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REGISTERED NUMBER: 09245754 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Gplocum2u Limited

Gplocum2u Limited (Registered number: 09245754)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gplocum2u Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Dr V Balakrishnan





REGISTERED OFFICE: c/o Haines Watts Chester
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS





REGISTERED NUMBER: 09245754 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Gplocum2u Limited (Registered number: 09245754)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 94,742 47,872

CURRENT ASSETS
Debtors 5 27,349 18,487
Cash at bank 3,489 1,961
30,838 20,448
CREDITORS
Amounts falling due within one year 6 17,707 11,810
NET CURRENT ASSETS 13,131 8,638
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,873

56,510

CREDITORS
Amounts falling due after more than one
year

7

(72,336

)

(36,100

)

PROVISIONS FOR LIABILITIES (18,002 ) (9,096 )
NET ASSETS 17,535 11,314

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 17,533 11,312
SHAREHOLDERS' FUNDS 17,535 11,314

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Gplocum2u Limited (Registered number: 09245754)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 November 2023 and were signed by:





Dr V Balakrishnan - Director


Gplocum2u Limited (Registered number: 09245754)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Gplocum2u 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling, which is functional currency of the company, rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding rebates, discounts, value added tax and other sales taxes. Turnover from the rendering of services is recognised by the stage of completion of the contract.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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 year was 1 (2022 - 2 ) .

Gplocum2u Limited (Registered number: 09245754)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 492 73,649 303 74,444
Additions - 63,590 - 63,590
At 31 March 2023 492 137,239 303 138,034
DEPRECIATION
At 1 April 2022 492 25,777 303 26,572
Charge for year - 16,720 - 16,720
At 31 March 2023 492 42,497 303 43,292
NET BOOK VALUE
At 31 March 2023 - 94,742 - 94,742
At 31 March 2022 - 47,872 - 47,872

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 20,917 3,000
Other debtors 6,432 15,487
27,349 18,487

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security - 7,498
Other creditors 17,707 4,312
17,707 11,810

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other creditors 72,336 36,100

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Hire purchase loans 89,083 39,373

Gplocum2u Limited (Registered number: 09245754)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

9. RELATED PARTY DISCLOSURES

During the period the director loaned to the company a total of £512 and was repaid a total of £1,082. As at 31 March 2023the director is owed £36 in respect of an interest free loan, which is repayable on demand.

During the period a shareholder loaned the company £312. As at 31 March 2023 the shareholder is owed £636 by the company in respect of an interest free loan, which is repayable on demand.