of Ms. Sandra Liming Kim throughout the current and previous financial periods. Ms. Kim is the managing director and majority shareholder. As at 28 February 2023, there was an amount of £38,692 owing to the director Ms. Sandra Liming Kim (£49,317 @ 28 February 2022), this amount is interest free, unsecured and has no fixed repayment terms. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.
8.Dividends proposed and payable
The proposed dividends due to its director as at 28 February 2023 was £12,000.