GSG UK Construction Ltd - Filleted accounts

Registered number

11872249

GSG UK Construction Ltd

Filleted Accounts

for the year ended 31 March 2025

GSG UK Construction Ltd
Registered number:		11872249
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		20,596			25,745

Current assets
Debtors	4	74,335			99,380
Cash at bank and in hand		100,499			49,255
		174,834			148,635

Creditors: amounts falling due within one year	5	(83,892)			(93,208)

Net current assets			90,942			55,427

Net assets			111,538			81,172

Capital and reserves
Called up share capital			100			100
Profit and loss account			111,438			81,072

Shareholder's funds			111,538			81,172

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Gursewak Singh
Director
Approved by the board on 22 December 2025

GSG UK Construction Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Furniture, fixture & equipment	20% reducing balance
	Motor vehicles	20% reducing balance



	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			3		2


3	Tangible fixed assets
		Furniture, fixture & equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	570		34,160		34,730
	At 31 March 2025	570		34,160		34,730

	Depreciation
	At 1 April 2024	114		8,871		8,985
	Charge for the year	91		5,058		5,149
	At 31 March 2025	205		13,929		14,134

	Net book value
	At 31 March 2025	365		20,231		20,596
	At 31 March 2024	456		25,289		25,745


4	Debtors			2025		2024
£					£

	Trade debtors			45,851		66,296
	Other debtors			28,484		33,084
				74,335		99,380


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			-		858
	Taxation and social security costs			47,088		49,311
	Other creditors			36,804		43,039
				83,892		93,208


6	Other information

	GSG UK Construction Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	5a Waterbeach Road
	Slough
	SL1 3LA