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REGISTERED NUMBER: 06580131 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

GS DEVELOPMENTS (SOUTHERN) LTD

GS DEVELOPMENTS (SOUTHERN) LTD (REGISTERED NUMBER: 06580131)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GS DEVELOPMENTS (SOUTHERN) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mrs J Nightingale





REGISTERED OFFICE: 4 Spur Road
Cosham
Portsmouth
Hampshire
PO6 3EB





REGISTERED NUMBER: 06580131 (England and Wales)





ACCOUNTANTS: AMR Bookkeeping & Accounts Limited
4 Spur Road
Cosham
PORTSMOUTH
Hampshire
PO6 3EB

GS DEVELOPMENTS (SOUTHERN) LTD (REGISTERED NUMBER: 06580131)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,439 24,148

CURRENT ASSETS
Debtors 5 3,367 4,194
Cash at bank 3,415 4,772
6,782 8,966
CREDITORS
Amounts falling due within one year 6 327,886 304,360
NET CURRENT LIABILITIES (321,104 ) (295,394 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(293,665

)

(271,246

)

CREDITORS
Amounts falling due after more than one year 7 50,000 50,000
NET LIABILITIES (343,665 ) (321,246 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (343,667 ) (321,248 )
SHAREHOLDERS' FUNDS (343,665 ) (321,246 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GS DEVELOPMENTS (SOUTHERN) LTD (REGISTERED NUMBER: 06580131)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2024 and were signed by:





Mrs J Nightingale - Director


GS DEVELOPMENTS (SOUTHERN) LTD (REGISTERED NUMBER: 06580131)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

GS Developments (Southern) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles Equipment Totals
£    £    £    £   
COST
At 1 May 2023 14,408 112,605 - 127,013
Additions 664 8,028 1,460 10,152
At 30 April 2024 15,072 120,633 1,460 137,165
DEPRECIATION
At 1 May 2023 13,253 89,612 - 102,865
Charge for year 364 6,205 292 6,861
At 30 April 2024 13,617 95,817 292 109,726
NET BOOK VALUE
At 30 April 2024 1,455 24,816 1,168 27,439
At 30 April 2023 1,155 22,993 - 24,148

GS DEVELOPMENTS (SOUTHERN) LTD (REGISTERED NUMBER: 06580131)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
VAT 3,367 4,194

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors (1 ) -
Other creditors 1,044 1,140
Directors' current accounts 320,843 297,220
Directors' loan accounts 6,000 6,000
327,886 304,360

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bounce back loan 50,000 50,000