Company Registration No. 5817634 (England and Wales)
GSM Consultancy Limited
Unaudited accounts
for the year ended 31 July 2018
GSM Consultancy Limited
Unaudited accounts
Contents
GSM Consultancy Limited
Company Information
for the year ended 31 July 2018
Company Number
5817634 (England and Wales)
Registered Office
65 Eaton Hill
Leeds
LS16 6SE
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 2018
Creditors: amounts falling due within one year
(21,076)
(11,354)
Net current liabilities
(4,047)
(463)
Net (liabilities)/assets
(3,564)
255
Called up share capital
2
2
Profit and loss account
(3,566)
253
Shareholders' funds
(3,564)
255
For the year ending 31 July 2018 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.
Approved by the Board on 14 November 2018.
Mr G S Moore
Director
Company Registration No. 5817634
GSM Consultancy Limited
Notes to the Accounts
for the year ended 31 July 2018
GSM Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 5817634. The registered office is 65 Eaton Hill, Leeds, LS16 6SE.
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 2017
524
3,294
3,818
At 31 July 2018
524
3,294
3,818
At 1 August 2017
466
2,634
3,100
Charge for the year
15
220
235
At 31 July 2018
481
2,854
3,335
At 31 July 2018
43
440
483
At 31 July 2017
58
660
718
Trade debtors
17,029
10,891
GSM Consultancy Limited
Notes to the Accounts
for the year ended 31 July 2018
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
1,811
252
Trade creditors
7,288
3,346
Taxes and social security
11,212
7,047
Loans from directors
90
59
7
Average number of employees
During the year the average number of employees was 4 (2017: 4).
