REGISTERED NUMBER: 04175630 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GLOBAL TECHNOLOGY SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms A L Banks

REGISTERED OFFICE:

Kingsgate House

Second Floor, West Wing

Newbury Road

Andover

Hampshire

SP10 4DU

REGISTERED NUMBER:

04175630 (England and Wales)

ACCOUNTANTS:

Hysons

Chartered Accountants

14 London Street

Andover

Hampshire

SP10 2PA

FIXED ASSETS

Tangible assets

4

18,680

23,149

Investment property

5

250,000

127,200

268,680

150,349

CURRENT ASSETS

Stocks

73,457

-

Debtors

6

484,348

588,431

Cash at bank

1

1

557,806

588,432

CREDITORS

Amounts falling due within one year

7

791,502

867,542

NET CURRENT LIABILITIES

(233,696

)

(279,110

)

TOTAL ASSETS LESS CURRENT LIABILITIES

34,984

(128,761

)

CREDITORS

Amounts falling due after more than one year

8

167,565

-

NET LIABILITIES

(132,581

)

(128,761

)

CAPITAL AND RESERVES

Called up share capital

22,100

22,100

Fair value reserve

9

122,800

-

Retained earnings

9

(277,481

)

(150,861

)

(132,581

)

(128,761

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 26 November 2025 and were signed by:

Ms A L Banks - Director

1.	STATUTORY INFORMATION

Global Technology Solutions 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 as modified by the revaluation of certain assets.

Turnover

Turnover 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

52,810

Additions

1,758

At 31 March 2025

54,568

DEPRECIATION

At 1 April 2024

29,661

Charge for year

6,227

At 31 March 2025

35,888

NET BOOK VALUE

At 31 March 2025

18,680

At 31 March 2024

23,149

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

127,200

Revaluations

122,800

At 31 March 2025

250,000

NET BOOK VALUE

At 31 March 2025

250,000

At 31 March 2024

127,200

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

250,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

245,147

345,480

Other debtors

239,201

242,951

484,348

588,431

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

45,708

1,041

Trade creditors

194,474

377,446

Taxation and social security

98,356

64,687

Other creditors

452,964

424,368

791,502

867,542

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

167,565

-

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2024

(150,861

)

-

(150,861

)

Deficit for the year

(126,620

)

(126,620

)

Property revaluation

-

122,800

122,800

At 31 March 2025

(277,481

)

122,800

(154,681

)

10.	RELATED PARTY DISCLOSURES

A loan advanced to the director had a balance of £94,827 at the year end (2024: £113,354). Interest on this loan advance has been charged at the official rate of interest of 2.25% for the period April 2024 to March 2025.