GMP INDUSTRIAL LIMITED

Company Registration Number:
NI049453 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

GMP INDUSTRIAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

GMP INDUSTRIAL LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Called up share capital not paid: 100 100
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 500,107 451,584
Investments:   0 0
Total fixed assets: 500,107 451,584
Current assets
Stocks: 3,175 3,325
Debtors:   328,749 325,057
Cash at bank and in hand: 418,298 334,531
Investments:   0 0
Total current assets: 750,222 662,913
Creditors: amounts falling due within one year:   (418,005) (456,035)
Net current assets (liabilities): 332,217 206,878
Total assets less current liabilities: 832,424 658,562
Creditors: amounts falling due after more than one year:   (56,683) (72,588)
Provision for liabilities: 0 0
Total net assets (liabilities): 775,741 585,974
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 775,641 585,874
Shareholders funds: 775,741 585,974

The notes form part of these financial statements

GMP INDUSTRIAL LIMITED

Balance sheet statements

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 March 2024
and signed on behalf of the board by:

Name: Mark McCann
Status: Director

The notes form part of these financial statements

GMP INDUSTRIAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised as the fair value of the consideration received for goods and services provided in the normal course of business and is reflected net of VAT and other sales related taxes.

Tangible fixed assets and depreciation policy

Depreciation is recognised to write off the cost of fixed assets less their estimated residual values over their anticipated useful lives on the following bases:Land and buildings - NilPlant and equipment - 10% reducing balanceFixtures and fittings - 10% reducing balanceMotor vehicles - 10% reducing balance

Other accounting policies

Stocks are stated at the lower of cost and net realisable value.

GMP INDUSTRIAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 10 8

GMP INDUSTRIAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 696,784
Additions 71,084
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2023 767,868
Depreciation
At 01 April 2022 245,200
Charge for year 22,561
On disposals 0
Other adjustments 0
At 31 March 2023 267,761
Net book value
At 31 March 2023 500,107
At 31 March 2022 451,584