REGISTERED NUMBER: |
GSMT Services Ltd |
Financial Statements |
for the Year Ended 31 March 2023 |
REGISTERED NUMBER: |
GSMT Services Ltd |
Financial Statements |
for the Year Ended 31 March 2023 |
GSMT Services Ltd (Registered number: 12972316) |
Contents of the Financial Statements |
for the Year Ended 31 March 2023 |
Page |
Company information | 1 |
Statement of financial position | 2 |
Notes to the financial statements | 3 | to | 4 |
GSMT Services Ltd |
Company Information |
for the Year Ended 31 March 2023 |
Director: |
Registered office: |
Registered number: |
Auditors: |
27 Market Place |
Market Deeping |
Peterborough |
Cambs |
PE6 8EA |
GSMT Services Ltd (Registered number: 12972316) |
Statement of Financial Position |
31 March 2023 |
2023 | 2022 |
Notes | £ | £ |
Current assets |
Debtors | 5 |
Total assets less current liabilities |
Capital and reserves |
Called up share capital |
In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
GSMT Services Ltd (Registered number: 12972316) |
Notes to the Financial Statements |
for the Year Ended 31 March 2023 |
1. | Statutory information |
GSMT Services Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | Statement of compliance |
3. | Accounting policies |
Basis of preparing the financial statements |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Financial reporting standard 102 - reduced disclosure exemptions |
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the uk and Republic of Ireland": |
- the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c); |
- the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A |
- The requirements of Section 33 Related Party Disclosures paragraph 33.7. |
This information is included in the consolidated financial statements of GSMT Holdings Limited as at 31 March 2023 and these financial statements may be obtained from Lodge Farm, Knights End Road, Floods Ferry, March, PE15 0YN. |
GSMT Services Ltd (Registered number: 12972316) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
4. | Employees and directors |
The average number of employees during the year was NIL (2022 - NIL). |
5. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Other debtors |
6. | Disclosure under Section 444(5B) of the Companies Act 2006 |
The Report of the auditors was unqualified. |
for and on behalf of |
7. | Ultimate controlling party |
GSMT Holdings Limited is the ultimate parent company. |
GSMT Holdings Limited prepare group financial statements and copies can be obtained from Lodge Farm, Knights End Road, Floods Ferry, March, PE15 0YN. |
The ultimate controlling party is B Ward & N Bowers. |
8. | Auditors' information |
The auditors' report on the financial statements for the period ended 31 March 2023 was unqualified. |
The audit was signed on 18th October 2023 by Mark Hildred (Senior Statutory Auditor) on behalf of Moore Thompson. |
9. | Related party transactions |
The company has taken advantage of the exemption available not to disclose related party transactions with companies that are wholly owned within the group. |