10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10–Q

(Mark One)

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended August 31, 2013

or

[   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____________ to ________________

Commission file number: 333-187782

GLOBAL SYSTEM DESIGNS, INC.
(Exact name of registrant as specified in its charter)
Nevada	46-1669753
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
24123 Peachland Blvd., C-4, #106, Port Charlotte, FL 33954
(Address of principal executive offices)
941-613-9858
(Registrant’s telephone number, including area code)
(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes [X]  No [  ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes [X] No [  ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act (Check one).

Large accelerated filer [  ]	Accelerated filer [  ]
Non-accelerated filer [  ]	Smaller reporting company [X]
(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [  ] No [X]

As of October 3, 2013 there were 5,825,000 shares of the issuer’s common stock, par value $0.0001, outstanding.

GLOBAL SYSTEM DESIGNS, INC.

FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED AUGUST 31, 2013

TABLE OF CONTENTS

			Page
PART I – FINANCIAL INFORMATION
	ITEM 1.	FINANCIAL STATEMENTS	3
	ITEM 2.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	14
	ITEM 3.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	17
	ITEM 4.	CONTROLS AND PROCEDURES	17
PART II – OTHER INFORMATION
	ITEM 1.	LEGAL PROCEEDINGS	18
	ITEM 1A.	RISK FACTORS	18
	ITEM 2.	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	18
	ITEM 3.	DEFAULTS UPON SENIOR SECURITIES	18
	ITEM 4.	MINE SAFETY DISCLOSURES	18
	ITEM 5.	OTHER INFORMATION	18
	ITEM 6.	EXHIBITS	19
SIGNATURES			20

2

PART I – FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes thereto contained in our company's Prospectus, Form 424(B)(2), filed with the SEC on July 15, 2013. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the periods presented have been reflected herein. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year ended November 30, 2013.

INDEX TO INTERIM FINANCIAL STATEMENTS

For the Period of November 27, 2011 (Date of Inception) to August 31, 2013:

(Unaudited)

	Page
Condensed Balance Sheets	4
Condensed Statements of Operations	5
Condensed Statements of Stockholders' Equity	6
Condensed Statements of Cash Flows	7
Notes to the Unaudited Condensed Financial Statements	8

3

GLOBAL SYSTEM DESIGNS, INC.

(A Development Stage Company)

Condensed Balance Sheets

	August 31,			November 30,
	2013			2012
	(Unaudited)
ASSETS
Current Assets
Cash and cash equivalents	$	38,394		$	-
Total current assets		38,394			-
TOTAL ASSETS	$	38,394		$	-
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES
Current Liabilities
Accounts Payable	$	246		$	-
Total current liabilities		246			-
TOTAL LIABILITIES		246			-
COMMITMENTS AND CONTINGENCIES (NOTE 7)		-			-
STOCKHOLDERS' EQUITY
Preferred stock, 15,000,000 shares authorized; par value $0.0001, none issued and outstanding		-			-
Common stock, 100,000,000 shares authorized; par value $0.0001, 5,825,000 and 950,000 shares issued and outstanding, respectively		583			95
Additional paid-in capital		55,117			855
Deficit accumulated during the development state		(17,552	)		(950	)
Total Stockholders' Equity		38,148			-
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$	38,394		$	-

The accompanying notes to the condensed unaudited financial statements are an integral part of these statements.

4

GLOBAL SYSTEM DESIGNS, INC.

(A Development Stage Company)

Condensed Statements of Operations

(Unaudited)

	Three Months			Nine Months			November 27, 2012
	Ended			Ended			(inception) through
	August, 31			August 31,			August 31,
	2013			2013			2013
REVENUE	$	-		$	-		$	-
OPERATING EXPENSES
General and administrative		143			2,768			2,768
Professional fees		2,706			13,834			14,784
Total Operating Expenses		2,849			16,602			17,552
Net loss from operations		(2,849	)		(16,602	)		(17,552	)
Other Income and Expense		-			-			-
Provision for income taxes		-			-			-
Net Loss	$	(2,849	)	$	(16,602	)	$	(17,552	)
Basic loss per share	$	(0.00	)	$	(0.00	)
Weighted average number of shares outstanding		4,416,538			3,569,139

The accompanying notes to the condensed unaudited financial statements are an integral part of these statements.

5

GLOBAL SYSTEM DESIGNS, INC.

(A Development Stage Company)

Statements of Stockholders' Equity

Period From November 27, 2012 (Inception) To August 31, 2013

	Common Stock				Additional Paid in		Deficit Accumulated During the Development			Total Stockholders’
	Shares		Amount		Capital		Stage			Equity
Balance as of November 27, 2012 (Inception)		-	$	-	$	-	$	-		$	-
Founders' shares issued at $0.001 per share		950,000		95		855		-			950
Net loss		-		-		-		(950	)		(950	)
Balance, November 30, 2012		950,000		95		855		(950	)		-
Founders' shares issued at $0.001 per share		2,375,000		238		4,512		-			4,750
Common shares issued for cash at $0.02 per share		2,500,000		250		49,750		-			50,000
Net loss (Unaudited)		-		-		-		(16,602	)		(16,602	)
Balance, August 31, 2013 (Unaudited)		5,825,000	$	583	$	55,117	$	(17,552	)	$	38,148

The accompanying notes to the condensed unaudited financial statements are an integral part of these statements.

6

GLOBAL SYSTEM DESIGNS, INC.

