15299963 false GENERAL BUILDER 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/2025-03-31 http://www.companieshouse.gov.uk/pt:PlantMachinery 2025-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-03-31 http://www.companieshouse.gov.uk/cd:Director1 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles 2025-03-31 http://www.companieshouse.gov.uk/pt:PlantMachinery 2026-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2026-03-31 http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles 2026-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-03-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2026-03-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2026-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-03-31 http://www.companieshouse.gov.uk/2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/2025-03-31 http://www.companieshouse.gov.uk/cd:FRS102 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/2026-03-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 http://www.companieshouse.gov.uk/cd:FilletedAccounts 2025-04-01 2026-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 15299963
GSP AND SONS LTD
ACCOUNTS
FOR THE YEAR ENDED 31/03/2026
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

GSP AND SONS LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2026
DIRECTORS
GURTAJ SINGH PUNIA
REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHANPTON
WEST MIDLANDS
WV8 1PT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 15299963
BANKERS
LLOYDS BANK plc
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

GSP AND SONS LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2026
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

GSP AND SONS LTD

BALANCE SHEET AT 31/03/2026
|  |  |  |  |  | 2026 |  |  |  | 2025
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3 |  |  |  | 13,035 |  |  |  | 1,894
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Debtors |  | 4 |  | 4,611 |  |  |  | 4,606 |  |
Cash at bank and in hand |  |  |  | 19,929 |  |  |  | 198 |  |
|  |  |  | 24,540 |  |  |  | 4,804 |  |
CREDITORS: Amounts falling due within one year |  | 5 |  | 34,520 |  |  |  | 5,695 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (9,980) |  |  |  | (891)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 3,055 |  |  |  | 1,003
PROVISIONS FOR LIABILITIES AND CHARGES |  | 6 |  |  |  | 1,314 |  |  |  | 360
NET ASSETS |  |  |  |  |  | 1,741 |  |  |  | 643
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 7 |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  |  | 1,641 |  |  |  | 543
SHAREHOLDERS' FUNDS |  |  |  |  |  | 1,741 |  |  |  | 643
For the year ending 31/03/2026 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/07/2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
GURTAJ SINGH PUNIA |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

GSP AND SONS LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2026

1. ACCOUNTING POLICIES

1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1b. Going Concern
The financial statements have been prepared on the going concern basis. The company is in a net current liability of £ 9,980 as at 31 March 2026. The director has given assurances to the company that he will not draw on at least £ 10,000 of his loan account. As such the director considers the company to be a going concern and the director is of the opinion that the company will be able to pay it's debts as they fall due for at least twelve months from the date that the balance sheet was signed.

1c. Depreciation |  |
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered 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.
Plant And Machinery |  | straight line 10%
Commercial Vehicles |  | straight line 10%
Equipment |  | straight line 10%

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2026 |  | 2025
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 1 |  | 1
Key management personnel is restricted to that of the director.

GSP AND SONS LTD

3. TANGIBLE FIXED ASSETS |  |  |  |  |  |  |  |
|  | Plant and |  | Commercial |  |  |  |
|  | Machinery |  | Vehicles |  | Equipment |  | Total
|  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |
At 01/04/2025 |  | 1,330 |  | - |  | 880 |  | 2,210
Additions |  | - |  | 10,000 |  | 2,564 |  | 12,564
Disposals |  | (140) |  | - |  | (400) |  | (540)
At 31/03/2026 |  | 1,190 |  | 10,000 |  | 3,044 |  | 14,234
Depreciation |  |  |  |  |  |  |  |
At 01/04/2025 |  | 140 |  | - |  | 176 |  | 316
Disposals |  | (140) |  | - |  | (400) |  | (540)
For the year |  | 119 |  | 1,000 |  | 304 |  | 1,423
At 31/03/2026 |  | 119 |  | 1,000 |  | 80 |  | 1,199
Net Book Amounts |  |  |  |  |  |  |  |
At 31/03/2026 |  | 1,071 |  | 9,000 |  | 2,964 |  | 13,035
At 31/03/2025 |  | 1,190 |  | - |  | 704 |  | 1,894

4. DEBTORS |  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 5 |  | -
Other tax |  |  |  | 3,202 |  | 3,202
Prepayments |  |  |  | 1,404 |  | 1,404
|  |  |  | 4,611 |  | 4,606

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 4,805 |  | 200
PAYE control |  |  |  | 360 |  | -
Directors current account |  |  |  | 18,497 |  | 4,249
Trade creditors |  |  |  | 8,846 |  | 34
Accruals |  |  |  | 2,012 |  | 1,212
|  |  |  | 34,520 |  | 5,695

GSP AND SONS LTD

6. PROVISIONS FOR LIABILITIES |  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 1,314 |  | 360
|  |  |  | 1,314 |  | 360

7. SHARE CAPITAL |  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
100 Ordinary shares of £1 each |  |  |  | 100 |  | 100
|  |  |  | 100 |  | 100
On incorporation of the company one hundred ordinary shares of £ 1 each were issued at par for cash.

8. CONTROLLING PARTY
The company is wholly owned by the director Mr G S Punia.

9. RELATED PARTY TRANSACTIONS
The director Mr G S Punia received a dividend of £ 22,600 in the year to 31 March 2026 (2025 - £ 440)

10. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company operates as a general builder in both the residential and commercial property sector. All of its activities are carried out within the United Kingdom.
The company was incorporated on 21 November 2023 and commenced trade on the same date.

11. GENERAL INFORMATION
GSP and Sons Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.