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Company Registration No. 06125867 (England and Wales)
GS DESIGN SOLUTIONS LIMITED Unaudited accounts for the year ended 31 March 2024
GS DESIGN SOLUTIONS LIMITED Unaudited accounts Contents
Page
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GS DESIGN SOLUTIONS LIMITED Company Information for the year ended 31 March 2024
Director
MR LENIN BABU YANDAM
Company Number
06125867 (England and Wales)
Registered Office
1 KILTY PLACE HIGH WYCOMBE ENGLAND HAP11 1DG UK
Accountants
SAMI & CO ACCOUNTANTS 48 BILTON ROAD PERIVALE MIDDLESEX UB6 7DH
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GS DESIGN SOLUTIONS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
122 
152 
Current assets
Cash at bank and in hand
31,085 
56,272 
Creditors: amounts falling due within one year
(1,653)
(10,820)
Net current assets
29,432 
45,452 
Net assets
29,554 
45,604 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
29,454 
45,504 
Shareholders' funds
29,554 
45,604 
For the year ending 31 March 2024 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 19 September 2024 and were signed on its behalf by
MR LENIN BABU YANDAM Director Company Registration No. 06125867
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GS DESIGN SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
GS DESIGN SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06125867. The registered office is 1 KILTY PLACE, HIGH WYCOMBE, ENGLAND, HAP11 1DG, UK.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Reducing balance 20%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
683 
At 31 March 2024
683 
Depreciation
At 1 April 2023
531 
Charge for the year
30 
At 31 March 2024
561 
Net book value
At 31 March 2024
122 
At 31 March 2023
152 
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GS DESIGN SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
5,246 
Trade creditors
60 
- 
Taxes and social security
1,593 
5,574 
1,653 
10,820 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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