(A Development Stage Company)

Condensed Statements of Cash Flows

(Unaudited)

	Nine Months			November 27, 2012
	Ended			(Inception) Through
	August 31,			August 31,
	2013			2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(16,602	)	$	(17,552	)
Adjustments to reconcile net loss to net cash used by operating activities:
Changes in operating activities:
Accounts payable and accrued liabilities		246			246
Net cash used in operating activities		(16,356	)		(17,306	)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash used in Investing Activities		-			-
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock		54,750			55,700
Net Cash Provided by Financing Activities		54,750			55,700
Net decrease in cash and cash equivalents		38,394			38,394
Cash and cash equivalents, beginning of period		-			-
Cash and cash equivalents, end of period	$	38,394		$	38,394
Supplemental Cash Flow Disclosure:
Cash paid for interest	$	-		$	-
Cash paid for income taxes	$	-		$	-

The accompanying notes to the condensed unaudited financial statements are an integral part of these statements.

7

GLOBAL SYSTEM DESIGNS, INC.

(A Development Stage Company)

Notes to the Condensed Financial Statements

August 31, 2013

(Unaudited)

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Global System Designs, Inc. (the “Company”) is a Nevada corporation incorporated on November 27, 2012.  It is based in Port Charlotte, FL, USA.  The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Company’s fiscal year end is November 30.

The Company is a development stage company that intends to operate as an educational and consulting services business focused on green home construction and renovation projects.  The Company will produce clear technically sound information products focused on: selecting building materials and products, evaluating and hiring contractors, and carrying out energy efficiency upgrades, repairs, and other construction and renovation projects.  The Company will offer consulting services in the areas of building plan evaluation, contract preparation, and research.  To date, the Company’s activities have been limited to its formation and the raising of equity capital.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Development Stage Company

The Company is a development stage company as defined by section ASC 915, “Development Stage Entities.”  The Company is still devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced.  All losses accumulated since inception have been considered as part of the Company's development stage activities.

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States of America.  The accompanying interim unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information in accordance with Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the Company’s opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine month period ended August 31, 2013 are not necessarily indicative of the results for the full years. While management of the Company believes that the disclosures presented herein and adequate and not misleading, these interim financial statements should be read in conjunction with the audited combined financial statements and the footnotes thereto for the period ended November 30, 2012 filed in its Form S-1.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.

8

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value.  The Company had $38,394 and $0 in cash and cash equivalents as of August 31, 2013 and November 30, 2012, respectively.

Net Loss per Share of Common Stock

The Company has adopted ASC Topic 260, “Earnings per Share,” (“EPS”) which requires presentation of basic EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation.  In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.

The following table sets forth the computation of basic earnings per share, for the three and nine month periods ended August 31, 2013:

	Three Months Ended August 31, 2013			Nine Months Ended August 31, 2013
Net loss	$	(2,849	)	$	(16,602	)
Weighted average common shares issued and outstanding (Basic)		4,416,538			3,569,139
Net loss per share, Basic	$	(0.00	)	$	(0.00	)

The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.

Concentrations of Credit Risk

The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables it will likely incur in the near future.  The Company places its cash and cash equivalents with financial institutions of high credit worthiness.  At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits.  The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

9

Financial Instruments

The Company follows ASC 820, “Fair Value Measurements and Disclosures”, which defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.  ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Share-based Expenses

ASC 718 “Compensation – Stock Compensation” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired.  Transactions include incurring liabilities, or issuing or offering to issue shares, options,  and other equity instruments such as employee stock ownership plans and stock appreciation rights.  Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period).

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “Equity – Based Payments to Non-Employees.” Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable:  (a) the goods or services received; or (b) the equity instruments issued.  The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.  

There were no share-based expenses for the period ended August 31, 2013.

10

Advertising Costs

The Company follows ASC 720, Advertising Costs, and expenses costs as incurred.  Advertising expense totaled $2,350 and $0 for the periods ending August 31, 2013 and November 30, 2012, respectively.

Related Parties

The Company follows ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions.  See Note 6.

Commitments and Contingencies

The Company follows ASC 450-20, “Loss Contingencies,” to report accounting for contingencies.  Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated.  There were no commitments or contingencies as of August 31, 2013 and November 30, 2012.

Recent Accounting Pronouncements

Management has considered all recent accounting pronouncements issued since the last audit of our financial statements. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements.

NOTE 3 - GOING CONCERN

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business.  As of August 31, 2013, the Company has a net loss from operations of $16,602, an accumulated deficit of $17,552 and has earned no revenues since inception.  The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending November 30, 2013.

The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan.  In response to these problems, management intends to raise additional funds through public or private placement offerings.

These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern.  The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

NOTE 4 - EQUITY

Preferred Stock

The Company has authorized 15,000,000 preferred shares with a par value of $0.0001 per share.  The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes.

11

There were no preferred shares issued and outstanding as of August 31, 2013 and November 30, 2012.

Common Shares

The Company has authorized 100,000,000 common shares with a par value of $0.0001 per share.  Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

Since inception (November 27, 2012) to August 31, 2013, the company has issued a total of 5,825,000 common shares for $55,700 cash, as follows:

·   On November 27, 2012, the company issued to its founder 950,000 shares of common stock at $0.001 per share for $950.

·   On January 8, 2013, the company issued to its founders 2,375,000 shares of common stock at $0.002 per share for $4,750.

·   During March 2013, the Company issued to unaffiliated investors, 725,000 shares of common stock at $0.02 per share for $14,500.

