3 false false false false false false false false false false true false false false false false false No description of principal activity 2022-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 60,776 3,339 64,115 57,383 1,683 59,066 5,049 3,393 xbrli:pure xbrli:shares iso4217:GBP 03097166 2022-12-01 2023-11-30 03097166 2023-11-30 03097166 2022-11-30 03097166 2021-12-01 2022-11-30 03097166 2022-11-30 03097166 2021-11-30 03097166 core:MotorVehicles 2022-12-01 2023-11-30 03097166 bus:Director1 2022-12-01 2023-11-30 03097166 core:WithinOneYear 2023-11-30 03097166 core:WithinOneYear 2022-11-30 03097166 core:ShareCapital 2023-11-30 03097166 core:ShareCapital 2022-11-30 03097166 core:RetainedEarningsAccumulatedLosses 2023-11-30 03097166 core:RetainedEarningsAccumulatedLosses 2022-11-30 03097166 bus:Director1 2023-11-30 03097166 bus:SmallEntities 2022-12-01 2023-11-30 03097166 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 03097166 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 03097166 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 03097166 bus:FullAccounts 2022-12-01 2023-11-30 03097166 core:OfficeEquipment 2022-12-01 2023-11-30 03097166 core:OfficeEquipment 2022-11-30 03097166 core:OfficeEquipment 2023-11-30
COMPANY REGISTRATION NUMBER: 03097166
G P D Communications Limited
Filleted Unaudited Financial Statements
30 November 2023
G P D Communications Limited
Statement of Financial Position
30 November 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
5
5,049
3,393
Current assets
Stocks
1,000
Debtors
6
10,946
58,275
Cash at bank and in hand
28,094
5,432
--------
--------
39,040
64,707
Creditors: amounts falling due within one year
7
13,878
34,836
--------
--------
Net current assets
25,162
29,871
--------
--------
Total assets less current liabilities
30,211
33,264
--------
--------
Net assets
30,211
33,264
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
30,111
33,164
--------
--------
Shareholders funds
30,211
33,264
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 30 August 2024 , and are signed on behalf of the board by:
Mr G Ashdown
Director
Company registration number: 03097166
G P D Communications Limited
Notes to the Financial Statements
Year ended 30 November 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Minton Place, Victoria Road, Bicester, Oxfordshire, OX26 6QB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor Vehicles
-
25% reducing balance
Office Equipment
-
25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2022: 4 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 December 2022
60,776
60,776
Additions
3,339
3,339
--------
--------
At 30 November 2023
64,115
64,115
--------
--------
Depreciation
At 1 December 2022
57,383
57,383
Charge for the year
1,683
1,683
--------
--------
At 30 November 2023
59,066
59,066
--------
--------
Carrying amount
At 30 November 2023
5,049
5,049
--------
--------
At 30 November 2022
3,393
3,393
--------
--------
6. Debtors
2023
2022
£
£
Trade debtors
5,065
26,100
Other debtors
5,881
32,175
--------
--------
10,946
58,275
--------
--------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
453
Trade creditors
40
287
Corporation tax
6,533
Social security and other taxes
10,445
18,575
Other creditors
2,940
9,441
--------
--------
13,878
34,836
--------
--------
8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr G Ashdown
5,213
5,213
----
-------
-------
2022
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr G Ashdown
----
----
----