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REGISTERED NUMBER: 07371020 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

GSCI Consultants Limited

GSCI Consultants Limited (Registered number: 07371020)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


GSCI Consultants Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: G E Sharp
S C Sharp
Y M Sharp





SECRETARY: G E Sharp





REGISTERED OFFICE: Units 1 & 2 The Barns
London Road
Bourne End
Hertfordshire
HP1 2RH





REGISTERED NUMBER: 07371020 (England and Wales)





ACCOUNTANTS: Stewarts Accountants Limited
271 High Street
Berkhamsted
Hertfordshire
HP4 1AA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
GSCI Consultants Limited

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of GSCI Consultants Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of GSCI Consultants Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of GSCI Consultants Limited and state those matters that we have agreed to state to the Board of Directors of GSCI Consultants Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GSCI Consultants Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that GSCI Consultants Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of GSCI Consultants Limited. You consider that GSCI Consultants Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of GSCI Consultants Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stewarts Accountants Limited
271 High Street
Berkhamsted
Hertfordshire
HP4 1AA


24 June 2025

GSCI Consultants Limited (Registered number: 07371020)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 39,042 43,946

CURRENT ASSETS
Debtors 5 569,492 428,735
Cash at bank 291,750 260,541
861,242 689,276
CREDITORS
Amounts falling due within one year 6 (617,539 ) (526,644 )
NET CURRENT ASSETS 243,703 162,632
TOTAL ASSETS LESS CURRENT
LIABILITIES

282,745

206,578

CREDITORS
Amounts falling due after more than one
year

7

(23,264

)

(105,481

)

PROVISIONS FOR LIABILITIES (9,761 ) (10,987 )
NET ASSETS 249,720 90,110

CAPITAL AND RESERVES
Called up share capital 920 920
Share premium 1,153 1,153
Retained earnings 247,647 88,037
SHAREHOLDERS' FUNDS 249,720 90,110

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

GSCI Consultants Limited (Registered number: 07371020)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:





G E Sharp - Director


GSCI Consultants Limited (Registered number: 07371020)

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

1. STATUTORY INFORMATION

GSCI Consultants 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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 33% on cost
Computer equipment - 50% 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.

Pension costs and other post-retirement benefits
From 1 April 2015, under the Pensions Act 2008, the company must put certain staff into a pension scheme and contribute towards it. This is called automatic enrolment. To comply with automatic enrolment laws, the company signed a participation agreement with a pension provider by which staff become members of an independently administered pension plan. The company and staff make contributions as specified in the plan.

Staff contract directly with the pension company, and assets of those schemes are held separately from those of the company. The company acts as agent in collecting and paying over staff pension contributions. Once the contributions have been paid, the company as employer has no further obligations.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 20 ) .

GSCI Consultants Limited (Registered number: 07371020)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 26,895 15,159 19,995 60,626 122,675
Additions 1,589 3,480 - 12,211 17,280
At 30 September 2024 28,484 18,639 19,995 72,837 139,955
DEPRECIATION
At 1 October 2023 20,914 7,222 1,665 48,928 78,729
Charge for year 2,186 1,147 6,658 12,193 22,184
At 30 September 2024 23,100 8,369 8,323 61,121 100,913
NET BOOK VALUE
At 30 September 2024 5,384 10,270 11,672 11,716 39,042
At 30 September 2023 5,981 7,937 18,330 11,698 43,946

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 476,770 344,371
Other debtors 92,722 84,364
569,492 428,735

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 62,695 62,695
Trade creditors 51,017 120,373
Taxation and social security 484,604 303,064
Other creditors 19,223 40,512
617,539 526,644

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 23,264 105,481

GSCI Consultants Limited (Registered number: 07371020)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
S C Sharp
Balance outstanding at start of year 12,795 17,208
Amounts advanced 118,609 94,379
Amounts repaid (121,483 ) (98,792 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,921 12,795

Y M Sharp
Balance outstanding at start of year (18,491 ) 3,852
Amounts advanced 48,105 42,949
Amounts repaid (29,614 ) (65,292 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (18,491 )

G E Sharp
Balance outstanding at start of year 45,263 44,288
Amounts advanced 162,689 123,915
Amounts repaid (167,239 ) (122,940 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 40,713 45,263