·   On August 13, 2013, the issued to unaffiliated investors, 1,775,000 shares of common stock at $0.02 per share for $35,500.

The Company has no stock option plan, warrants or other dilutive securities.

NOTE 5 - PROVISION FOR INCOME TAXES

The Company provides for income taxes under ASC 740, “Income Taxes.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax basis of assets and liabilities and the tax rates in effect when these differences are expected to reverse. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes for the following reasons:

	August 31,  2013			November 30, 2012
Income tax expense at statutory rate	$	(5,645	)	$	(323	)
Valuation allowance		5,645			323
Income tax expense per books	$	-		$	-

Net deferred tax assets consist of the following components as of:

	August 31,  2013			November 30, 2012
NOL Carryover	$	17,552		$	950
Valuation allowance		(17,552	)		(950	)
Net deferred tax asset	$	-		$	-

12

Due to the change in ownership provisions of the Income Tax laws of United States of America, net operating loss carry forwards of approximately $17,552 for federal income tax reporting purposes are subject to annual limitations. When a change in ownership occurs, net operating loss carry forwards may be limited as to use in future years.  Net operating loss carry forwards begin to expire in 2032.

NOTE 6 - RELATED PARTY TRANSACTIONS

Equity

On November 27, 2012 the Company issued 950,000 shares of its common stock to an officer at $0.001 per share for cash totalling $950.

On January 8, 2013 the Company issued 2,375,000 shares of its common stock to its two officers, who are also our directors, at $0.002 per share for cash totalling $4,750.

Other

The controlling shareholder has pledged his support to fund continuing operations during the development stage; however there is no written commitment to this effect.  The Company is dependent upon the continued support.

The officer and director of the Company may be involved in other business activities and may, in the future, become involved in other business opportunities that become available. He may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.

The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the founder of the Company to use at no charge.

The Company does not have employment contracts with its sole key employee, the controlling shareholder, who is the sole officer and director of the Company.

NOTE 7 - COMMITMENTS AND CONTINGENCIES

The Company has no commitments or contingencies as of August 31, 2013 and November 30, 2012.

From time to time the Company may become a party to litigation matters involving claims against the Company.  Management believes that it is adequately insured for its operations and there are no current matters that would have a material effect on the Company’s financial position or results of operations.

NOTE 8 - SUBSEQUENT EVENTS

Management has evaluated subsequent events through October 14, 2013, the date these financial statements were available to be issued.  Based on our evaluation no other events have occurred that require disclosure.

13

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Forward-Looking Statements

Except for historical information, this report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Such forward-looking statements involve risks and uncertainties, including, among other things, statements regarding our business strategy, future revenues and anticipated costs and expenses.  Such forward-looking statements include, among others, those statements including the words “expects,” “anticipates,” “intends,” “believes” and similar language.  Our actual results may differ significantly from those projected in the forward-looking statements.  Factors that might cause or contribute to such differences include, but are not limited to, those discussed herein as well as in the “Description of Business – Risk Factors” section in our Prospectus, Form 424(B)(2), as filed on July 15, 2013.  You should carefully review the risks described in our Prospectus and in other documents we file from time to time with the Securities and Exchange Commission.  You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report.  We undertake no obligation to publicly release any revisions to the forward-looking statements or reflect events or circumstances after the date of this document.

Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements.

All references in this Form 10-Q to the “Company,” “Global System Designs,” “we,” “us,” or “our” are to Global System Designs, Inc.

Plan of Operation

Global System Designs, Inc. was incorporated in the State of Nevada on November 27, 2012, and our fiscal year end is November 30.  The company's administrative address is, 24123 Peachland Blvd., C-4, #106, Port Charlotte, FL 33954. The telephone number is 941-613-9858.

We are a development stage company engaged in the development and marketing of educational and advisory services to help homeowners save energy, protect their indoor air quality, and avoid unnecessary impacts on the larger environment.  Global System Designs will serve homeowners’ needs by producing clear, technically sound information products focusing on selecting building materials and products, evaluating and hiring a contractor, and carrying out energy efficiency upgrades, repairs, and other construction and renovation projects. The company will offer consulting services in the areas of building plan evaluation, contract preparation, and research. Website users will be charged for downloading fact sheets, and consulting fees will be charged for building plan evaluations and other technical advice to clients.

During the 12 month period from the date of this report, Global System Designs will concentrate on finding the required investment capital, apply to get its common stock quoted on an Over-the-Counter Bulletin Board, finalize development of our website, prospect for clients, and market our services.

14

On April 8, 2013, we filed a registration statement on form S-1 (“Registration Statement”) to register 4,000,000 shares of our common stock (the “Offering”).  The Registration Statement was declared “effective” by the Securities and Exchange Commission on July 12, 2013 and was closed by the Company on September 10, 2013.  The company sold 1,775,000 shares under the Prospectus, raising a total of $35,500.  As we have completed our Offering, we will finalize construction of the website.  We will also develop a preliminary set of illustrated fact sheets (one to five pages in length) addressing those topics that, based on our experience, are most likely to be in demand by homeowners and owner-builders. As well as filling homeowners’ identified information needs, these initial fact sheets will serve as a marketing tool to attract users to the website and the consulting services. Initial response to the fact sheets and inquires received at the website will help us identify new topics and areas for developing future information products.  The website’s content will utilize SEO (Search Engine Optimization) to distribute our message on helping homeowners understand green construction concepts.  A budget will also be set aside for a targeted Google adwords and banner advertising campaign.  Introductory offers will also be incorporated intoour website, banner advertising, and direct mail marketing to improve response.

