Registered number
13676419
GS INFRASTRUCTURE INVESTMENTS LIMITED
Filleted Accounts
31 October 2023
GS INFRASTRUCTURE INVESTMENTS LIMITED
Registered number: 13676419
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 559,761 559,761
Creditors: amounts falling due within one year 3 (162,086) (157,973)
Net current liabilities (162,086) (157,973)
Total assets less current liabilities 397,675 401,788
Creditors: amounts falling due after more than one year 4 (391,808) (400,532)
Net assets 5,867 1,256
Capital and reserves
Called up share capital 2 2
Profit and loss account 5,865 1,254
Shareholder's funds 5,867 1,256
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 member has 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.
Dr Sheetal Kaur
Director
Approved by the board on 18 October 2024
GS INFRASTRUCTURE INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 October 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings Not provided
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 31,864 20,129
Taxation and social security costs 1,376 294
Other creditors 128,846 137,550
162,086 157,973
4 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 391,808 400,532
5 Loans 2023 2022
£ £
Creditors include:
Instalments falling due for payment after more than five years 320,532 320,532
Secured bank loans 420,532 420,532
A bank loan from Unity Trust Bank PLC is secured by a fixed and floating charge held over all assets of the company.
6 Other information
GS INFRASTRUCTURE INVESTMENTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
394 Pinner Road
North Harrow
United Kingdom
HA2 6EF
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