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Company Registration No. 11998420 (England and Wales)
GKP Limited Unaudited accounts for the year ended 31 May 2024
GKP Limited Unaudited accounts Contents
Page
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GKP Limited Company Information for the year ended 31 May 2024
Directors
Tani Kaur Assi Jasbir Assi
Company Number
11998420 (England and Wales)
Registered Office
32 CHESTNUT RISE BARROW-UPON-HUMBER SOUTH HUMBERSIDE DN19 7SG UNITED KINGDOM
Accountants
A-1 Accountants Ltd 32 Chestnut Rise Barrow-upon-Humber DN19 7SG
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GKP Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
348,813 
98,813 
Current assets
Cash at bank and in hand
1,957 
2,665 
Creditors: amounts falling due within one year
(410)
(849)
Net current assets
1,547 
1,816 
Total assets less current liabilities
350,360 
100,629 
Creditors: amounts falling due after more than one year
(345,285)
(97,300)
Net assets
5,075 
3,329 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
5,073 
3,327 
Shareholders' funds
5,075 
3,329 
For the year ending 31 May 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by
Tani Kaur Assi Director Company Registration No. 11998420
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GKP Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
GKP Limited is a private company, limited by shares, registered in England and Wales, registration number 11998420. The registered office is 32 CHESTNUT RISE, BARROW-UPON-HUMBER, SOUTH HUMBERSIDE, DN19 7SG, UNITED KINGDOM.
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:
Land & buildings
Nil depreciation
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 June 2023
98,813 
Additions
250,000 
At 31 May 2024
348,813 
Depreciation
At 31 May 2024
- 
Net book value
At 31 May 2024
348,813 
At 31 May 2023
98,813 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
410 
560 
Accruals
- 
289 
410 
849 
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GKP Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
65,209 
67,300 
Obligations under finance leases and hire purchase contracts
175,452 
- 
Other creditors
12,000 
- 
Loans from directors
92,624 
30,000 
345,285 
97,300 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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