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REGISTERED NUMBER: 06431855 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

FOR

G&S BANSAL LTD

G&S BANSAL LTD (REGISTERED NUMBER: 06431855)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


G&S BANSAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 MARCH 2025







DIRECTOR: G S Bansal





SECRETARY: G S Bansal





REGISTERED OFFICE: 869 High Road
London
N12 8QA





REGISTERED NUMBER: 06431855 (England and Wales)





ACCOUNTANTS: AC Partners LLP
Chartered Accountants
869 High Road
London
N12 8QA

G&S BANSAL LTD (REGISTERED NUMBER: 06431855)

BALANCE SHEET
30 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,257 4,343
3,257 4,343

CURRENT ASSETS
Debtors 6 441,700 441,268
Cash at bank 256,401 402,701
698,101 843,969
CREDITORS
Amounts falling due within one year 7 13,702 26,326
NET CURRENT ASSETS 684,399 817,643
TOTAL ASSETS LESS CURRENT LIABILITIES 687,656 821,986

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 687,556 821,886
SHAREHOLDERS' FUNDS 687,656 821,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 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 10 July 2025 and were signed by:





G S Bansal - Director


G&S BANSAL LTD (REGISTERED NUMBER: 06431855)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2025

1. STATUTORY INFORMATION

G&S Bansal Ltd 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 represents net invoiced sales of services and goods, excluding value added tax.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten 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.
Short leasehold - Over the life of the lease
Consulting equipment - 25% on reducing balance.
Fixtures and fittings - 25% on reducing balance.
Computer equipment - 25% 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
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

G&S BANSAL LTD (REGISTERED NUMBER: 06431855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 31 March 2024
and 30 March 2025 750,000
AMORTISATION
At 31 March 2024
and 30 March 2025 750,000
NET BOOK VALUE
At 30 March 2025 -
At 30 March 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Short Consulting and Computer
leasehold equipment fittings equipment Totals
£    £    £    £    £   
COST
At 31 March 2024
and 30 March 2025 10,746 57,996 31,795 13,497 114,034
DEPRECIATION
At 31 March 2024 10,746 55,220 30,228 13,497 109,691
Charge for year - 694 392 - 1,086
At 30 March 2025 10,746 55,914 30,620 13,497 110,777
NET BOOK VALUE
At 30 March 2025 - 2,082 1,175 - 3,257
At 30 March 2024 - 2,776 1,567 - 4,343

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 441,700 441,268

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 9,952 9,952
Trade creditors 283 (413 )
Taxation and social security - 892
Other creditors 3,467 15,895
13,702 26,326

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 March 2025 and 30 March 2024:

2025 2024
£    £   
G S Bansal
Balance outstanding at start of year 336,812 337,153
Amounts advanced 131,818 116,565
Amounts repaid (131,406 ) (116,906 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 337,224 336,812

G&S BANSAL LTD (REGISTERED NUMBER: 06431855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2025

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the director, Mr G S Bansal by virtue of his shareholding.