GS Plant Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 16247635

		31 March 2026
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		344,524

			344,524
CURRENT ASSETS
Stocks	5	80,939
Debtors	6	20,403
Cash at bank and in hand		27,931

		129,273
Creditors: Amounts Falling Due Within One Year	7	(316,262 )

NET CURRENT ASSETS (LIABILITIES)			(186,989 )

TOTAL ASSETS LESS CURRENT LIABILITIES			157,535

Creditors: Amounts Falling Due After More Than One Year	8		(57,234 )

NET ASSETS			100,301

CAPITAL AND RESERVES
Called up share capital	9		100
Profit and Loss Account			100,201

SHAREHOLDERS' FUNDS			100,301

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GS Plant Ltd

Balance Sheet (continued)

As At 31 March 2026

For the period 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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Gary Smale

Director

18 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

GS Plant Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16247635 . The registered office is Beechcroft, Holsworthy Beacon, Holsworthy, Devon, EX22 7NE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, . The principal accounting policies adopted are set out below

2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Reducing balance
Motor Vehicles	20% Reducing balance
Fixtures & Fittings	15% Reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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GS Plant Ltd

Notes to the Financial Statements (continued)

For the Period 12 February 2025 to 31 March 2026

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 5

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 12 February 2025	186,473	55,151	-	241,624
Additions	121,328	18,490	279	140,097

As at 31 March 2026	307,801	73,641	279	381,721

Depreciation
As at 12 February 2025	-	-	-	-
Provided during the period	28,207	8,989	1	37,197

As at 31 March 2026	28,207	8,989	1	37,197

Net Book Value
As at 31 March 2026	279,594	64,652	278	344,524

As at 12 February 2025	186,473	55,151	-	241,624

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GS Plant Ltd

Notes to the Financial Statements (continued)

For the Period 12 February 2025 to 31 March 2026

5. Stocks

	31 March 2026
	£
Stock	15,000
Work in progress	65,939

	80,939

6. Debtors

	31 March 2026
	£
Due within one year
Trade debtors	16,792
Other debtors	3,611

	20,403

7. Creditors: Amounts Falling Due Within One Year

	31 March 2026
	£
Net obligations under finance lease and hire purchase contracts	28,266
Trade creditors	60,003
Other creditors	201,271
Taxation and social security	26,722

	316,262

8. Creditors: Amounts Falling Due After More Than One Year

	31 March 2026
	£
Net obligations under finance lease and hire purchase contracts	57,234

9. Share Capital

	31 March 2026
	£
Allotted, Called up and fully paid	100

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