IRIS Accounts Production v23.3.0.418 11803660 director 1.3.22 28.2.23 28.2.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118036602022-02-28118036602023-02-28118036602022-03-012023-02-28118036602021-02-28118036602021-03-012022-02-28118036602022-02-2811803660ns10:Originalns15:EnglandWales2022-03-012023-02-2811803660ns14:PoundSterlingns10:Original2022-03-012023-02-2811803660ns10:Originalns10:Director12022-03-012023-02-2811803660ns10:Original2022-03-012023-02-2811803660ns10:Original2023-02-2811803660ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2811803660ns10:Originalns10:SmallEntities2022-03-012023-02-2811803660ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2811803660ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2811803660ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2811803660ns10:Originalns10:FullAccounts2022-03-012023-02-2811803660ns10:Original2021-03-012022-02-2811803660ns10:Originalns10:OrdinaryShareClass12022-03-012023-02-2811803660ns10:Originalns10:RegisteredOffice2022-03-012023-02-2811803660ns10:Original2022-02-2811803660ns10:Originalns5:CurrentFinancialInstruments2023-02-2811803660ns10:Originalns5:CurrentFinancialInstruments2022-02-2811803660ns10:Originalns5:Non-currentFinancialInstruments2023-02-2811803660ns10:Originalns5:Non-currentFinancialInstruments2022-02-2811803660ns5:ShareCapitalns10:Original2023-02-2811803660ns5:ShareCapitalns10:Original2022-02-2811803660ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2811803660ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2811803660ns10:Originalns5:PlantMachinery2022-03-012023-02-2811803660ns10:Originalns5:PlantMachinery2022-02-2811803660ns10:Originalns5:PlantMachinery2023-02-2811803660ns10:Originalns5:PlantMachinery2022-02-2811803660ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2811803660ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2811803660ns10:Originalns10:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: 11803660 (England and Wales)


Financial Statements for the Year Ended 28 February 2023

for

GWP Distribution Ltd

GWP Distribution Ltd (Registered number: 11803660)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GWP Distribution Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr Pardeep Singh Sooch





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 11803660 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

GWP Distribution Ltd (Registered number: 11803660)

Statement of Financial Position
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 143 213

CURRENT ASSETS
Inventories 95,625 74,845
Debtors 5 3,700 5,591
Cash at bank and in hand 12,437 15,369
111,762 95,805
CREDITORS
Amounts falling due within one year 6 174,964 154,172
NET CURRENT LIABILITIES (63,202 ) (58,367 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(63,059

)

(58,154

)

CREDITORS
Amounts falling due after more than one
year

7

40,278

48,302
NET LIABILITIES (103,337 ) (106,456 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (103,437 ) (106,556 )
SHAREHOLDERS' FUNDS (103,337 ) (106,456 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

GWP Distribution Ltd (Registered number: 11803660)

Statement of Financial Position - continued
28 February 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 November 2023 and were signed by:





Mr Pardeep Singh Sooch - Director


GWP Distribution Ltd (Registered number: 11803660)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

GWP Distribution Ltd 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.

Turnover
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2022
and 28 February 2023 707
DEPRECIATION
At 1 March 2022 494
Charge for year 70
At 28 February 2023 564
NET BOOK VALUE
At 28 February 2023 143
At 28 February 2022 213

GWP Distribution Ltd (Registered number: 11803660)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors - 3,800
Other debtors 3,700 1,791
3,700 5,591

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 1,490 6,854
Taxation and social security 6,339 -
Other creditors 167,135 147,318
174,964 154,172

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 40,278 48,302

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100