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REGISTERED NUMBER: 09512515 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

GPB INVESTMENTS LIMITED

GPB INVESTMENTS LIMITED (REGISTERED NUMBER: 09512515)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GPB INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: N Buckley





REGISTERED OFFICE: Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH





REGISTERED NUMBER: 09512515 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

GPB INVESTMENTS LIMITED (REGISTERED NUMBER: 09512515)

BALANCE SHEET
30 JUNE 2024

30/6/24 30/6/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,581,809 1,373,496
Investments 5 325,617 424,513
1,907,426 1,798,009

CURRENT ASSETS
Debtors 6 11,210 11,210
Cash at bank 58,077 206,538
69,287 217,748
CREDITORS
Amounts falling due within one year 7 12,841 11,607
NET CURRENT ASSETS 56,446 206,141
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,963,872

2,004,150

CREDITORS
Amounts falling due after more than one
year

8

1,927,621

1,953,715
NET ASSETS 36,251 50,435

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 36,151 50,335
36,251 50,435

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GPB INVESTMENTS LIMITED (REGISTERED NUMBER: 09512515)

BALANCE SHEET - continued
30 JUNE 2024


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 director and authorised for issue on 29 November 2024 and were signed by:





N Buckley - Director


GPB INVESTMENTS LIMITED (REGISTERED NUMBER: 09512515)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

GPB Investments 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.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment in value.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings- not provided

No depreciation is provided in respect of the Land and Buildings which are held as investments. This treatment may be a departure from the requirements of the Companies Act regarding depreciation of fixed assets, but the director considers this accounting policy is necessary for the accounts to give a true and fair view, as the Land and Buildings are held for investment not consumption.

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.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and therefore the going concern basis of accounting has been adopted.

GPB INVESTMENTS LIMITED (REGISTERED NUMBER: 09512515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 July 2023 1,373,496
Additions 208,313
At 30 June 2024 1,581,809
NET BOOK VALUE
At 30 June 2024 1,581,809
At 30 June 2023 1,373,496

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023 424,513
Disposals (98,896 )
At 30 June 2024 325,617
NET BOOK VALUE
At 30 June 2024 325,617
At 30 June 2023 424,513

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Other debtors 11,210 11,210

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Tax 1,387 4,229
Accrued expenses 11,454 7,378
12,841 11,607

GPB INVESTMENTS LIMITED (REGISTERED NUMBER: 09512515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/6/24 30/6/23
£    £   
Other creditors 1,927,621 1,822,274
Directors' loan accounts - 131,441
1,927,621 1,953,715

9. RELATED PARTY DISCLOSURES

Longton Hutton and Penwortham Funeral Service Limited is a related party due to common control. During the year a management charge of £3,600 was invoiced from Longton Hutton and Penwortham Funeral Service Limited. The balance of £1,927,621 (2023 - £1,822,274) remained outstanding at the year end and is included in other creditors due after more than one year. No interest is charged on outstanding balances, by agreement.

Longton, Hutton and Penwortham Funeral Service Limited occupies trading premises owned by GPB Investments Limited and paid rent of £7,000 (2023 - £7,000).

Penwortham Limousines Limited is a related party due to common control. Penwortham Limousines has made no repayments in the year to GPB Investments Limited with the balance outstanding at the year end of £11,210 (2023 - £11,210) included in other debtors. No interest is charged by agreement.