2023-03-012024-02-292024-02-29false09983046THE GAMSA LIMITED2024-11-07iso4217:GBPxbrli:pure099830462023-03-01099830462024-02-29099830462023-03-012024-02-29099830462022-03-01099830462023-02-28099830462022-03-012023-02-2809983046bus:SmallEntities2023-03-012024-02-2909983046bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2909983046bus:AbridgedAccounts2023-03-012024-02-2909983046bus:PrivateLimitedCompanyLtd2023-03-012024-02-2909983046core:WithinOneYear2024-02-2909983046core:AfterOneYear2024-02-2909983046core:WithinOneYear2023-02-2809983046core:AfterOneYear2023-02-2809983046core:ShareCapital2024-02-2909983046core:SharePremium2024-02-2909983046core:RevaluationReserve2024-02-2909983046core:OtherReservesSubtotal2024-02-2909983046core:RetainedEarningsAccumulatedLosses2024-02-2909983046core:ShareCapital2023-02-2809983046core:SharePremium2023-02-2809983046core:RevaluationReserve2023-02-2809983046core:OtherReservesSubtotal2023-02-2809983046core:RetainedEarningsAccumulatedLosses2023-02-2809983046core:LandBuildings2024-02-2909983046core:PlantMachinery2024-02-2909983046core:Vehicles2024-02-2909983046core:FurnitureFittings2024-02-2909983046core:OfficeEquipment2024-02-2909983046core:NetGoodwill2024-02-2909983046core:IntangibleAssetsOtherThanGoodwill2024-02-2909983046core:ListedExchangeTraded2024-02-2909983046core:UnlistedNon-exchangeTraded2024-02-2909983046core:LandBuildings2023-02-2809983046core:PlantMachinery2023-02-2809983046core:Vehicles2023-02-2809983046core:FurnitureFittings2023-02-2809983046core:OfficeEquipment2023-02-2809983046core:NetGoodwill2023-02-2809983046core:IntangibleAssetsOtherThanGoodwill2023-02-2809983046core:ListedExchangeTraded2023-02-2809983046core:UnlistedNon-exchangeTraded2023-02-2809983046core:LandBuildings2023-03-012024-02-2909983046core:PlantMachinery2023-03-012024-02-2909983046core:Vehicles2023-03-012024-02-2909983046core:FurnitureFittings2023-03-012024-02-2909983046core:OfficeEquipment2023-03-012024-02-2909983046core:NetGoodwill2023-03-012024-02-2909983046core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2909983046core:ListedExchangeTraded2023-03-012024-02-2909983046core:UnlistedNon-exchangeTraded2023-03-012024-02-2909983046core:MoreThanFiveYears2023-03-012024-02-2909983046core:Non-currentFinancialInstruments2024-02-2909983046core:Non-currentFinancialInstruments2023-02-2809983046dpl:CostSales2023-03-012024-02-2909983046dpl:DistributionCosts2023-03-012024-02-2909983046core:LandBuildings2023-03-012024-02-2909983046core:PlantMachinery2023-03-012024-02-2909983046core:Vehicles2023-03-012024-02-2909983046core:FurnitureFittings2023-03-012024-02-2909983046core:OfficeEquipment2023-03-012024-02-2909983046dpl:AdministrativeExpenses2023-03-012024-02-2909983046core:NetGoodwill2023-03-012024-02-2909983046core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2909983046dpl:GroupUndertakings2023-03-012024-02-2909983046dpl:ParticipatingInterests2023-03-012024-02-2909983046dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2909983046core:ListedExchangeTraded2023-03-012024-02-2909983046dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2909983046core:UnlistedNon-exchangeTraded2023-03-012024-02-2909983046dpl:CostSales2022-03-012023-02-2809983046dpl:DistributionCosts2022-03-012023-02-2809983046core:LandBuildings2022-03-012023-02-2809983046core:PlantMachinery2022-03-012023-02-2809983046core:Vehicles2022-03-012023-02-2809983046core:FurnitureFittings2022-03-012023-02-2809983046core:OfficeEquipment2022-03-012023-02-2809983046dpl:AdministrativeExpenses2022-03-012023-02-2809983046core:NetGoodwill2022-03-012023-02-2809983046core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2809983046dpl:GroupUndertakings2022-03-012023-02-2809983046dpl:ParticipatingInterests2022-03-012023-02-2809983046dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2809983046core:ListedExchangeTraded2022-03-012023-02-2809983046dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2809983046core:UnlistedNon-exchangeTraded2022-03-012023-02-2809983046core:NetGoodwill2024-02-2909983046core:IntangibleAssetsOtherThanGoodwill2024-02-2909983046core:LandBuildings2024-02-2909983046core:PlantMachinery2024-02-2909983046core:Vehicles2024-02-2909983046core:FurnitureFittings2024-02-2909983046core:OfficeEquipment2024-02-2909983046core:AfterOneYear2024-02-2909983046core:WithinOneYear2024-02-2909983046core:ListedExchangeTraded2024-02-2909983046core:UnlistedNon-exchangeTraded2024-02-2909983046core:ShareCapital2024-02-2909983046core:SharePremium2024-02-2909983046core:RevaluationReserve2024-02-2909983046core:OtherReservesSubtotal2024-02-2909983046core:RetainedEarningsAccumulatedLosses2024-02-2909983046core:NetGoodwill2023-02-2809983046core:IntangibleAssetsOtherThanGoodwill2023-02-2809983046core:LandBuildings2023-02-2809983046core:PlantMachinery2023-02-2809983046core:Vehicles2023-02-2809983046core:FurnitureFittings2023-02-2809983046core:OfficeEquipment2023-02-2809983046core:AfterOneYear2023-02-2809983046core:WithinOneYear2023-02-2809983046core:Listed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THE GAMSA LIMITED

