10798181falseGRP and fibreglass boat polishing and restoration2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-05-31http://www.companieshouse.gov.uk/cd:Director12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-06-012023-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-05-31http://www.companieshouse.gov.uk/2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/cd:FRS1022022-06-012023-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-06-012023-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-06-012023-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10798181

Trevor Wakeman G.R.P. Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2023

Prepared By:
Peter Simpson FCCA MAAT
5 Juniper Close
Pennington
Lymington
Hampshire
SO41 8AZ

Trevor Wakeman G.R.P. Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2023
DIRECTORS
Trevor John Wakeman
SECRETARY
Gale Wakeman
REGISTERED OFFICE
11 Blackthorn Close
Pennington
Lymington
Hampshire
SO41 8AY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10798181
ACCOUNTANTS
Peter Simpson FCCA MAAT
5 Juniper Close
Pennington
Lymington
Hampshire
SO41 8AZ

Trevor Wakeman G.R.P. Limited

ACCOUNTS
FOR THEYEARENDED31 MAY 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Trevor Wakeman G.R.P. Limited

BALANCE SHEET AT 31 May 2023
20232022
Notes££
FIXED ASSETS
Tangible assets38,6449,942
CURRENT ASSETS
Stock1,4422,778
Debtors57873,365
Cash at bank and in hand17,89116,860
20,12023,003
CREDITORS: Amounts falling due within one year68,8752,938
NET CURRENT ASSETS11,24520,065
TOTAL ASSETS LESS CURRENT LIABILITIES19,88930,007
CAPITAL AND RESERVES
Called up share capital7200200
Profit and loss account19,68929,807
SHAREHOLDERS' FUNDS19,88930,007
For the year ending 31 May 2023 the company was entitled to exemption 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 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 9 October 2023 and signed on their behalf by
.............................
Trevor John Wakeman
Director

Trevor Wakeman G.R.P. Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
Commercial Vehicles 25%
Equipment 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20232022
No.No.
Average number of employees22

Trevor Wakeman G.R.P. Limited

3. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsEquipmentTotal
£££££
Cost
At 1 June 20228,5287,6742,8803,16822,250
Additions---624624
At 31 May 20238,5287,6742,8803,79222,874
Depreciation
At 1 June 20225,4405,650-1,21812,308
For the year772506-6441,922
At 31 May 20236,2126,156-1,86214,230
Net Book Amounts
At 31 May 20232,3161,5182,8801,9308,644
At 31 May 20223,0882,0242,8801,9509,942
4. STOCK 20232022
££
Stock comprises:
Stock1,4422,778
1,4422,778
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors1602,791
Prepayments627574
7873,365
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax769
Directors current account1,005819
Accruals7,8632,050
8,8752,938

Trevor Wakeman G.R.P. Limited

7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
200 Ordinary shares of £1 each200200
200200