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Company Registration No. 11883560 (England and Wales)
GSL Lettings Ltd Unaudited accounts for the year ended 31 March 2025
GSL Lettings Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
GSL Lettings Ltd Company Information for the year ended 31 March 2025
Director
Vikram Singh
Company Number
11883560 (England and Wales)
Registered Office
585 Lincoln Road Peterborough PE1 2PB United Kingdom
Accountants
Griffin and Sage Limited 172 Park Road Peterborough PE1 2UF
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GSL Lettings Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
11,728 
13,194 
Investment property
5
830,053 
516,255 
841,781 
529,449 
Current assets
Cash at bank and in hand
36,838 
23,578 
Creditors: amounts falling due within one year
6
(264,166)
(160,699)
Net current liabilities
(227,328)
(137,121)
Total assets less current liabilities
614,453 
392,328 
Creditors: amounts falling due after more than one year
7
(606,769)
(383,644)
Net assets
7,684 
8,684 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,584 
8,584 
Shareholders' funds
7,684 
8,684 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 December 2025 and were signed on its behalf by
Vikram Singh Director Company Registration No. 11883560
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GSL Lettings Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
GSL Lettings Ltd is a private company, limited by shares, registered in England and Wales, registration number 11883560. The registered office is 585 Lincoln Road, Peterborough, PE1 2PB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
10% Straight Line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2024
14,660 
At 31 March 2025
14,660 
Depreciation
At 1 April 2024
1,466 
Charge for the year
1,466 
At 31 March 2025
2,932 
Net book value
At 31 March 2025
11,728 
At 31 March 2024
13,194 
5
Investment property
2025 
£ 
Fair value at 1 April 2024
516,255 
Additions
313,798 
At 31 March 2025
830,053 
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GSL Lettings Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
957 
Taxes and social security
236 
1,581 
Loans from directors
262,970 
157,201 
Accruals
960 
960 
264,166 
160,699 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
606,769 
383,644 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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