REGISTERED NUMBER: 06379381 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Global Publishing Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Elancheran

M J O'Neill

V Prabhakar Ram

H Shankar

L G Stevens

REGISTERED OFFICE:

Carlson Suite

Vantage Point Business Village

Mitcheldean

Gloucestershire

GL17 0DD

REGISTERED NUMBER:

06379381 (England and Wales)

AUDITORS:

millhall consultants ltd

Carlson Suite

Vantage Point Business Village

Mitcheldean

Gloucestershire

GL17 0DD

FIXED ASSETS

Intangible assets

4

183,601

207,761

Tangible assets

5

20,174

25,341

Investments

6

11,116

11,116

214,891

244,218

CURRENT ASSETS

Debtors

7

3,639,444

2,343,916

Cash at bank

353,772

1,710,572

3,993,216

4,054,488

CREDITORS

Amounts falling due within one year

8

2,537,946

2,288,282

NET CURRENT ASSETS

1,455,270

1,766,206

TOTAL ASSETS LESS CURRENT LIABILITIES

1,670,161

2,010,424

CREDITORS

Amounts falling due after more than one year

9

60,180

111,283

NET ASSETS

1,609,981

1,899,141

CAPITAL AND RESERVES

Called up share capital

114,899

114,899

Share premium

788,308

788,308

Capital redemption reserve

4,767

4,767

Retained earnings

702,007

991,167

1,609,981

1,899,141

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 2 September 2025 and were signed on its behalf by:

L G Stevens - Director

1.	STATUTORY INFORMATION

Global Publishing Solutions 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 0, is being amortised evenly over its estimated useful life of nil 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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 16 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

$

COST

At 1 April 2024

and 31 March 2025

377,679

AMORTISATION

At 1 April 2024

169,918

Charge for year

24,160

At 31 March 2025

194,078

NET BOOK VALUE

At 31 March 2025

183,601

At 31 March 2024

207,761

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

$

COST

At 1 April 2024

149,171

Additions

3,236

At 31 March 2025

152,407

DEPRECIATION

At 1 April 2024

123,830

Charge for year

8,403

At 31 March 2025

132,233

NET BOOK VALUE

At 31 March 2025

20,174

At 31 March 2024

25,341

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

$

COST

At 1 April 2024

and 31 March 2025

11,116

NET BOOK VALUE

At 31 March 2025

11,116

At 31 March 2024

11,116

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

$

$

Trade debtors

1,213,092

990,679

Amounts owed by group undertakings

1,319,800

218,759

Other debtors

1,106,552

1,134,478

3,639,444

2,343,916

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

$

$

Trade creditors

453,948

311,481

Amounts owed to group undertakings

353,266

141,396

Taxation and social security

102,120

71,133

Other creditors

1,628,612

1,764,272

2,537,946

2,288,282

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

$

$

Other creditors

60,180

111,283

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ben Hall FCA (Senior Statutory Auditor)

for and on behalf of millhall consultants ltd

11.	RELATED PARTY TRANSACTIONS

The company has taken the exemption from disclosing related party transactions with group companies under the same control in accordance with FRS 102 Section 33 "Related Party Transactions".

During the year, there was an outstanding loan balance due to the company from a director. Interest was charge on the outstanding balance in accordance with the HMRC rate of interest at 2.25%.

01/04/2024

31/03/2025

Brought

Interest

Carried

forward

Repayments

charged

forward

$

$

$

$

Director's loan

293,318

-

6,600

299,918

293,318

-

6,600

299,918