REGISTERED NUMBER: 06580131 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

GS Developments (Southern) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Mrs J Nightingale

REGISTERED OFFICE:

135 Rownhams Lane

North Baddesley

Southampton

Hampshire

SO52 9LU

REGISTERED NUMBER:

06580131 (England and Wales)

ACCOUNTANTS:

Priors Consultancy (Southern) Limited

12 Priors Close

Southbourne

Emsworth

Hampshire

PO10 8LJ

FIXED ASSETS

Tangible assets

4

21,951

27,439

CURRENT ASSETS

Debtors

5

2,723

3,367

Cash at bank

1,675

3,415

4,398

6,782

CREDITORS

Amounts falling due within one year

6

330,351

327,886

NET CURRENT LIABILITIES

(325,953

)

(321,104

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(304,002

)

(293,665

)

CREDITORS

Amounts falling due after more than one year

7

50,000

50,000

NET LIABILITIES

(354,002

)

(343,665

)

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

(354,004

)

(343,667

)

SHAREHOLDERS' FUNDS

(354,002

)

(343,665

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 23 September 2025 and were signed by:

Mrs J Nightingale - Director

1.	STATUTORY INFORMATION

GS Developments (Southern) 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

15,072

120,633

1,460

137,165

DEPRECIATION

At 1 May 2024

13,617

95,817

292

109,726

Charge for year

291

4,963

234

5,488

At 30 April 2025

13,908

100,780

526

115,214

NET BOOK VALUE

At 30 April 2025

1,164

19,853

934

21,951

At 30 April 2024

1,455

24,816

1,168

27,439

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

VAT

2,723

3,367

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

(1

)

(1

)

Other creditors

1,044

1,044

Directors' current accounts

316,808

320,843

Directors' loan accounts

12,500

6,000

330,351

327,886

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Other loans (see note 8)

50,000

50,000

8.

LOANS

An analysis of the maturity of loans is given below:

30.4.25

30.4.24

£

£

Amounts falling due between one and two years:

Bounce back loan

50,000

50,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

2

Ordinary

£1.00

2

2

10.

RESERVES

Retained

earnings

£

At 1 May 2024

(343,667

)

Deficit for the year

(10,337

)

At 30 April 2025

(354,004

)

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

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Priors Consultancy (Southern) Limited

12 Priors Close

Southbourne

Emsworth

Hampshire

PO10 8LJ

Date: .............................................