We anticipate the following milestones, for the next 12-months:

Timeframe	Description	Anticipated Cost
Months 1-12	Finalize (and maintenance of) website development	$	10,000
Months 1-6	Development of initial set of green-building fact sheets.	$	5,000
Months 5-6	Commence advertising and marketing to source prospective clients through grassroots networking, website promotion, advertising in key trade  magazines, as well as leveraging other industry-related websites.  Marketing will be focused on attracting homeowners, owner-builders and building supply retailers.	$	3,000
Months 9-12	Accelerate website marketing initiatives, Add new green-building fact sheets to website data base. Identify and retain green-building partners. Take on inaugural consulting contracts and/or projects.	$	7,000
Months 1-12	SEC reporting requirements. Estimated costs for Legal, Accounting, XBRL, EDGAR and other miscellaneous general and administrative expenses.		30,000
TOTAL		$	55,000

Although there are no written agreements in place, one form of alternative financing that may be available to us is self-financing through contributions from the officers and directors.  While the officers and directors have generally indicated a willingness to provide services and financial contributions if necessary, there are presently no agreements, arrangements, commitments, or specific understandings, either verbally or in writing, between the officers and directors and Global System Designs.

During the first year of operations, our officers and directors will also provide their labor at no charge.  We do not anticipate hiring any staff during the first 12 months of operation, and will rely on the services of an outside contractor for the development of our website.

15

Results of Operations

The Company has been devoting substantially all of its efforts on clearing its recent S-1 registration statement and closing its offering.  To date we have not developed our business and principal plan of operations and thus our expenses have been primarily for professional fees related to our registration statement.

We have generated no revenues since inception on November 27, 2012 and have a net loss of $17,552 through August 31, 2013.   Total expenses, since inception, were comprised of Professional Fees of $14,784 and general and administrative costs of $2,768.

Three months ending August 31, 2013

For the three months ended August 31, 2013, we incurred $143 in general and administrative expenses and $2,706 in professional fees, resulting in an operating and net loss of $2,849.

Nine months ending August 31, 2013

For the nine months ended August 31, 2013, we incurred $2,768 in general and administrative expenses and $13,834 in professional fees, resulting in an operating and net loss of $16,602.  The increase is attributable to registration and public company costs.

Liquidity and Capital Resources

As of August 31, 2013, our cash balance was $38,394 and we had current liabilities of $246.

Minimum total expenditures over the next 12 months are expected to be approximately $30,000.  Our current cash balance will not be sufficient to fund our planned operations for the next 12 months, of $55,000. Our officers have agreed to advance funds as needed. While they have agreed to advance the funds, the agreement is verbal and is unenforceable as a matter of law.

We have no known demands, commitments, events or uncertainties that could cause a material change to our liquidity.

We have no material commitments for capital expenditures as of August 31, 2013.

Going Concern

We are a development stage company and have not generated any revenues to date.  Our independent auditor has issued an audit opinion for the Company which includes a statement raising substantial doubt as to our ability to continue as a going concern.

Off-Balance Sheet Arrangements

As of August 31, 2013, we did not have any off-balance sheet arrangements as defined in Item 303(a)4) of Regulation S-K.

16

Critical Accounting Policies

We prepare our financial statements in conformity with GAAP, which requires management to make certain estimates and assumptions and apply judgments. We base our estimates and judgments on historical experience, current trends and other factors that management believes to be important at the time the financial statements are prepared and actual results could differ from our estimates and such differences could be material. On a regular basis, we review our accounting policies and how they are applied and disclosed in our financial statements.

While we believe that the historical experience, current trends and other factors considered support the preparation of our condensed financial statements in conformity with GAAP, actual results could differ from our estimates and such differences could be material.

Use Of Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a “smaller reporting company”, we are not required to provide the information required by this Item.

ITEM 4. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

As of August 31, 2013, management assessed the effectiveness of our internal control over financial reporting based on the criteria for effective internal control over financial reporting established in Internal Control--Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) and SEC guidance on conducting such assessments. Based on that evaluation, they concluded that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of US GAAP rules as more fully described below. This was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that may be considered to be material weaknesses.

The matters involving internal controls and procedures that our management considered to be material weaknesses under the standards of the Public Company Accounting Oversight Board were: (1) lack of a functioning audit committee, (2) lack of a majority of outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; (3) inadequate segregation of duties consistent with control objectives; and (4) management is dominated by a single individual without adequate compensating controls. The aforementioned material weaknesses were identified by our Chief Executive and Financial Officer in connection with the review of our financial statements as of August 31, 2013.

Management believes that the material weaknesses set forth above did not have an effect on our financial results. However, management believes that the lack of a functioning audit committee and the lack of a majority of outside directors on our board of directors results in ineffective oversight in the establishment and monitoring of required internal controls and procedures, which could result in a material misstatement in our financial statements in future periods.

17

Changes in Internal Controls

There have been no changes in our internal controls over financial reporting identified in connection with the evaluation required by paragraph (d) of Securities Exchange Act Rule 13a-15 or Rule 15d-15 that occurred in the three months ended August 31, 2013 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II – OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We know of no material, existing or pending legal proceedings against us, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our company.

ITEM 1A. RISK FACTORS

As a “smaller reporting company”, we are not required to provide the information required by this Item.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

We did not issue unregistered equity securities during the quarter ended August 31, 2013.

