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Company Registration No. 10528733 (England and Wales)
GT Prospect LTD Unaudited accounts for the year ended 31 December 2023
GT Prospect LTD Unaudited accounts Contents
Page
- 2 -
GT Prospect LTD Company Information for the year ended 31 December 2023
Director
Gzik Miroslaw
Company Number
10528733 (England and Wales)
- 3 -
GT Prospect LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,061,733 
11,891 
Current assets
Inventories
509,550 
175,381 
Debtors
45,066 
11,865 
Cash at bank and in hand
84,245 
33,027 
638,861 
220,273 
Creditors: amounts falling due within one year
(2,282,157)
(268,578)
Net current liabilities
(1,643,296)
(48,305)
Total assets less current liabilities
(581,563)
(36,414)
Creditors: amounts falling due after more than one year
(4,413)
- 
Net liabilities
(585,976)
(36,414)
Capital and reserves
Called up share capital
18,137 
18,137 
Profit and loss account
(604,113)
(54,551)
Shareholders' funds
(585,976)
(36,414)
For the year ending 31 December 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 19 September 2024 and were signed on its behalf by
Gzik Miroslaw Director Company Registration No. 10528733
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GT Prospect LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
GT Prospect LTD is a private company, limited by shares, registered in England and Wales, registration number 10528733.
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 remained unchanged from the previous year, and also 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:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
- 
5,000 
11,995 
3,743 
5,718 
26,456 
Additions
1,061,525 
33,971 
- 
13,186 
4,591 
1,113,273 
At 31 December 2023
1,061,525 
38,971 
11,995 
16,929 
10,309 
1,139,729 
Depreciation
At 1 January 2023
- 
5,000 
2,999 
2,276 
4,290 
14,565 
Charge for the year
45,132 
8,493 
2,999 
4,231 
2,576 
63,431 
At 31 December 2023
45,132 
13,493 
5,998 
6,507 
6,866 
77,996 
Net book value
At 31 December 2023
1,016,393 
25,478 
5,997 
10,422 
3,443 
1,061,733 
At 31 December 2022
- 
- 
8,996 
1,467 
1,428 
11,891 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,973 
11,865 
Other debtors
9,343 
- 
19,316 
11,865 
Amounts falling due after more than one year
Accrued income and prepayments
25,750 
- 
- 5 -
GT Prospect LTD Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
53,701 
27,594 
Trade creditors
1,152,399 
231,392 
Taxes and social security
12,462 
3,705 
Other creditors
1,063,595 
523 
Loans from directors
- 
5,364 
2,282,157 
268,578 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
52 
- 
Loans from directors
4,361 
- 
4,413 
- 
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
- 6 -