REGISTERED NUMBER: 05884747 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

GSI WEALTH MANAGEMENT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P Mitchell

Mrs J L Mitchell

SECRETARY:

Mrs J L Mitchell

REGISTERED OFFICE:

1 Churchill Court

Horton's Way

WESTERHAM

Kent

TN16 1BT

REGISTERED NUMBER:

05884747 (England and Wales)

ACCOUNTANTS:

Wells Associates

Ground Floor Oakhurst House

77 Mount Ephraim

Tunbridge Wells

Kent

TN4 8BS

FIXED ASSETS

Property, plant and equipment

4

182,890

193,056

Investments

5

8,537

(370

)

191,427

192,686

CURRENT ASSETS

Debtors

6

25,990

87,313

Cash at bank and in hand

124,237

117,437

150,227

204,750

CREDITORS

Amounts falling due within one year

7

(138,654

)

(83,873

)

NET CURRENT ASSETS

11,573

120,877

TOTAL ASSETS LESS CURRENT LIABILITIES

203,000

313,563

CREDITORS

Amounts falling due after more than one year

8

-

(9,877

)

PROVISIONS FOR LIABILITIES

(1,022

)

(6,529

)

NET ASSETS

201,978

297,157

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

100

100

Retained earnings

201,778

296,957

SHAREHOLDERS' FUNDS

201,978

297,157

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 4 December 2025 and were signed on its behalf by:

P Mitchell - Director

1.	STATUTORY INFORMATION

GSI Wealth Management Limited 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

2% on cost

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33.33% on cost

Property, plant and equipment are measured at cost less accumulated depreciation and any accumulated impairment losses.

Assets held under hire purchase contracts and finance leases are depreciated in the same way as owned assets.

At each statement of financial position date, the company reviews the carrying amount of its property, plant and equipment to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2024 - 16 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Long

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 July 2024

265,279

29,834

6,370

Additions

-

-

-

At 30 June 2025

265,279

29,834

6,370

DEPRECIATION

At 1 July 2024

99,909

8,060

6,010

Charge for year

5,305

2,983

90

At 30 June 2025

105,214

11,043

6,100

NET BOOK VALUE

At 30 June 2025

160,065

18,791

270

At 30 June 2024

165,370

21,774

360

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2024

13,220

45,213

359,916

Additions

480

749

1,229

At 30 June 2025

13,700

45,962

361,145

DEPRECIATION

At 1 July 2024

10,083

42,798

166,860

Charge for year

904

2,113

11,395

At 30 June 2025

10,987

44,911

178,255

NET BOOK VALUE

At 30 June 2025

2,713

1,051

182,890

At 30 June 2024

3,137

2,415

193,056

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2024

(370

)

Additions

46,677

Disposals

(37,770

)

At 30 June 2025

8,537

NET BOOK VALUE

At 30 June 2025

8,537

At 30 June 2024

(370

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,281

(75

)

Other debtors

21,709

87,388

25,990

87,313

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,877

10,248

Trade creditors

14,776

36,570

Taxation and social security

94,804

21,615

Other creditors

19,197

15,440

138,654

83,873

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

9,877

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

P Mitchell

Balance outstanding at start of year

(1,750

)

24,818

Amounts advanced

2

-

Amounts repaid

(1,256

)

(26,568

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,004

)

(1,750

)