Registered Number
09983046
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

THE GAMSA LIMITED
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

KIM, Sandra Liming

Registered Address

6 Mulgrave Road
Sutton
SM2 6LE

Registered Number

09983046 (England and Wales)
THE GAMSA LIMITED
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets328,52432,744
28,52432,744
Current assets
Debtors3,391715
Cash at bank and on hand41,02147,802
44,41248,517
Creditors amounts falling due within one year(12,909)(9,498)
Net current assets (liabilities)31,50339,019
Total assets less current liabilities60,02771,763
Creditors amounts falling due after one year(33,692)(45,352)
Net assets26,33526,411
Capital and reserves
Called up share capital1,0001,000
Profit and loss account25,33525,411
Shareholders' funds26,33526,411
The financial statements were approved and authorised for issue by the Director on 7 November 2024, and are signed on its behalf by:
KIM, Sandra Liming
Director
Registered Company No. 09983046
THE GAMSA LIMITED
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Going concern
These financial statements have been prepared in accordance with the provisions of section 1A ''Small Entities'' of FRS 102 '' The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The company's financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future on the grounds that the Director will continue to financially support the company until such time has the business achieves financial viability. The company financial statements do not reflect any adjustments that would be required if they were to be prepared on a basis other than the going concern basis.
Revenue from sale of goods
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Land and buildings20
Fixtures and fittings25
Office Equipment33
2.Average number of employees

20242023
Average number of employees during the year910
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 March 2366,187
At 29 February 2466,187
Depreciation and impairment
At 01 March 2333,443
Charge for year4,220
At 29 February 2437,663
Net book value
At 29 February 2428,524
At 28 February 2332,744
4.Related party transactions
The company was under the control of Ms. Sandra Liming Kim throughout the current and previous financial periods. Ms. Kim is the managing director and majority shareholder. As at 29 February 2024, there was an amount of £33,692 owing to the director Ms. Sandra Liming Kim (£38,692 @ 28 February 2023), this amount is interest free, unsecured and has no fixed repayment terms. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.