GOSING LTD

Company Registration Number:
14637059 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 03 February 2023

End date: 31 March 2024

GOSING LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

GOSING LTD

Balance sheet

As at 31 March 2024


Notes

14 months to 31 March 2024


£
Fixed assets
Tangible assets: 3 69,768
Total fixed assets: 69,768
Current assets
Stocks: 10,000
Debtors:   165,852
Cash at bank and in hand: 259,499
Total current assets: 435,351
Creditors: amounts falling due within one year: 4 (460,669)
Net current assets (liabilities): (25,318)
Total assets less current liabilities: 44,450
Total net assets (liabilities): 44,450
Capital and reserves
Called up share capital: 100
Profit and loss account: 44,350
Shareholders funds: 44,450

The notes form part of these financial statements

GOSING LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 June 2024
and signed on behalf of the board by:

Name: Ms Shuang Guan
Status: Director

The notes form part of these financial statements

GOSING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration, received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from sale of goods is recognised when the significant risks and rewards of ownership have transferred to buyer, usually on despatch of goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is provided at the rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:Plant and machinery --- 25% reducing balance

GOSING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

14 months to 31 March 2024
Average number of employees during the period 16

GOSING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
Additions 93,023
At 31 March 2024 93,023
Depreciation
Charge for year 23,255
At 31 March 2024 23,255
Net book value
At 31 March 2024 69,768

GOSING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

Amount owed to group undertakings 350222Social security and other taxes 103828Other creditors 6619