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COMPANY REGISTRATION NUMBER: 15009190
GSPHERE LTD
Unaudited Financial Statements
31 July 2024
GSPHERE LTD
Financial Statements
Year ended 31 July 2024
Contents
Page
Director's report
1
Statement of comprehensive income
2
Statement of financial position
3
Statement of changes in equity
4
Notes to the financial statements
5
GSPHERE LTD
Director's Report
Year ended 31 July 2024
The director presents his report and the unaudited financial statements of the company for the year ended 31 July 2024 .
Principal activities
The principal activity of the company during the year was the supply of computer facilities management services
Director
The director who served the company during the year was as follows:
Mr Rousselle
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 20 September 2024 and signed on behalf of the board by:
Mr Rousselle
Director
Registered office:
128 City Road
London
England
EC1V 2NX
GSPHERE LTD
Statement of Comprehensive Income
Year ended 31 July 2024
2024
Note
£
Turnover
91,200
--------
Gross profit
91,200
Distribution costs
8,700
Administrative expenses
4,176
--------
Operating profit
78,324
--------
Profit before taxation
78,324
Tax on profit
17,006
--------
Profit for the financial year
61,318
--------
Remeasurement of the net defined benefit plan
( 61,000)
--------
Total comprehensive income for the year
318
--------
All the activities of the company are from continuing operations.
GSPHERE LTD
Statement of Financial Position
31 July 2024
2024
Note
£
Current assets
Cash at bank and in hand
48,846
Creditors: amounts falling due within one year
5
48,527
--------
Net current assets
319
----
Total assets less current liabilities
319
----
Net assets
319
----
Capital and reserves
Called up share capital
1
Profit and loss account
318
----
Shareholders funds
319
----
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 20 September 2024 , and are signed on behalf of the board by:
Mr Rousselle
Director
Company registration number: 15009190
GSPHERE LTD
Statement of Changes in Equity
Year ended 31 July 2024
Called up share capital
Profit and loss account
Total
£
£
£
At 1 August 2023
Profit for the year
61,318
61,318
Other comprehensive income for the year:
Remeasurement of the net defined benefit plan
( 61,000)
( 61,000)
----
--------
--------
Total comprehensive income for the year
318
318
Issue of shares
1
1
----
----
----
Total investments by and distributions to owners
1
1
----
----
----
At 31 July 2024
1
318
319
----
----
----
GSPHERE LTD
Notes to the Financial Statements
Year ended 31 July 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 128 City Road, London, EC1V 2NX, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 .
5. Creditors: amounts falling due within one year
2024
£
Corporation tax
17,006
Other creditors
31,521
--------
48,527
--------