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REGISTERED NUMBER: 07232841 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

G S B Resourcing Limited

G S B Resourcing Limited (Registered number: 07232841)

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

Report of the Accountants 7

G S B Resourcing Limited

Company Information
for the year ended 30 April 2024







DIRECTOR: G S Barnard





REGISTERED OFFICE: 153 High Street
Waltham Cross
EN8 7AP





REGISTERED NUMBER: 07232841 (England and Wales)





ACCOUNTANTS: MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG

G S B Resourcing Limited (Registered number: 07232841)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,733 19,766

CURRENT ASSETS
Debtors 5 - 48,340
Cash at bank 105,106 30,572
105,106 78,912
CREDITORS
Amounts falling due within one year 6 94,389 51,609
NET CURRENT ASSETS 10,717 27,303
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,450

47,069

CREDITORS
Amounts falling due after more than one
year

7

15,173

22,173
NET ASSETS 15,277 24,896

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 15,276 24,895
15,277 24,896

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 his 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.

G S B Resourcing Limited (Registered number: 07232841)

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 10 July 2024 and were signed by:





G S Barnard - Director


G S B Resourcing Limited (Registered number: 07232841)

Notes to the Financial Statements
for the year ended 30 April 2024


1. STATUTORY INFORMATION

G S B Resourcing Limited 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 204 (2023 - 1 ) .

G S B Resourcing Limited (Registered number: 07232841)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 34,539
Additions 6,544
At 30 April 2024 41,083
DEPRECIATION
At 1 May 2023 14,773
Charge for year 6,577
At 30 April 2024 21,350
NET BOOK VALUE
At 30 April 2024 19,733
At 30 April 2023 19,766

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 47,959
Prepayments - 381
- 48,340

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,699 4,425
Tax 3,469 14,552
Social security and other taxes 3 -
VAT 81,869 30,944
Other creditors 3,781 -
Directors' current accounts 238 428
Accrued expenses 1,330 1,260
94,389 51,609

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yr by instal 15,173 22,173

G S B Resourcing Limited (Registered number: 07232841)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 15,173 22,173

G S B Resourcing Limited

Report of the Accountants to the Director of
G S B Resourcing Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG


10 July 2024