Company registration number 12932235 (England and Wales)
GSV RESOURCE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
GSV RESOURCE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
GSV RESOURCE LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
100
100
Net current assets
100
100
Capital and reserves
Called up share capital
4
100
100

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 6 November 2025
Mr N Greenaway
Director
Company registration number 12932235 (England and Wales)
GSV RESOURCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

GSV Resource Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Maltings, East Tyndall Street, Cardiff, CF24 5EZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

1.2
Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.3
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
GSV RESOURCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
100
100
4
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
5
Parent company

The company is a wholly owned subsidiary of GS Verde Group Limited, whose registered office address is The Loft a t The Maltings, East Tyndall Street, Cardiff, CF24 5EZ.

The ultimate parent company is GS Verde Group Limited, whose registered office address is The Loft a t The Maltings, East Tyndall Street, Cardiff, CF24 5EZ.

2024-12-31 2024-01-01 false false true 06 November 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr N Greenaway 12932235 2024-01-01 2024-12-31 12932235 2024-12-31 12932235 2023-12-31 12932235 core:ShareCapital 2024-12-31 12932235 core:ShareCapital 2023-12-31 12932235 core:ShareCapitalOrdinaryShareClass1 2024-12-31 12932235 core:ShareCapitalOrdinaryShareClass1 2023-12-31 12932235 bus:Director1 2024-01-01 2024-12-31 12932235 2023-01-01 2023-12-31 12932235 core:CurrentFinancialInstruments 2023-12-31 12932235 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 12932235 bus:OrdinaryShareClass1 2024-12-31 12932235 bus:OrdinaryShareClass1 2023-12-31 12932235 bus:EntityNoLongerTradingButTradedInPast 2024-01-01 2024-12-31 12932235 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12932235 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12932235 bus:FRS102 2024-01-01 2024-12-31 12932235 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12932235 bus:FullAccounts 2024-01-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP