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Company Registration No. 08897860 (England and Wales)
Gsmedicare Ltd. Unaudited accounts for the year ended 29 February 2024
Gsmedicare Ltd. Unaudited accounts Contents
Page
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Gsmedicare Ltd. Company Information for the year ended 29 February 2024
Director
Gurbhagwant Singh
Company Number
08897860 (England and Wales)
Registered Office
S K N Business Centre 1 Guildford Street Birmingham West Midlands B19 2HN England
Accountants
SKN Services Limited SKN Business Centre 1 Guildford St Birmingham B19 2HN
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Gsmedicare Ltd. Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
741 
926 
Current assets
Debtors
2,565 
1,222 
Cash at bank and in hand
430 
703 
2,995 
1,925 
Creditors: amounts falling due within one year
(3,425)
852 
Net current (liabilities)/assets
(430)
2,777 
Net assets
311 
3,703 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
211 
3,603 
Shareholders' funds
311 
3,703 
For the year ending 29 February 2024 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 6 March 2024 and were signed on its behalf by
Gurbhagwant Singh Director Company Registration No. 08897860
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Gsmedicare Ltd. Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Gsmedicare Ltd. is a private company, limited by shares, registered in England and Wales, registration number 08897860. The registered office is S K N Business Centre, 1 Guildford Street, Birmingham, West Midlands, B19 2HN, 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
20% on reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
3,159 
At 29 February 2024
3,159 
Depreciation
At 1 March 2023
2,233 
Charge for the year
185 
At 29 February 2024
2,418 
Net book value
At 29 February 2024
741 
At 28 February 2023
926 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,565 
1,222 
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Gsmedicare Ltd. Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
358 
86 
Taxes and social security
2,069 
10,162 
Loans from directors
998 
(11,100)
3,425 
(852)
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Gurbhagwant Singh
Loan
11,100 
- 
11,100 
- 
11,100 
- 
11,100 
- 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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