Registered number
14327462
GFS EDUCATION UK LIMITED
Filleted Accounts
For the period ended 31.08.2022 to 31.08.2023
GFS EDUCATION UK LIMITED
Registered number: 14327462
Balance Sheet
as at 31 August 2023
Notes 2023
£
Current assets
Debtors 3 2
Creditors: amounts falling due within one year 4 (31,178)
Net current liabilities (31,176)
Net liabilities (31,176)
Capital and reserves
Called up share capital 3
Profit and loss account (31,179)
Shareholders' funds (31,176)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
0
Director
Approved by the board on 2 September 2024
GFS EDUCATION UK LIMITED
Notes to the Accounts
for the period from 31 August 2022 to 31 August 2023
1 Accounting policies
Basis of preparation
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Going concern
The accounts are prepared on a going concern basis notwithstanding the fact that the company balance sheet has a negative equity. The company director, who is owed by the company will not recall loan owed to him until the company turns into profitability and financially able to repay. Also, the company is in agreement with the creditors and director will continue to provide financial support to the company.
2 Employees 2023
Number
Average number of persons employed by the company 0
3 Debtors 2023
£
Other debtors 2
4 Creditors: amounts falling due within one year 2023
£
Other creditors 31,178
5 Other information
GFS EDUCATION UK LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
50 Syon Lane
Islvworth
England
TW7 5NQ
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