GET SET INVEST LIMITED

Company Registration Number:
10258060 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

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Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

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Company Information

for the Period Ended 31 March 2024




Director: Sushant Gupta
Registered office: Custom House
Clayton Street
Avonmouth
Bristol
England
BS11 9DX
Company Registration Number: 10258060 (England and Wales)

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Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Sushant Gupta

This report was approved by the board of directors on 30 April 2024
And Signed On Behalf Of The Board By:

Name: Sushant Gupta
Status: Director

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Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 524,142 489,592
Cost of sales ( 332,345 ) ( 247,323 )
Gross Profit or (Loss) 191,797 242,269
Administrative Expenses ( 88,118 ) ( 47,934 )
Operating Profit or (Loss) 103,679 194,335
Interest Payable and Similar Charges ( 25,955 ) ( 27,741 )
Profit or (Loss) Before Tax 77,724 166,594
Tax on Profit ( 16,846 ) ( 31,653 )
Profit or (Loss) for Period 60,878 134,941

The notes form part of these financial statements

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Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 3,849,033 3,218,727
Total fixed assets: 3,849,033 3,218,727
Current assets
Debtors: 6 5,705 7,205
Cash at bank and in hand: 3,032 37,516
Total current assets: 8,737 44,721
Creditors: amounts falling due within one year: 7 ( 294,532 ) ( 116,789 )
Net current assets (liabilities): ( 285,795 ) ( 72,068 )
Total assets less current liabilities: 3,563,238 3,146,659
Creditors: amounts falling due after more than one year: 8 ( 1,287,107 ) ( 944,824 )
Total net assets (liabilities): 2,276,131 2,201,835

The notes form part of these financial statements

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Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 9 1,978,870 1,978,870
Profit and loss account: 297,161 222,865
Shareholders funds: 2,276,131 2,201,835

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 April 2024
And Signed On Behalf Of The Board By:

Name: Sushant Gupta
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

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Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

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Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

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Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Dividends


2024
£

2023
£
Dividends paid 1,000 2,000

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Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible assets

Land & buildings Total
Cost £ £
At 01 April 2023 3,310,433 3,310,433
Additions 669,162 669,162
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 3,979,595 3,979,595
Depreciation
At 01 April 2023 91,706 91,706
Charge for year 38,856 38,856
On disposals - -
Other adjustments - -
At 31 March 2024 130,562 130,562
Net book value
At 31 March 2024 3,849,033 3,849,033
At 31 March 2023 3,218,727 3,218,727

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Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Debtors


2024
£

2023
£
Trade debtors 5,705 7,205
Total 5,705 7,205

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Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 188,678 19,743
Taxation and social security 105,854 97,046
Total 294,532 116,789

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Notes to the Financial Statements

for the Period Ended 31 March 2024

8.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 382,643 527,363
Other creditors 904,464 417,461
Total 1,287,107 944,824

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Notes to the Financial Statements

for the Period Ended 31 March 2024

9. Revaluation reserve


2024
£
Balance at 01 April 2023 1,978,870
Surplus or deficit after revaluation 0
Balance at 31 March 2024 1,978,870

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Notes to the Financial Statements

for the Period Ended 31 March 2024

10.1.Related party disclosures

Name of related party: Sushant Gupta
Description of relationship:
Director
Description of the transaction:
Loan to company
Balance at 01 April 2023 417,462
Balance at 31 March 2024 904,463