Registered number: 07643405

GSR Europe Ltd
Unaudited Financial Statements
for the period ended 28 February 2017

Statement of Financial Position

as at 28 February 2017

  2017
Restated
2016
   
££
 
££
Called up share capital not paid  
  -  
 
  -  
Fixed assets  
  576  
 
  810  
Current assets  
18,014    
 
15,368    
Prepayments and accrued income  
-    
 
-    
Creditors: amounts falling due within one year  
( 7,245 )  
 
( 12,677 )  
Net current assets (liabilities)  
  10,769  
 
  2,691  
Total assets less current liabilities  
  11,345  
 
  3,501  
Creditors: amounts falling due after more than one year  
  -  
 
  -  
Provisions for liabilities  
  -  
 
  -  
Accruals and deferred income  
  -  
 
  -  
Net assets  
  11,345  
 
  3,501  
   
Capital and reserves  
  11,345  
 
  3,501  

07643405 2016-06-01 2017-02-28 07643405 2015-06-01 2016-05-31 07643405 2017-02-28 07643405 2016-05-31 07643405 2016-06-01 07643405 uk-frs102:WithinOneYear 2017-02-28 07643405 uk-frs102:AfterOneYear 2017-02-28 07643405 uk-frs102:WithinOneYear 2016-05-31 07643405 uk-frs102:AfterOneYear 2016-05-31 07643405 uk-bus:AuditExempt-NoAccountantsReport 2016-06-01 2017-02-28 07643405 uk-bus:AbbreviatedAccounts 2016-06-01 2017-02-28 07643405 uk-bus:Director1 1 2016-06-01 2017-02-28 07643405 uk-bus:Director1 2016-06-01 2017-02-28 07643405 uk-bus:Director1 1 2016-06-01 07643405 uk-bus:Director1 1 2017-02-28 07643405 uk-bus:Micro-entities 2016-06-01 2017-02-28 07643405 uk-bus:PrivateLimitedCompanyLtd 2016-06-01 2017-02-28 iso4217:GBP

Footnotes to the Statement of Financial Position

Grant Ring

1. Directors’ benefits: advances, credit and guarantees

Grant Ring

Included in creditors is an amount due to be paid by the company to one of its directors. The amount is an advance made to the company of £475 by Grant Ring, a director of the company, on 01/06/2016.

During the accounting period the maximum amount repayable to Grant Ring was £6,639

The following conditions are attached to amount payable to Grant Ring:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid by the company.
Opening balance 01/06/2016 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 28/02/2017
£ £ £ £ £ £ £
5,226   ( 25,355 )
( 25,355 )
20,604
20,604  
0 0 0 475  

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the period ending 28/02/2017 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 directors acknowledge their responsibilities for complying with the requirements of Companies Act 2006 with respect to accounting records and the preparation of accounts

The company was trading for the entire period 2016-06-01 2017-02-28 2017-02-28 IT Contracting 2017-05-31



Approved by the board of directors and signed on behalf of the board,

GSR Europe Ltd
Director Grant Ring
Company registration number: 07643405