Company Registration No. 10893063 (England and Wales)
GPS Investments & Holdings Ltd
Unaudited accounts
for the year ended 30 June 2023
GPS Investments & Holdings Ltd
Unaudited accounts
Contents
GPS Investments & Holdings Ltd
Company Information
for the year ended 30 June 2023
Company Number
10893063 (England and Wales)
Registered Office
86-90 PAUL STREET
LONDON
EC2A 4NE
ENGLAND
Accountants
Arth Limited
655 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
GPS Investments & Holdings Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
466,466
466,466
Cash at bank and in hand
99,700
136,587
Creditors: amounts falling due within one year
(480,598)
(496,295)
Net current liabilities
(359,205)
(278,665)
Net assets
107,261
187,801
Called up share capital
100
100
Profit and loss account
107,161
187,701
Shareholders' funds
107,261
187,801
For the year ending 30 June 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 1 March 2024 and were signed on its behalf by
George Sullivan
Director
Company Registration No. 10893063
GPS Investments & Holdings Ltd
Notes to the Accounts
for the year ended 30 June 2023
GPS Investments & Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 10893063. The registered office is 86-90 PAUL STREET, LONDON, EC2A 4NE, ENGLAND.
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 remained unchanged from the previous year, and also 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:
The financial statements have been prepared on the basis that the company is a going concern.
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Tangible fixed assets
Land & buildings
Amounts falling due within one year
Accrued income and prepayments
1,243
-
Other debtors
20,450
81,043
GPS Investments & Holdings Ltd
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
344,240
344,240
Taxes and social security
-
34,770
Other creditors
128,710
110,545
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Average number of employees
During the year the average number of employees was 0 (2022: 0).