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REGISTERED NUMBER: 10850303 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

GS CORNWALL HOLDINGS LIMITED
TRADING AS
HOME HUNTERS

GS CORNWALL HOLDINGS LIMITED (REGISTERED NUMBER: 10850303)
TRADING AS HOME HUNTERS






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GS CORNWALL HOLDINGS LIMITED
TRADING AS HOME HUNTERS

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: G R Dome





REGISTERED OFFICE: Wheal Harmony House
Solomon Road
Redruth
Cornwall
TR15 1FD





REGISTERED NUMBER: 10850303 (England and Wales)





ACCOUNTANT: Catherine Bennett Ltd
Chartered Accountant
Wheal Harmony House
Solomon Road
Redruth
Cornwall
TR15 1FD

GS CORNWALL HOLDINGS LIMITED (REGISTERED NUMBER: 10850303)
TRADING AS HOME HUNTERS

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 399 599
399 599

CURRENT ASSETS
Debtors 6 3,081 96
Cash at bank 8 3,498
3,089 3,594
CREDITORS
Amounts falling due within one year 7 8,250 4,284
NET CURRENT LIABILITIES (5,161 ) (690 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,762

)

(91

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (4,862 ) (191 )
SHAREHOLDERS' FUNDS (4,762 ) (91 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

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 13 October 2025 and were signed by:




G R Dome - Director


GS CORNWALL HOLDINGS LIMITED (REGISTERED NUMBER: 10850303)
TRADING AS HOME HUNTERS

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

GS Cornwall Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

At 31 March 2023 there were negative reserves, however the director has confirmed that the company is a going concern and has confirmed his ongoing support of the company.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office and computer equipment - 20% on cost
Fixtures and fittings - 20% on cost

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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.

GS CORNWALL HOLDINGS LIMITED (REGISTERED NUMBER: 10850303)
TRADING AS HOME HUNTERS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Going concern
The company has net liabilities and is reliant upon the continued support of its director.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 20,000
AMORTISATION
At 1 April 2023
and 31 March 2024 20,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Office
and Fixtures
computer and
equipment fittings Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 1,350 103 1,453
DEPRECIATION
At 1 April 2023 751 103 854
Charge for year 200 - 200
At 31 March 2024 951 103 1,054
NET BOOK VALUE
At 31 March 2024 399 - 399
At 31 March 2023 599 - 599

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Directors' current accounts 2,973 -
Prepayments 108 96
3,081 96

GS CORNWALL HOLDINGS LIMITED (REGISTERED NUMBER: 10850303)
TRADING AS HOME HUNTERS

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Bank loans and overdrafts (see note 8) 6,690 -
Trade creditors 108 -
Directors' current accounts - 2,832
Accrued expenses 1,452 1,452
8,250 4,284

8. LOANS

An analysis of the maturity of loans is given below:

31/3/24 31/3/23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 6,690 -

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31/3/24 31/3/23
£    £   
G R Dome
Balance outstanding at start of year (2,178 ) (2,058 )
Amounts advanced 6,280 192
Amounts repaid (1,129 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,973 (2,178 )