Registered number
SC765125
Dr GSP Ltd
Filleted Accounts
30 April 2025
Dr GSP Ltd
Registered number: SC765125
Balance Sheet
as at 30 April 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 3,049 -
Investments 4 12,044 4,400
15,093 4,400
Current assets
Cash at bank and in hand 41,365 18,619
Creditors: amounts falling due within one year 5 (18,465) (10,487)
Net current assets 22,900 8,132
Net assets 37,993 12,532
Capital and reserves
Called up share capital 1 1
Profit and loss account 37,992 12,531
Shareholder's funds 37,993 12,532
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.
Gurjit Singh Pattar
Director
Approved by the board on 22 July 2025
Dr GSP Ltd
Notes to the Accounts
for the year ended 30 April 2025
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Fixtures, fittings & equipment
£
Cost
Additions 3,326
At 30 April 2025 3,326
Depreciation
Charge for the year 277
At 30 April 2025 277
Net book value
At 30 April 2025 3,049
4 Investments
Other
investments
£
Cost
At 1 May 2024 4,400
Additions 7,644
At 30 April 2025 12,044
Investments comprise the purchase and sale during the year of equity and bonds through an online investment platform.
5 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 18,465 10,487
6 Controlling party
The director, Gurjit Singh Pattar, holds a 100% beneficial interest in the share capital of the company.
7 Other information
Dr GSP Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
1 Spiersbridge Way
Thornliebank
Glasgow
G46 8NG
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