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UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

28 FEBRUARY 2017 TO 28 FEBRUARY 2018

FOR

GPG IT LIMITED

GPG IT LIMITED (REGISTERED NUMBER: 10643866)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Period 28 February 2017 to 28 February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GPG IT LIMITED

COMPANY INFORMATION
For The Period 28 February 2017 to 28 February 2018







DIRECTOR: Mr G P Galton





REGISTERED OFFICE: 6th Floor
Dean Park House
Dean Park Crescent
Bournemouth
Dorset
BH1 1HP





REGISTERED NUMBER: 10643866 (England and Wales)






GPG IT LIMITED (REGISTERED NUMBER: 10643866)

BALANCE SHEET
28 February 2018

Notes £    £   
FIXED ASSETS
Tangible assets 4 567

CURRENT ASSETS
Debtors 5 2,000
Cash at bank 20,604
22,604
CREDITORS
Amounts falling due within one year 6 19,299
NET CURRENT ASSETS 3,305
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,872

PROVISIONS FOR LIABILITIES 108
NET ASSETS 3,764

CAPITAL AND RESERVES
Called up share capital 7 100
Retained earnings 3,664
SHAREHOLDERS' FUNDS 3,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 13 November 2018 and were signed by:





Mr G P Galton - Director


GPG IT LIMITED (REGISTERED NUMBER: 10643866)

NOTES TO THE FINANCIAL STATEMENTS
For The Period 28 February 2017 to 28 February 2018

1. STATUTORY INFORMATION

GPG IT 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.
Computer equipment - Straight line over 3 years

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 850
At 28 February 2018 850
DEPRECIATION
Charge for period 283
At 28 February 2018 283
NET BOOK VALUE
At 28 February 2018 567

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 2,000

GPG IT LIMITED (REGISTERED NUMBER: 10643866)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 28 February 2017 to 28 February 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 16,324
Other creditors 2,975
19,299

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.