2022-11-012023-10-312023-10-31false05457473GYPSUM LIMITED2024-03-1443310iso4217:GBPxbrli:pure054574732022-11-01054574732023-10-31054574732022-11-012023-10-31054574732021-11-01054574732022-10-31054574732021-11-012022-10-3105457473bus:SmallEntities2022-11-012023-10-3105457473bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3105457473bus:FullAccounts2022-11-012023-10-3105457473bus:PrivateLimitedCompanyLtd2022-11-012023-10-3105457473core:WithinOneYear2023-10-3105457473core:AfterOneYear2023-10-3105457473core:WithinOneYear2022-10-3105457473core:AfterOneYear2022-10-3105457473core:ShareCapital2023-10-3105457473core:SharePremium2023-10-3105457473core:RevaluationReserve2023-10-3105457473core:OtherReservesSubtotal2023-10-3105457473core:RetainedEarningsAccumulatedLosses2023-10-3105457473core:ShareCapital2022-10-3105457473core:SharePremium2022-10-3105457473core:RevaluationReserve2022-10-3105457473core:OtherReservesSubtotal2022-10-3105457473core:RetainedEarningsAccumulatedLosses2022-10-3105457473core:LandBuildings2023-10-3105457473core:PlantMachinery2023-10-3105457473core:Vehicles2023-10-3105457473core:FurnitureFittings2023-10-3105457473core:OfficeEquipment2023-10-3105457473core:NetGoodwill2023-10-3105457473core:IntangibleAssetsOtherThanGoodwill2023-10-3105457473core:ListedExchangeTraded2023-10-3105457473core:UnlistedNon-exchangeTraded2023-10-3105457473core:LandBuildings2022-10-3105457473core:PlantMachinery2022-10-3105457473core:Vehicles2022-10-3105457473core:FurnitureFittings2022-10-3105457473core:OfficeEquipment2022-10-3105457473core:NetGoodwill2022-10-3105457473core:IntangibleAssetsOtherThanGoodwill2022-10-3105457473core:ListedExchangeTraded2022-10-3105457473core:UnlistedNon-exchangeTraded2022-10-3105457473core:LandBuildings2022-11-012023-10-3105457473core:PlantMachinery2022-11-012023-10-3105457473core:Vehicles2022-11-012023-10-3105457473core:FurnitureFittings2022-11-012023-10-3105457473core:OfficeEquipment2022-11-012023-10-3105457473core:NetGoodwill2022-11-012023-10-3105457473core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3105457473core:ListedExchangeTraded2022-11-012023-10-3105457473core:UnlistedNon-exchangeTraded2022-11-012023-10-3105457473core:MoreThanFiveYears2022-11-012023-10-3105457473core:Non-currentFinancialInstruments2023-10-3105457473core:Non-currentFinancialInstruments2022-10-3105457473dpl:CostSales2022-11-012023-10-3105457473dpl:DistributionCosts2022-11-012023-10-3105457473core:LandBuildings2022-11-012023-10-3105457473core:PlantMachinery2022-11-012023-10-3105457473core:Vehicles2022-11-012023-10-3105457473core:FurnitureFittings2022-11-012023-10-3105457473core:OfficeEquipment2022-11-012023-10-3105457473dpl:AdministrativeExpenses2022-11-012023-10-3105457473core:NetGoodwill2022-11-012023-10-3105457473core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3105457473dpl:GroupUndertakings2022-11-012023-10-3105457473dpl:ParticipatingInterests2022-11-012023-10-3105457473dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3105457473core:ListedExchangeTraded2022-11-012023-10-3105457473dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3105457473core:UnlistedNon-exchangeTraded2022-11-012023-10-3105457473dpl:CostSales2021-11-012022-10-3105457473dpl:DistributionCosts2021-11-012022-10-3105457473core:LandBuildings2021-11-012022-10-3105457473core:PlantMachinery2021-11-012022-10-3105457473core:Vehicles2021-11-012022-10-3105457473core:FurnitureFittings2021-11-012022-10-3105457473core:OfficeEquipment2021-11-012022-10-3105457473dpl:AdministrativeExpenses2021-11-012022-10-3105457473core:NetGoodwill2021-11-012022-10-3105457473core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3105457473dpl:GroupUndertakings2021-11-012022-10-3105457473dpl:ParticipatingInterests2021-11-012022-10-3105457473dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3105457473core:ListedExchangeTraded2021-11-012022-10-3105457473dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3105457473core:UnlistedNon-exchangeTraded2021-11-012022-10-3105457473core:NetGoodwill2023-10-3105457473core:IntangibleAssetsOtherThanGoodwill2023-10-3105457473core:LandBuildings2023-10-3105457473core:PlantMachinery2023-10-3105457473core:Vehicles2023-10-3105457473core:FurnitureFittings2023-10-3105457473core:OfficeEquipment2023-10-3105457473core:AfterOneYear2023-10-3105457473core:WithinOneYear2023-10-3105457473core:ListedExchangeTraded2023-10-3105457473core:UnlistedNon-exchangeTraded2023-10-3105457473core:ShareCapital2023-10-3105457473core:SharePremium2023-10-3105457473core:RevaluationReserve2023-10-3105457473core:OtherReservesSubtotal2023-10-3105457473core:RetainedEarningsAccumulatedLosses2023-10-3105457473core:NetGoodwill2022-10-3105457473core:IntangibleAssetsOtherThanGoodwill2022-10-3105457473core:LandBuildings2022-10-3105457473core:PlantMachinery2022-10-3105457473core:Vehicles2022-10-3105457473core:FurnitureFittings2022-10-3105457473core:OfficeEquipment2022-10-3105457473core:AfterOneYear2022-10-3105457473core:WithinOneYear2022-10-3105457473core:ListedExchangeTraded2022-10-3105457473core:UnlistedNon-exchangeTraded2022-10-3105457473core:ShareCapital2022-10-3105457473core:SharePremium2022-10-3105457473core:RevaluationReserve2022-10-3105457473core:OtherReservesSubtotal2022-10-3105457473core:RetainedEarningsAccumulatedLosses2022-10-3105457473core:NetGoodwill2021-11-0105457473core:IntangibleAssetsOtherThanGoodwill2021-11-0105457473core:LandBuildings2021-11-0105457473core:PlantMachinery2021-11-0105457473core:Vehicles2021-11-0105457473core:FurnitureFittings2021-11-0105457473core:OfficeEquipment2021-11-0105457473core:AfterOneYear2021-11-0105457473core:WithinOneYear2021-11-0105457473core:ListedExchangeTraded2021-11-0105457473core:UnlistedNon-exchangeTraded2021-11-0105457473core:ShareCapital2021-11-0105457473core:SharePremium2021-11-0105457473core:RevaluationReserve2021-11-0105457473core:OtherReservesSubtotal2021-11-0105457473core:RetainedEarningsAccumulatedLosses2021-11-0105457473core:AfterOneYear2022-11-012023-10-3105457473core:WithinOneYear2022-11-012023-10-3105457473core:Non-currentFinancialInstrumentscore:CostValuation2022-11-012023-10-3105457473core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-11-012023-10-3105457473core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-11-012023-10-3105457473core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-11-012023-10-3105457473core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-11-012023-10-3105457473core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-11-012023-10-3105457473core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-11-012023-10-3105457473core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-11-012023-10-3105457473core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-11-012023-10-3105457473core:Non-currentFinancialInstrumentscore:CostValuation2023-10-3105457473core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-3105457473core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-3105457473core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-3105457473core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-3105457473core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-3105457473core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-3105457473core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-3105457473core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-3105457473core:Non-currentFinancialInstrumentscore:CostValuation2022-10-3105457473core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-10-3105457473core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-10-3105457473core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-10-3105457473core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-10-3105457473core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-10-3105457473core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-10-3105457473core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-10-3105457473core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-10-3105457473bus:Director12022-11-012023-10-3105457473bus:Director22022-11-012023-10-3105457473bus:Director32022-11-012023-10-31