On April 8, 2013, we filed a registration statement on form S-1 (“Registration Statement”) to register 4,000,000 shares of our common stock (the “Offering”).  The Registration Statement was declared “effective” by the Securities and Exchange Commission on July 12, 2013 and was closed by the Company on September 10, 2013.  The company sold 1,775,000 common shares under the Prospectus, raising a total of $35,500.

No funds were or will be used for construction of plant, building and facilities, machinery and equipment, real estate, business acquisitions, repayment of indebtedness, or investments.  We will be using funds for our working capital needs and to develop our business as described in our Plan of Operations under Part 1 of this Form 10-Q.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable.

ITEM 5. OTHER INFORMATION

On July 15, 2013, the Company dismissed the registered independent public accountant, Drake Klein Messineo, CPAs, PA and engaged Messineo & Co, CPAs LLC as its new registered independent public accountant.  This change of auditors was reported on a Form 8-K, as filed on July 15, 2013.

18

ITEM 6. EXHIBITS

Exhibit Number	Description
31.1	Section 302 Certification under the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
32.1	Section 906 Certification under the Sarbanes-Oxley Act of 2002 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
101.INS*	XBRL Instance Document
101.SCH*	XBRL Taxonomy Extension Schema Document
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*	XBRL Taxonomy Extension Label Linkbase Document
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase Document

* Furnished herewith. Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of any registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, and otherwise are not subject to liability under those sections.

19

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	GLOBAL SYSTEM DESIGNS, INC.
Dated: October 14, 2013	/s/ Paul McDonald
	Paul McDonald
	Chief Executive Officer
	Chief Financial Officer

20

EX-31.1

EXHIBIT 31.1

CERTIFICATION PURSUANT TO

18 U.S.C. ss 1350, AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Paul McDonald, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Global System Designs, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weakness in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: October 14, 2013

/s/ Paul McDonald”

Paul McDonald

Chief Executive Officer

Chief Financial Officer

EX-32.1

EXHIBIT 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Global System Designs, Inc, a Nevada corporation (the “Company’), on Form 10-Q for the quarter ended August 31, 2013, as filed with the Securities and Exchange Commission (the “Report”), I, Paul McDonald, President, CEO and CFO of the Company, certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. Section 1350), that to my knowledge:

(1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of Global System Designs, Inc.

Dated:  October 14, 2013

/s/ Paul McDonald”

Paul McDonald

Chief Executive Officer

Chief Financial Officer

Global System Designs, Inc.

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Global System Designs, Inc. and will be retained by Global System Designs, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Aug. 31, 2013

Accounting Policies [Abstract]

Schedule of computation of basic earnings per share

	Three Months Ended August 31, 2013		Nine Months Ended August 31, 2013
Net loss	$	(2,849)	$	(16,602)
Weighted average common shares issued and
outstanding (Basic)		4,416,538		3,569,139
Net loss per share, Basic	$	(0.00)	$	(0.00)

XML

Condensed Statements of Operations (Unaudited) (USD $)	3 Months Ended	9 Months Ended
	Aug. 31, 2013	Aug. 31, 2013	Aug. 31, 2013
Income Statement [Abstract]
REVENUE
OPERATING EXPENSES
General and administrative	143	2,768	2,768
Professional fees	2,706	13,834	14,784
Total Operating Expenses	2,849	16,602	17,552
Net loss from operations	(2,849)	(16,602)	(17,552)
Other Income and Expense
Provision for income taxes
Net Loss	$ (2,849)	$ (16,602)	$ (17,552)
Basic loss per share (in dollars per share)	$ 0.00	$ 0.00
Weighted average number of shares outstanding (in shares)	4,416,538	3,569,139

XML

GOING CONCERN

9 Months Ended

Aug. 31, 2013

Going Concern [Abstract]

GOING CONCERN

NOTE 3 -  GOING CONCERN  

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business.  As of August 31, 2013, the Company has a net loss from operations of $16,602, an accumulated deficit of $17,552 and has earned no revenues since inception.  The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending November 30, 2013.

The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan.  In response to these problems, management intends to raise additional funds through public or private placement offerings.

These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern.  The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

XML

PROVISION FOR INCOME TAXES - Provision for income taxes (Details) (USD $)	0 Months Ended	9 Months Ended
	Nov. 30, 2012	Aug. 31, 2013
Income Tax Disclosure [Abstract]
Income tax expense at statutory rate	$ (323)	$ (5,645)
Valuation allowance	323	5,645
Income tax expense per books

XML

PROVISION FOR INCOME TAXES (Tables)

9 Months Ended

Aug. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of difference in amount of provision of income taxes

		August 31, 2013		November 30, 2012
Income tax expense at statutory rate	$	(5,645)	$	(323)
Valuation allowance		5,645		323
Income tax expense per books	$	-	$	-

Schedule of components of net deferred tax assets

		August 31, 2013		November 30, 2012
NOL Carryover	$	17,552	$	950
Valuation allowance		(17,552)		(950)
Net deferred tax asset	$	-	$	-

XML

RELATED PARTY TRANSACTIONS (Detail Textuals) (USD $)	9 Months Ended		0 Months Ended
	Aug. 31, 2013	Aug. 31, 2013 Common Stock	Jan. 08, 2013 Common Stock Directors and Officers Officer	Nov. 27, 2012 Common Stock Officer
Related Party Transaction [Line Items]
Common shares issued for cash (in shares)		5,825,000	2,375,000	950,000
Common shares issued for cash (in dollars per share)	$ 0.02		$ 0.002	$ 0.001
Common shares issued for cash	$ 50,000	$ 55,700	$ 4,750	$ 950
Number of officers who are also directors			2

