GSP White Limited |
Notes to the Accounts |
for the year ended 30 November 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
0 |
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0 |
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3 |
Debtors |
2023 |
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2022 |
£ |
£ |
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Other debtors |
7,922 |
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7,922 |
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4 |
Related party transactions |
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GSPW Limited is a company with common shareholders and directors. The amount due from GSPW Limited at the end of the financial year was £5,521 (2022 - £5,521). |
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5 |
Controlling party |
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There is no individual controlling party. The company is controlled by its directors, who are also shareholders. |
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6 |
Other information |
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GSP White Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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137 Heol y Deri |
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Cardiff |
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CF14 6UH |