Registered number
13970616
GKSS HOLDING LIMITED
Filleted Accounts
31 December 2023
GKSS HOLDING LIMITED
Registered number: 13970616
Balance Sheet
as at 31 December 2023
Notes 31/12/23 31/3/23
£ £
Current assets
Debtors 3 3,063,517 2,880,000
Cash at bank and in hand 184,500 2,058
3,248,017 2,882,058
Creditors: amounts falling due within one year 4 (1,872,107) (2,327,811)
Net current assets 1,375,910 554,247
Total assets less current liabilities 1,375,910 554,247
Creditors: amounts falling due after more than one year 5 (292,012) (571,410)
Net assets/(liabilities) 1,083,898 (17,163)
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 1,082,898 (18,163)
Shareholder's funds 1,083,898 (17,163)
The director is 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 director acknowledges his 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.
Kyung Tae Kweon
Director
Approved by the board on 30 September 2024
GKSS HOLDING LIMITED
Notes to the Accounts
for the period from 1 April 2023 to 31 December 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).
Investments
These are the dividends received by the UK holding company from other UK companies and therefore they are eligible to be the dividend exemption.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 31/12/23 31/3/23
Number Number
Average number of persons employed by the company 1 1
3 Debtors 31/12/23 31/3/23
£ £
Intercompany loan 3,063,517 2,880,000
4 Creditors: amounts falling due within one year 31/12/23 31/3/23
£ £
Intercompany loan 1,527,388 2,000,000
Other creditors 344,719 327,811
1,872,107 2,327,811
5 Creditors: amounts falling due after one year 31/12/23 31/3/23
£ £
Other creditors 292,012 571,410
6 Other information
GKSS HOLDING LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Unit 5
Leigh Close
New Malden
Surrey
KT3 3NW
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