0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 15766541 2024-04-01 2025-03-31 15766541 2025-03-31 15766541 2024-03-31 15766541 bus:Director1 2024-04-01 2025-03-31 15766541 core:WithinOneYear 2025-03-31 15766541 core:ShareCapital 2025-03-31 15766541 core:RetainedEarningsAccumulatedLosses 2025-03-31 15766541 bus:SmallEntities 2024-04-01 2025-03-31 15766541 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 15766541 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 15766541 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 15766541 bus:FullAccounts 2024-04-01 2025-03-31
COMPANY REGISTRATION NUMBER: 15766541

GS Land Limited

Filleted Unaudited Financial Statements

31 March 2025

GS Land Limited

Statement of Financial Position

31 March 2025

| 2025
Note | £

Current assets

Stocks | 758,979
Debtors | 4 | 9,431
Cash at bank and in hand | 55,041
| ---------
| 823,451

Creditors: amounts falling due within one year | 5 | 851,344
| ---------
Net current liabilities | 27,893
| --------
Total assets less current liabilities | ( 27,893)
| --------

Capital and reserves

Called up share capital | 100
Profit and loss account | ( 27,993)
| --------
Shareholders deficit | ( 27,893)
| --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 9 October 2025 , and are signed on behalf of the board by:

Mr M Singh
Director

Company registration number: 15766541

GS Land Limited

Notes to the Financial Statements

Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 120 Ross Walk, Leicester, LE4 5HH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Debtors

| 2025
| £
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 100
Other debtors | 9,331
| -------
| 9,431
| -------

5. Creditors: amounts falling due within one year

| 2025
| £
Trade creditors | 5,316
Other creditors | 846,028
| ---------
| 851,344
| ---------

6. Going concern
The liabilities exceed the assets by £27,893 at the balance sheet date. (2024: Nil)