XML

PROVISION FOR INCOME TAXES (Detail Textuals) (USD $)	0 Months Ended	9 Months Ended
	Nov. 30, 2012	Aug. 31, 2013
Income Tax Disclosure [Abstract]
Statutory federal income tax rate	34.00%	34.00%
Net operating loss carry forwards		$ 17,552

XML

PROVISION FOR INCOME TAXES - Components of net deferred tax assets (Details 1) (USD $)	Aug. 31, 2013	Nov. 30, 2012
Income Tax Disclosure [Abstract]
NOL Carryover	$ 17,552	$ 950
Valuation allowance	(17,552)	(950)
Net deferred tax asset

XML

Statements of Stockholders' Equity (Parentheticals) (USD $)	0 Months Ended	9 Months Ended
	Nov. 30, 2012	Aug. 31, 2013
Statement of Stockholders' Equity [Abstract]
Founder's share issued, price per share (in dollars per share)	$ 0.001	$ 0.001
Common shares issued for cash, price per share (in dollars per share)		$ 0.02

XML

ORGANIZATION AND DESCRIPTION OF BUSINESS

9 Months Ended

Aug. 31, 2013

Organization And Description Of Business [Abstract]

ORGANIZATION AND DESCRIPTION OF BUSINESS

NOTE 1 -  ORGANIZATION AND DESCRIPTION OF BUSINESS

Global System Designs, Inc. (the “Company”) is a Nevada corporation incorporated on November 27, 2012.  It is based in Port Charlotte, FL, USA.  The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Company’s fiscal year end is November 30.

The Company is a development stage company that intends to operate as an educational and consulting services business focused on green home construction and renovation projects.  The Company will produce clear technically sound information products focused on: selecting building materials and products, evaluating and hiring contractors, and carrying out energy efficiency upgrades, repairs, and other construction and renovation projects.  The Company will offer consulting services in the areas of building plan evaluation, contract preparation, and research.To date, the Company’s activities have been limited to its formation and the raising of equity capital.

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EQUITY

9 Months Ended

Aug. 31, 2013

Equity [Abstract]

EQUITY

NOTE 4 -   EQUITY

Preferred Stock

The Company has authorized 15,000,000 preferred shares with a par value of $0.0001 per share.  The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes.

There were no preferred shares issued and outstanding as of August 31, 2013 and November 30, 2012.

Common Shares

The Company has authorized 100,000,000 common shares with a par value of $0.0001 per share.  Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

Since inception (November 27, 2012) to August 31, 2013, the company has issued a total of 5,825,000 common shares for $55,700 cash, as follows:

·On November 27, 2012, the company issued to its founder 950,000 shares of common stock at $0.001 per share for $950.

·On January 8, 2013, the company issued to its founders 2,375,000 shares of common stock at $0.002 per share for $4,750.

·During March 2013, the Company issued to unaffiliated investors, 725,000 shares of common stock at $0.02 per share for $14,500.

·On August 13, 2013, the issued to unaffiliated investors, 1,775,000 shares of common stock at $0.02 per share for $35,500.

The Company has no stock option plan, warrants or other dilutive securities.

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Aug. 31, 2013

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2 -  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Development Stage Company

The Company is a development stage company as defined by section ASC 915, “Development Stage Entities.”  The Company is still devoting substantially all of its efforts on establishing the business and its planned principal operations have not commenced.  All losses accumulated since inception have been considered as part of the Company's development stage activities.

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States of America.  The accompanying interim unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information in accordance with Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the Company’s opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine month period ended August 31, 2013 are not necessarily indicative of the results for the full years. While management of the Company believes that the disclosures presented herein and adequate and not misleading, these interim financial statements should be read in conjunction with the audited combined financial statements and the footnotes thereto for the period ended November 30, 2012 filed in its Form S-1.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.

Financial Instruments

The Company follows ASC 820, “Fair Value Measurements and Disclosures”, which defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.  ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Share-based Expenses

ASC 718 “Compensation – Stock Compensation” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired.  Transactions include incurring liabilities, or issuing or offering to issue shares, options,  and other equity instruments such as employee stock ownership plans and stock appreciation rights.  Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). 

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “Equity – Based Payments to Non-Employees.” Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable:  (a) the goods or services received; or (b) the equity instruments issued.  The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.  

There were no share-based expenses for the period ended August 31, 2013.

Advertising Costs

The Company follows ASC 720, Advertising Costs, and  expenses costs as incurred. Advertising expense totaled $2,350 and $0 for the periods ending August 31, 2013 and November 30, 2012, respectively.

Related Parties

The Company follows ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions.  See Note 6.

Commitments and Contingencies

The Company follows ASC 450-20, “Loss Contingencies,” to report accounting for contingencies.  Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated.  There were no commitments or contingencies as of August 31, 2013 and November 30, 2012.

Recent Accounting Pronouncements

Management has considered all recent accounting pronouncements issued since the last audit of our financial statements. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements.

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Condensed Balance Sheets (Parentheticals) (USD $)	Aug. 31, 2013	Nov. 30, 2012
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	15,000,000	15,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	5,825,000	950,000
Common stock, shares outstanding	5,825,000	950,000

XML

COMMITMENTS AND CONTINGENCIES

9 Months Ended

Aug. 31, 2013

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 7 – COMMITMENTS AND CONTINGENCIES

The Company has no commitments or contingencies as of August 31, 2013 and November 30, 2012.

