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REGISTERED NUMBER: 10065414 (England and Wales)














Financial Statements for the Year Ended 30 March 2024

for

Gsv Capital Assets Limited

Gsv Capital Assets Limited (Registered number: 10065414)






Contents of the Financial Statements
for the Year Ended 30 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Gsv Capital Assets Limited

Company Information
for the Year Ended 30 March 2024







DIRECTOR: Mr G S Virdee





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 10065414 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Gsv Capital Assets Limited (Registered number: 10065414)

Statement of Financial Position
30 March 2024

30.3.24 30.3.23
Notes £    £   
CURRENT ASSETS
Cash at bank 27 21

CREDITORS
Amounts falling due within one year 4 32,976 25,772
NET CURRENT LIABILITIES (32,949 ) (25,751 )
TOTAL ASSETS LESS CURRENT LIABILITIES (32,949 ) (25,751 )

CREDITORS
Amounts falling due after more than one year 5 30,882 36,765
NET LIABILITIES (63,831 ) (62,516 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (63,832 ) (62,517 )
SHAREHOLDERS' FUNDS (63,831 ) (62,516 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 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.

Gsv Capital Assets Limited (Registered number: 10065414)

Statement of Financial Position - continued
30 March 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 29 November 2024 and were signed by:





Mr G S Virdee - Director


Gsv Capital Assets Limited (Registered number: 10065414)

Notes to the Financial Statements
for the Year Ended 30 March 2024

1. STATUTORY INFORMATION

Gsv Capital Assets 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.

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 statement of financial position date.

Going concern
The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3. EMPLOYEES AND DIRECTORS

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

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 30.3.23
£    £   
Bank loans and overdrafts 5,882 5,882
Other creditors 27,094 19,890
32,976 25,772

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.3.24 30.3.23
£    £   
Bank loans 30,882 36,765

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,470 7,353

Gsv Capital Assets Limited (Registered number: 10065414)

Notes to the Financial Statements - continued
for the Year Ended 30 March 2024

6. RELATED PARTY DISCLOSURES

The Director, Mr G S Virdee, is considered to be key management personnel.