Company Registration No. 10022030 (England and Wales)
NETWORK GSA LTD
Unaudited accounts
for the year ended 31 March 2026
NETWORK GSA LTD
Unaudited accounts
Contents
NETWORK GSA LTD
Company Information
for the year ended 31 March 2026
Company Number
10022030 (England and Wales)
Registered Office
16 Woodlands Walk
Mannings Heath
Horsham
West Sussex
RH13 6JG
England
Accountants
Angela MacCarthy Limited T A On The Spot
7 Chalfont Drive
Hove
East Sussex
BN3 6QR
NETWORK GSA LTD
Statement of financial position
as at 31 March 2026
Tangible assets
30,752
40,880
Cash at bank and in hand
572,328
435,415
Creditors: amounts falling due within one year
(107,559)
(122,245)
Net current assets
477,077
365,751
Net assets
507,829
406,631
Called up share capital
100
100
Profit and loss account
507,729
406,531
Shareholders' funds
507,829
406,631
For the year ending 31 March 2026 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 2 October 2026 and were signed on its behalf by
Andrew Hoskins
Director
Company Registration No. 10022030
NETWORK GSA LTD
Notes to the Accounts
for the year ended 31 March 2026
NETWORK GSA LTD is a private company, limited by shares, registered in England and Wales, registration number 10022030. The registered office is 16 Woodlands Walk, Mannings Heath, Horsham, West Sussex, RH13 6JG, England.
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.
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.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
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:
Plant & machinery
20% per annum straight line
Computer equipment
33.3% per annum straight line
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.
NETWORK GSA LTD
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
54,090
10,282
64,372
At 31 March 2026
54,090
11,958
66,048
At 1 April 2025
14,424
9,068
23,492
Charge for the year
10,818
986
11,804
At 31 March 2026
25,242
10,054
35,296
At 31 March 2026
28,848
1,904
30,752
At 31 March 2025
39,666
1,214
40,880
Amounts falling due within one year
Accrued income and prepayments
1,325
1,072
Other debtors
10,000
10,000
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
54,119
49,626
Other creditors
37,280
6,856
Loans from directors
13,802
61,189
7
Transactions with related parties
The transactions with the director and shareholders have not been conducted under normal market conditions; A balance of £13,802 is owed to the director at the year and no interest is being charged to the company.
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).