From time to time the Company may become a party to litigation matters involving claims against the Company.  Management believes that it is adequately insured for its operations and there are no current matters that would have a material effect on the Company’s financial position or results of operations.

XML

Statements of Stockholders' Equity (USD $)	Common Stock	Additional Paid in Capital	Deficit Accumulated During the Development Stage	Total
Balance at Nov. 27, 2012
Balance (in shares) at Nov. 27, 2012
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Founders' shares issued at $0.001 per share	95	855		950
Founders' shares issued at $0.001 per share (in shares)	950,000
Net loss			(950)	(950)
Balance at Nov. 30, 2012	95	855	(950)
Balance (in shares) at Nov. 30, 2012	950,000			950,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Founders' shares issued at $0.001 per share	238	4,512		4,750
Founders' shares issued at $0.001 per share (in shares)	2,375,000
Common shares issued for cash at $0.02 per share	250	49,750		50,000
Common shares issued for cash at $0.02 per share (in shares)	2,500,000
Net loss			(16,602)	(16,602)
Balance at Aug. 31, 2013	$ 583	$ 55,117	$ (17,552)	$ 38,148
Balance (in shares) at Aug. 31, 2013	5,825,000			5,825,000

XML

Condensed Balance Sheets (USD $)	Aug. 31, 2013	Nov. 30, 2012
Current Assets
Cash and cash equivalents	$ 38,394
Total current assets	38,394
TOTAL ASSETS	38,394
Current Liabilities
Accounts Payable	246
Total current liabilities	246
TOTAL LIABILITIES	246
COMMITMENTS AND CONTINGENCIES (NOTE 7)
STOCKHOLDERS' EQUITY
Preferred stock, 15,000,000 shares authorized; par value $0.0001, none issued and outstanding
Common stock, 100,000,000 shares authorized; par value $0.0001, 5,825,000 and 950,000 shares issued and outstanding, respectively	583	95
Additional paid-in capital	55,117	855
Deficit accumulated during the development state	(17,552)	(950)
Total Stockholders' Equity	38,148
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 38,394

XML

EQUITY (Detail Textuals 1) (USD $)	9 Months Ended		0 Months Ended			1 Months Ended
	Aug. 31, 2013	Aug. 31, 2013 Common Stock	Jan. 08, 2013 Common Stock Founder	Nov. 27, 2012 Common Stock Founder	Aug. 13, 2013 Common Stock Unaffiliated investors	Mar. 31, 2013 Common Stock Unaffiliated investors
Stockholders Equity Note [Line Items]
Common shares issued for cash (in shares)		5,825,000	2,375,000	950,000	1,775,000	725,000
Common shares issued for cash, price per share (in dollars per share)	$ 0.02		$ 0.002	$ 0.001	$ 0.02	$ 0.02
Common shares issued for cash	$ 50,000	$ 55,700	$ 4,750	$ 950	$ 35,500	$ 14,500

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RELATED PARTY TRANSACTIONS

9 Months Ended

Aug. 31, 2013

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 6 - RELATED PARTY TRANSACTIONS

Equity

On November 27, 2012 the Company issued 950,000 shares of its common stock to an officer at $0.001 per share for cash totalling $950.

On January 8, 2013 the Company issued 2,375,000 shares of its common stock to its two officers, who are also our directors, at $0.002 per share for cash totalling $4,750.

Other

The controlling shareholder has pledged his support to fund continuing operations during the development stage; however there is no written commitment to this effect.  The Company is dependent upon the continued support.

The officer and director of the Company may be involved in other business activities and may, in the future, become involved in other business opportunities that become available. He may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts. 

The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the founder of the Company to use at no charge.

The Company does not have employment contracts with its sole key employee, the controlling shareholder, who is the sole officer and director of the Company.

XML

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

9 Months Ended

Aug. 31, 2013

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States of America.  The accompanying interim unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information in accordance with Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the Company’s opinion, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine month period ended August 31, 2013 are not necessarily indicative of the results for the full years. While management of the Company believes that the disclosures presented herein and adequate and not misleading, these interim financial statements should be read in conjunction with the audited combined financial statements and the footnotes thereto for the period ended November 30, 2012 filed in its Form S-1.

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.

Cash and Cash Equivalents

Cash and Cash Equivalents

Cash and cash equivalents include cash in banks, money market funds, and certificates of term deposits with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value.  The Company had $38,394 and $0 in cash and cash equivalents as of August 31, 2013 and November 30, 2012, respectively.

Net Loss per Share of Common Stock

Net Loss per Share of Common Stock

The Company has adopted ASC Topic 260, “Earnings per Share,” (“EPS”) which requires presentation of basic EPS on the face of the income statement for all entities with complex capital structures and requires a reconciliation of the numerator and denominator of the basic EPS computation.  In the accompanying financial statements, basic earnings (loss) per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period.

The following table sets forth the computation of basic earnings per share, for the three and nine month periods ended August 31, 2013:

	Three Months Ended August 31, 2013		Nine Months Ended August 31, 2013
Net loss	$	(2,849)	$	(16,602)
Weighted average common shares issued and
outstanding (Basic)		4,416,538		3,569,139
Net loss per share, Basic	$	(0.00)	$	(0.00)

The Company has no potentially dilutive securities, such as options or warrants, currently issued and outstanding.

