GPC TIMBER TRADING COMPANY LTD

Company Registration Number:
12423836 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

GPC TIMBER TRADING COMPANY LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

GPC TIMBER TRADING COMPANY LTD

Company Information

for the Period Ended 31 March 2024




Registered office: Estate Road 1
South Humberside Industrial Estate
Grimsby
England
DN31 2TB
Company Registration Number: 12423836 (England and Wales)

GPC TIMBER TRADING COMPANY LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 68,148 67,156
Total fixed assets: 68,148 67,156
Current assets
Stocks: 199,384 162,500
Debtors: 244,408 207,147
Cash at bank and in hand: 29,521 108,010
Total current assets: 473,313 477,657
Prepayments and accrued income: 0 2
Creditors: amounts falling due within one year: ( 87,415 ) ( 72,295 )
Net current assets (liabilities): 385,898 405,364
Total assets less current liabilities: 454,046 472,520
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 454,046 472,520

The notes form part of these financial statements

GPC TIMBER TRADING COMPANY LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 6 20,862 20,862
Profit and loss account: 433,084 451,558
Shareholders funds: 454,046 472,520

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 February 2025
And Signed On Behalf Of The Board By:

Name: Jack Kirwin
Status: Director

The notes form part of these financial statements

GPC TIMBER TRADING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GPC TIMBER TRADING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 16 18

GPC TIMBER TRADING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

GPC TIMBER TRADING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 April 2023 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 March 2024 0
    Amortisation
    Amortisation at 01 April 2023 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 March 2024 0
    Net book value
    Net book value at 31 March 2024 0
    Net book value at 31 March 2023 0

GPC TIMBER TRADING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible Assets

Total
Cost £
At 01 April 2023 67,156
Additions 992
Disposals -
Revaluations -
Transfers -
At 31 March 2024 68,148
Depreciation
At 01 April 2023 -
Charge for year -
On disposals (0)
Other adjustments 0
At 31 March 2024 0
Net book value
At 31 March 2024 68,148
At 31 March 2023 67,156

GPC TIMBER TRADING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Revaluation reserve


2024
£
Balance at 01 April 2023 20,862
Surplus or deficit after revaluation 0
Balance at 31 March 2024 20,862