1 March 2022 false No description of principal activity Taxfiler 2023.10.2 10022465business:PrivateLimitedCompanyLtd2022-03-012023-02-28 100224652022-02-28 100224652022-03-012023-02-28 10022465business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 10022465business:FilletedAccounts2022-03-012023-02-28 100224652023-02-28 10022465business:Director12022-03-012023-02-28 10022465business:RegisteredOffice2022-03-012023-02-28 100224652022-02-28 10022465core:WithinOneYear2023-02-28 10022465core:WithinOneYear2022-02-28 10022465core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10022465core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 10022465core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10022465core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 10022465core:PreviouslyStatedAmount2023-02-28 10022465core:PreviouslyStatedAmount2022-02-28 10022465business:SmallEntities2022-03-012023-02-28 10022465countries:EnglandWales2022-03-012023-02-28 10022465core:ComputerEquipment2022-03-012023-02-28 10022465core:ComputerEquipment2022-02-28 10022465core:ComputerEquipment2023-02-28 100224652021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10022465 (England and Wales)
GODSOWN BUSINESS SOLUTIONS LTD Unaudited accounts for the year ended 28 February 2023
GODSOWN BUSINESS SOLUTIONS LTD Unaudited accounts Contents
Page
- 2 -
GODSOWN BUSINESS SOLUTIONS LTD Company Information for the year ended 28 February 2023
Director
Dr Victor Umebuani
Company Number
10022465 (England and Wales)
Registered Office
1ST FLOOR 2 WOODBERRY GROVE FINCHLEY LONDON N12 0DR ENGLAND
- 3 -
GODSOWN BUSINESS SOLUTIONS LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,166 
1,296 
Current assets
Cash at bank and in hand
18,903 
23,530 
Creditors: amounts falling due within one year
(30,566)
(24,288)
Net current liabilities
(11,663)
(758)
Net (liabilities)/assets
(10,497)
538 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(10,499)
536 
Shareholders' funds
(10,497)
538 
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts 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 FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 November 2023 and were signed on its behalf by
Dr Victor Umebuani Director Company Registration No. 10022465
- 4 -
GODSOWN BUSINESS SOLUTIONS LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
GODSOWN BUSINESS SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 10022465. The registered office is 1ST FLOOR, 2 WOODBERRY GROVE, FINCHLEY, LONDON, N12 0DR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Macbook and Printer
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
2,000 
At 28 February 2023
2,000 
Depreciation
At 1 March 2022
704 
Charge for the year
130 
At 28 February 2023
834 
Net book value
At 28 February 2023
1,166 
At 28 February 2022
1,296 
- 5 -
GODSOWN BUSINESS SOLUTIONS LTD Notes to the Accounts for the year ended 28 February 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
23,916 
27,600 
Taxes and social security
6,000 
5,593 
Loans from directors
- 
(9,505)
Accruals
650 
600 
30,566 
24,288 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -