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REGISTERED NUMBER: 12312976 (England and Wales)










Financial Statements

for the Year Ended 30 November 2023

for

Gacp Limited

Gacp Limited (Registered number: 12312976)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gacp Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: G Park
A E Cantu-Torres





REGISTERED OFFICE: Dragons Wharf
Dragons Lane
Moston
Sandbach
Cheshire
CW11 3PA





REGISTERED NUMBER: 12312976 (England and Wales)





ACCOUNTANTS: John Greenall & Co Limited
20 Crewe Road
Sandbach
Cheshire
CW11 4NE

Gacp Limited (Registered number: 12312976)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,000 3,000
Tangible assets 5 25,711 26,824
28,711 29,824

CURRENT ASSETS
Stocks 525 550
Debtors 6 11,053 7,889
Investments 7 50,000 -
Cash at bank 130,828 143,589
192,406 152,028
CREDITORS
Amounts falling due within one year 8 75,143 59,315
NET CURRENT ASSETS 117,263 92,713
TOTAL ASSETS LESS CURRENT
LIABILITIES

145,974

122,537

PROVISIONS FOR LIABILITIES 5,914 5,097
NET ASSETS 140,060 117,440

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 139,960 117,340
140,060 117,440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Gacp Limited (Registered number: 12312976)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2024 and were signed on its behalf by:





A E Cantu-Torres - Director


Gacp Limited (Registered number: 12312976)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Gacp Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Gacp Limited (Registered number: 12312976)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 3,000
NET BOOK VALUE
At 30 November 2023 3,000
At 30 November 2022 3,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2022 32,249 4,121 36,370
Additions 5,698 - 5,698
At 30 November 2023 37,947 4,121 42,068
DEPRECIATION
At 1 December 2022 7,721 1,825 9,546
Charge for year 6,046 765 6,811
At 30 November 2023 13,767 2,590 16,357
NET BOOK VALUE
At 30 November 2023 24,180 1,531 25,711
At 30 November 2022 24,528 2,296 26,824

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 11,053 7,173
Other debtors - 716
11,053 7,889

Gacp Limited (Registered number: 12312976)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. CURRENT ASSET INVESTMENTS
30.11.23 30.11.22
£    £   
Listed investments 50,000 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 11,458 22,775
Taxation and social security 27,392 28,859
Other creditors 36,293 7,681
75,143 59,315