G S Consultancy (Management Training)Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07494021 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 30 June 2025

for

G S Consultancy (Management Training)Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs G A Clutterbuck

REGISTERED OFFICE:

87 Chosen Way

Hucclecote

Gloucester

GL3 3BX

REGISTERED NUMBER:

07494021 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Lloyds Bank

12 Rowcroft

Stroud

GL5 3BD

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

-

9,415

-

9,415

CURRENT ASSETS

Debtors

6

1,777

22,238

Cash at bank

29,495

64,345

31,272

86,583

CREDITORS

Amounts falling due within one year

7

27,928

37,448

NET CURRENT ASSETS

3,344

49,135

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,344

58,550

CREDITORS

Amounts falling due after more than one
year

8

-

(20,093

)

PROVISIONS FOR LIABILITIES

-

(572

)

NET ASSETS

3,344

37,885

CAPITAL AND RESERVES

Called up share capital

10

Retained earnings

3,334

37,875

SHAREHOLDERS' FUNDS

3,344

37,885

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 August 2025 and were signed by:

Mrs G A Clutterbuck - Director

1.	STATUTORY INFORMATION

G S Consultancy (Management Training)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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, 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.

Improvements to property

-

Straight line over 5 years

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 April 2024

28,454

Disposals

(28,454

)

At 30 June 2025

-

Amortisation

At 1 April 2024

28,454

Eliminated on disposal

(28,454

)

At 30 June 2025

-

Net book value

At 30 June 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

Cost

At 1 April 2024

21,482

1,476

8,971

31,929

Additions

-

368

1,412

1,780

Disposals

(21,482

)

(1,844

)

(10,383

)

(33,709

)

At 30 June 2025

-

Depreciation

At 1 April 2024

12,845

1,476

8,193

22,514

Eliminated on disposal

(12,845

)

(1,476

)

(8,193

)

(22,514

)

At 30 June 2025

-

Net book value

At 30 June 2025

-

At 31 March 2024

8,637

-

778

9,415

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

31/3/24

£

Trade debtors

1,777

20,876

Other debtors

-

1,362

1,777

22,238

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

31/3/24

£

Bank loans and overdrafts

-

3,889

Trade creditors

-

2,398

Taxation and social security

3,192

8,818

Other creditors

24,736

22,343

27,928

37,448

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30/6/25

31/3/24

£

Bank loans

-

20,093

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

4,537

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 June 2025 and the year ended 31 March 2024:

30/6/25

31/3/24

£

Mrs G A Clutterbuck

Balance outstanding at start of period

(107

)

(2,541

)

Amounts advanced

8,121

5,434

Amounts repaid

(30,708

)

(3,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(22,694

)

(107

)

At 30 June 2025, the company owed the director Mrs G A Clutterbuck £22,694 (2024 - £107). The balance owed, included within other creditors, is made of business expenses not yet reimbursed and declared dividends directly credited to the director's loan account. The loan balance is repayable to the director on demand.