Concentrations of Credit Risk

Concentrations of Credit Risk

The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables it will likely incur in the near future.  The Company places its cash and cash equivalents with financial institutions of high credit worthiness.  At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits.  The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.

Financial Instruments

Financial Instruments

The Company follows ASC 820, “Fair Value Measurements and Disclosures”, which defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.  ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Share-based Expenses

Share-based Expenses

ASC 718 “Compensation – Stock Compensation” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired.  Transactions include incurring liabilities, or issuing or offering to issue shares, options,  and other equity instruments such as employee stock ownership plans and stock appreciation rights.  Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values. That expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). 

The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, “Equity – Based Payments to Non-Employees.” Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable:  (a) the goods or services received; or (b) the equity instruments issued.  The fair value of the share-based payment transaction is determined at the earlier of performance commitment date or performance completion date.  

There were no share-based expenses for the period ended August 31, 2013.

Advertising Costs

Advertising Costs

The Company follows ASC 720, Advertising Costs, and expenses costs as incurred. Advertising expense totaled $2,350 and $0 for the periods ending August 31, 2013 and November 30, 2012, respectively.

Related Parties

Related Parties

The Company follows ASC 850, Related Party Disclosures, for the identification of related parties and disclosure of related party transactions.  See Note 6.

Commitments and Contingencies

Commitments and Contingencies

The Company follows ASC 450-20, “Loss Contingencies,” to report accounting for contingencies.  Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated.  There were no commitments or contingencies as of August 31, 2013 and November 30, 2012.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

Management has considered all recent accounting pronouncements issued since the last audit of our financial statements. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements.

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PROVISION FOR INCOME TAXES

9 Months Ended

Aug. 31, 2013

Income Tax Disclosure [Abstract]

PROVISION FOR INCOME TAXES

NOTE 5 -  PROVISION FOR INCOME TAXES

The Company provides for income taxes under ASC 740, “Income Taxes.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax basis of assets and liabilities and the tax rates in effect when these differences are expected to reverse. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations. 

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 34% to the net loss before provision for income taxes for the following reasons:

		August 31, 2013		November 30, 2012
Income tax expense at statutory rate	$	(5,645)	$	(323)
Valuation allowance		5,645		323
Income tax expense per books	$	-	$	-

Net deferred tax assets consist of the following components as of:

		August 31, 2013		November 30, 2012
NOL Carryover	$	17,552	$	950
Valuation allowance		(17,552)		(950)
Net deferred tax asset	$	-	$	-

Due to the change in ownership provisions of the Income Tax laws of United States of America, net operating loss carry forwards of approximately $17,552 for federal income tax reporting purposes are subject to annual limitations. When a change in ownership occurs, net operating loss carry forwards may be limited as to use in future years.  Net operating loss carry forwards begin to expire in 2032.

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Condensed Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Aug. 31, 2013	Aug. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (16,602)	$ (17,552)
Changes in operating activities:
Accounts payable and accrued liabilities	246	246
Net cash used in operating activities	(16,356)	(17,306)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash used in Investing Activities
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock	54,750	55,700
Net Cash Provided by Financing Activities	54,750	55,700
Net decrease in cash and cash equivalents	38,394	38,394
Cash and cash equivalents, beginning of period
Cash and cash equivalents, end of period	38,394	38,394
Supplemental Cash Flow Disclosure:
Cash paid for interest
Cash paid for income taxes

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- Computation of basic earnings per share (Details) (USD $)	0 Months Ended	3 Months Ended	9 Months Ended
	Nov. 30, 2012	Aug. 31, 2013	Aug. 31, 2013	Aug. 31, 2013
Accounting Policies [Abstract]
Net loss	$ (950)	$ (2,849)	$ (16,602)	$ (17,552)
Weighted average common shares issued and outstanding (Basic) (in shares)		4,416,538	3,569,139
Net loss per share, Basic (in dollars per share)		$ 0.00	$ 0.00

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SUBSEQUENT EVENTS

9 Months Ended

Aug. 31, 2013

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 8 -  SUBSEQUENT EVENTS

Management has evaluated subsequent events through October 14, 2013, the date these financial statements were available to be issued.  Based on our evaluation no other events have occurred that require disclosure.

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EQUITY (Detail Textuals) (USD $)	Aug. 31, 2013 Vote	Nov. 30, 2012
Equity [Abstract]
Preferred stock, shares authorized	15,000,000	15,000,000
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Number of vote entitled to each common shareholders entitled	1

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) (USD $)	0 Months Ended	9 Months Ended
	Nov. 30, 2012	Aug. 31, 2013
Accounting Policies [Abstract]
Cash and cash equivalents		$ 38,394
Advertising expense	$ 0	$ 2,350

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Document and Entity Information	9 Months Ended
	Aug. 31, 2013	Oct. 03, 2013
Document And Entity Information [Abstract]
Entity Registrant Name	Global System Designs, Inc.
Entity Central Index Key	0001566610
Trading Symbol	gsds
Current Fiscal Year End Date	--11-30
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		5,825,000
Document Type	10-Q
Document Period End Date	Aug. 31, 2013
Amendment Flag	false
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q3

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GOING CONCERN (Detail Textuals) (USD $)	3 Months Ended	9 Months Ended
	Aug. 31, 2013	Aug. 31, 2013	Aug. 31, 2013	Nov. 30, 2012
Going Concern [Abstract]
Net loss from operations	$ (2,849)	$ (16,602)	$ (17,552)
Accumulated deficit	$ 17,552	$ 17,552	$ 17,552	$ 950