Company Registration No. 14532061 (England and Wales)
GLP Electrical & Engineering Services Ltd
Unaudited accounts
for the period from 9 December 2022 to 30 November 2023
GLP Electrical & Engineering Services Ltd
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
3,620
Creditors: amounts falling due within one year
(41,539)
Net current liabilities
(26,832)
Profit and loss account
7,822
For the period ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 April 2024 and were signed on its behalf by
George Painton
Director
Company Registration No. 14532061
GLP Electrical & Engineering Services Ltd
Notes to the Accounts
for the period from 9 December 2022 to 30 November 2023
GLP Electrical & Engineering Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14532061. The registered office is 50 White Horse Lane, Boston, Lincs, PE21 8SZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
18% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 9 December 2022
-
-
-
-
Additions
3,000
38,421
1,198
42,619
At 30 November 2023
3,000
38,421
1,198
42,619
Charge for the period
750
6,915
300
7,965
At 30 November 2023
750
6,915
300
7,965
At 30 November 2023
2,250
31,506
898
34,654
Amounts falling due within one year
GLP Electrical & Engineering Services Ltd
Notes to the Accounts
for the period from 9 December 2022 to 30 November 2023
6
Creditors: amounts falling due within one year
2023
Bank loans and overdrafts
4,649
Taxes and social security
4,878
Loans from directors
2,300
7
Average number of employees
During the period the average number of employees was 1.