0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 338,016 338,016 338,016 xbrli:pure xbrli:shares iso4217:GBP 09976327 2023-07-01 2024-06-30 09976327 2024-06-30 09976327 2023-06-30 09976327 2022-07-01 2023-06-30 09976327 2023-06-30 09976327 2022-06-30 09976327 bus:OrdinaryShareClass2 2023-07-01 2024-06-30 09976327 bus:OrdinaryShareClass3 2023-07-01 2024-06-30 09976327 bus:OrdinaryShareClass4 2023-07-01 2024-06-30 09976327 bus:Director3 2023-07-01 2024-06-30 09976327 core:WithinOneYear 2024-06-30 09976327 core:WithinOneYear 2023-06-30 09976327 core:ShareCapital 2024-06-30 09976327 core:ShareCapital 2023-06-30 09976327 core:SharePremium 2024-06-30 09976327 core:SharePremium 2023-06-30 09976327 core:RetainedEarningsAccumulatedLosses 2024-06-30 09976327 core:RetainedEarningsAccumulatedLosses 2023-06-30 09976327 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 09976327 core:Non-currentFinancialInstruments 2024-06-30 09976327 core:Non-currentFinancialInstruments 2023-06-30 09976327 bus:SmallEntities 2023-07-01 2024-06-30 09976327 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09976327 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09976327 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09976327 bus:FullAccounts 2023-07-01 2024-06-30 09976327 bus:AllOrdinaryShares 2024-06-30 09976327 bus:AllOrdinaryShares 2023-06-30 09976327 bus:OrdinaryShareClass2 2024-06-30 09976327 bus:OrdinaryShareClass2 2023-06-30 09976327 bus:OrdinaryShareClass3 2024-06-30 09976327 bus:OrdinaryShareClass3 2023-06-30 09976327 bus:OrdinaryShareClass4 2024-06-30 09976327 bus:OrdinaryShareClass4 2023-06-30
COMPANY REGISTRATION NUMBER: 09976327
GPG Group Limited
Filleted Unaudited Financial Statements
30 June 2024
GPG Group Limited
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
£
£
Fixed assets
Investments
5
338,016
338,016
Current assets
Cash at bank and in hand
100
100
Creditors: amounts falling due within one year
6
144,268
144,268
---------
---------
Net current liabilities
144,168
144,168
---------
---------
Total assets less current liabilities
193,848
193,848
---------
---------
Capital and reserves
Called up share capital
7
150
150
Share premium account
176,450
176,450
Profit and loss account
17,248
17,248
---------
---------
Shareholders funds
193,848
193,848
---------
---------
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 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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 10 March 2025 , and are signed on behalf of the board by:
Mr G C Gennings
Director
Company registration number: 09976327
GPG Group Limited
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bowler House, Harvey Road, Basildon, Essex, SS13 1DD, United Kingdom.
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.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Average number of employees
The average number of employees during the period amounted to 3 (2023 - 3) which consisted of the directors only.
5. Investments
Shares in group undertakings
£
Cost
At 1 July 2023 and 30 June 2024
338,016
---------
Impairment
At 1 July 2023 and 30 June 2024
---------
Carrying amount
At 30 June 2024
338,016
---------
At 30 June 2023
338,016
---------
The company owns 100% of the share capital of Bespoke Logistics Limited a company registered in England and Wales.
6. Creditors: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings
143,876
140,897
Director loan accounts
392
3,371
---------
---------
144,268
144,268
---------
---------
7. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary A shares of £ 1 each
110
110
110
110
Ordinary B shares of £ 1 each
10
10
10
10
Ordinary C shares of £ 1 each
30
30
30
30
----
----
----
----
150
150
150
150
----
----
----
----
8. Related party transactions
At the year end the company owed its directors £392 (2023 - £3,371) which is shown amongst creditors.