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Company Registration No. 12893134 (England and Wales)
GPSI GROUP LIMITED Unaudited accounts for the year ended 31 October 2023
GPSI GROUP LIMITED Unaudited accounts Contents
Page
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GPSI GROUP LIMITED Company Information for the year ended 31 October 2023
Director
Chen Ni
Company Number
12893134 (England and Wales)
Registered Office
LAKESVIEW FARNBOROUGH COMMON ORPINGTON BR6 7BU ENGLAND
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GPSI GROUP LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
722 
- 
Investments
4,106,037 
486,381 
4,106,759 
486,381 
Current assets
Debtors
449,054 
50,230 
Cash at bank and in hand
931,758 
83,272 
1,380,812 
133,502 
Creditors: amounts falling due within one year
(4,359,059)
(100,000)
Net current (liabilities)/assets
(2,978,247)
33,502 
Total assets less current liabilities
1,128,512 
519,883 
Creditors: amounts falling due after more than one year
(201,646)
- 
Net assets
926,866 
519,883 
Capital and reserves
Called up share capital
5 
5 
Profit and loss account
926,861 
519,878 
Shareholders' funds
926,866 
519,883 
For the year ending 31 October 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 31 July 2024 and were signed on its behalf by
Chen Ni Director Company Registration No. 12893134
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GPSI GROUP LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
GPSI GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12893134. The registered office is LAKESVIEW, FARNBOROUGH COMMON, ORPINGTON, BR6 7BU, 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.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2022
- 
Additions
1,083 
At 31 October 2023
1,083 
Depreciation
Charge for the year
361 
At 31 October 2023
361 
Net book value
At 31 October 2023
722 
5
Investments
Other investments 
£ 
Valuation at 1 November 2022
486,381 
Additions
3,619,656 
Valuation at 31 October 2023
4,106,037 
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GPSI GROUP LIMITED Notes to the Accounts for the year ended 31 October 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
255,001 
50,230 
Other debtors
2,251 
- 
257,252 
50,230 
Amounts falling due after more than one year
Other debtors
191,802 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
245,699 
- 
Trade creditors
2 
- 
Taxes and social security
12,363 
- 
Loans from directors
4,039,989 
- 
Accruals
61,006 
100,000 
4,359,059 
100,000 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
201,646 
- 
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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