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Company Registration No. 11368041 (England and Wales)
GSK CONSTRUCTION MCR LIMITED Unaudited accounts for the year ended 31 May 2023
GSK CONSTRUCTION MCR LIMITED Unaudited accounts Contents
Page
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GSK CONSTRUCTION MCR LIMITED Company Information for the year ended 31 May 2023
Director
Kim Kawaljeet Singh Landa
Company Number
11368041 (England and Wales)
Registered Office
423 HOLCOMBE ROAD BURY LANCASHIRE BL8 4HB UNITED KINGDOM
Accountants
SK Accountants MCR Ltd 86 Bury Old Road Manchester Manchester M8 5BW
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GSK CONSTRUCTION MCR LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
655,317 
305,317 
Current assets
Debtors
75,000 
- 
Creditors: amounts falling due within one year
(252,585)
(69,008)
Net current liabilities
(177,585)
(69,008)
Total assets less current liabilities
477,732 
236,309 
Creditors: amounts falling due after more than one year
(294,072)
(300,923)
Net assets/(liabilities)
183,660 
(64,614)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
183,560 
(64,714)
Shareholders' funds
183,660 
(64,614)
For the year ending 31 May 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 7 February 2024 and were signed on its behalf by
Kim Kawaljeet Singh Landa Director Company Registration No. 11368041
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GSK CONSTRUCTION MCR LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
GSK CONSTRUCTION MCR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11368041. The registered office is 423 HOLCOMBE ROAD, BURY, LANCASHIRE, BL8 4HB, UNITED KINGDOM.
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
These financial statements for the year ended 31 May 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At valuation 
At 1 June 2022
305,317 
Additions
50,000 
Revaluations
300,000 
At 31 May 2023
655,317 
Depreciation
At 31 May 2023
- 
Net book value
At 31 May 2023
655,317 
At 31 May 2022
305,317 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Deferred tax asset
75,000 
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GSK CONSTRUCTION MCR LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
75,000 
- 
Other creditors
600 
600 
Loans from directors
176,985 
68,408 
252,585 
69,008 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
294,072 
300,923 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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