9 December 2022 false No description of principal activity Taxfiler 2024.1 14532061business:PrivateLimitedCompanyLtd2022-12-092023-11-30 145320612022-12-08 145320612022-12-092023-11-30 14532061business:AuditExempt-NoAccountantsReport2022-12-092023-11-30 14532061business:FilletedAccounts2022-12-092023-11-30 145320612023-11-30 14532061core:WithinOneYear2023-11-30 14532061core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 14532061core:PreviouslyStatedAmount2023-11-30 14532061business:SmallEntities2022-12-092023-11-30 14532061business:Director12022-12-092023-11-30 14532061countries:EnglandWales2022-12-092023-11-30 14532061business:RegisteredOffice2022-12-092023-11-30 14532061core:PlantMachinery2022-12-092023-11-30 14532061core:MotorVehicles2022-12-092023-11-30 14532061core:ComputerEquipment2022-12-092023-11-30 14532061core:PlantMachinery2022-12-08 14532061core:MotorVehicles2022-12-08 14532061core:ComputerEquipment2022-12-08 14532061core:PlantMachinery2023-11-30 14532061core:MotorVehicles2023-11-30 14532061core:ComputerEquipment2023-11-30 iso4217:GBP xbrli:pure
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
2023 
Notes
£ 
Fixed assets
Tangible assets
34,654 
Current assets
Inventories
600 
Debtors
10,487 
Cash at bank and in hand
3,620 
14,707 
Creditors: amounts falling due within one year
(41,539)
Net current liabilities
(26,832)
Net assets
7,822 
Capital and reserves
Profit and loss account
7,822 
Shareholders' funds
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
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GLP Electrical & Engineering Services Ltd Notes to the Accounts for the period from 9 December 2022 to 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
Charge for the period
750 
6,915 
300 
7,965 
At 30 November 2023
750 
6,915 
300 
7,965 
Net book value
At 30 November 2023
2,250 
31,506 
898 
34,654 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
10,487 
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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 
VAT
1,988 
Trade creditors
27,132 
Taxes and social security
4,878 
Loans from directors
2,300 
Accruals
592 
41,539 
7
Average number of employees
During the period the average number of employees was 1.
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