GYPSUM LIMITED

Registered Number
05457473
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

GYPSUM LIMITED
Company Information
for the year from 1 November 2022 to 31 October 2023

Directors

EVANS, James Anthony
EVANS, Katherine Anne
KIMBER, Paul Stephen

Company Secretary

EVANS, Katherine Anne

Registered Address

21b Picton House
Hussar Court
Waterlooville
PO7 7SQ

Registered Number

05457473 (England and Wales)
GYPSUM LIMITED
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets4135,703140,027
135,703140,027
Current assets
Stocks5199,095194,218
Debtors294,981326,798
Cash at bank and on hand1,087,557991,298
1,581,6331,512,314
Creditors amounts falling due within one year6(551,089)(639,975)
Net current assets (liabilities)1,030,544872,339
Total assets less current liabilities1,166,2471,012,366
Creditors amounts falling due after one year7(298)(3,874)
Provisions for liabilities9(9,435)(7,982)
Net assets1,156,5141,000,510
Capital and reserves
Called up share capital1313
Other reserves9090
Profit and loss account1,156,4111,000,407
Shareholders' funds1,156,5141,000,510
The financial statements were approved and authorised for issue by the Board of Directors on 14 March 2024, and are signed on its behalf by:
EVANS, Katherine Anne
Director
Registered Company No. 05457473
GYPSUM LIMITED
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Amortisation is calculated so as to write off the cost of an Intangible asset, less its estimated residual value, over the useful life of that asset.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-125
Fixtures and fittings25-
Vehicles25-
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year910
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 November 22620,000620,000
At 31 October 23620,000620,000
Amortisation and impairment
At 01 November 22620,000620,000
At 31 October 23620,000620,000
Net book value
At 31 October 23--
At 31 October 22--
4.Tangible fixed assets

Land & buildings

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 November 22110,00083,16449,726242,890
Additions--12,16112,161
Disposals-(15,800)-(15,800)
At 31 October 23110,00067,36461,887239,251
Depreciation and impairment
At 01 November 228,80054,09139,972102,863
Charge for year8806,3165,48012,676
On disposals-(11,991)-(11,991)
At 31 October 239,68048,41645,452103,548
Net book value
At 31 October 23100,32018,94816,435135,703
At 31 October 22101,20029,0739,754140,027
5.Stocks

2023

2022

££
Work in progress199,095194,218
Total199,095194,218
6.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables229,538340,619
Taxation and social security145,82887,089
Finance lease and HP contracts3,5763,576
Other creditors165,397195,691
Accrued liabilities and deferred income6,75013,000
Total551,089639,975
7.Creditors: amounts due after one year

2023

2022

££
Other creditors2983,874
Total2983,874
8.Obligations under finance leases

2023

2022

££
Finance lease and HP contracts2983,874
9.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)9,4357,982
Total9,4357,982