Company Registration No. 5817634 (England and Wales)
GSM Consultancy Limited
Unaudited accounts
for the year ended 31 July 2020
GSM Consultancy Limited
Unaudited accounts
Contents
GSM Consultancy Limited
Company Information
for the year ended 31 July 2020
Company Number
5817634 (England and Wales)
Registered Office
10 Claro Court Business Centre
Claro Road
HARROGATE
North Yorkshire
HG1 4BA
United Kingdom
Accountants
John Shackleton & Co Ltd,
10 Claro Court Business Centre
Claro Road
Harrogate
North Yorkshire
HG1 4BA
GSM Consultancy Limited
Statement of financial position
as at 31 July 2020
Cash at bank and in hand
9,410
2,151
Creditors: amounts falling due within one year
(2,642)
(72,358)
Net current assets/(liabilities)
24,033
(886)
Total assets less current liabilities
25,015
453
Creditors: amounts falling due after more than one year
(25,000)
-
Called up share capital
2
2
Profit and loss account
13
451
Shareholders' funds
15
453
For the year ending 31 July 2020 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 16 April 2021 and were signed on its behalf by
Mr G S Moore
Director
Company Registration No. 5817634
GSM Consultancy Limited
Notes to the Accounts
for the year ended 31 July 2020
GSM Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 5817634. The registered office is 10 Claro Court Business Centre, Claro Road, HARROGATE, North Yorkshire, HG1 4BA, United Kingdom.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% on reducing balance
Computer equipment
33% on reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2019
1,900
3,294
5,194
At 31 July 2020
1,900
3,294
5,194
At 1 August 2019
836
3,019
3,855
Charge for the year
266
91
357
At 31 July 2020
1,102
3,110
4,212
At 31 July 2020
798
184
982
At 31 July 2019
1,064
275
1,339
GSM Consultancy Limited
Notes to the Accounts
for the year ended 31 July 2020
Trade debtors
1,095
69,321
Total debtors less than one year
17,265
69,321
Total debtors
17,265
69,321
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
726
48,632
Taxes and social security
1,066
8,346
Loans from directors
-
13,822
7
Creditors: amounts falling due after more than one year
2020
2019
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Current Account
-
14,114
-
14,114
9
Average number of employees
During the year the average number of employees was 4 (2019: 4).
