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REGISTERED NUMBER: 04462999 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

G.P.L. MOBILE AUTOS LIMITED

G.P.L. MOBILE AUTOS LIMITED (REGISTERED NUMBER: 04462999)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


G.P.L. MOBILE AUTOS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: G P Lagomarsino





SECRETARY: Mrs J L Wilson





REGISTERED OFFICE: Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG





REGISTERED NUMBER: 04462999 (England and Wales)





ACCOUNTANTS: Shiner Mitchell Fisher & Co Ltd
Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG

G.P.L. MOBILE AUTOS LIMITED (REGISTERED NUMBER: 04462999)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 10,500 12,000
Tangible assets 5 6,844 8,797
17,344 20,797

CURRENT ASSETS
Stocks 675 325
Debtors 6 12,977 10,145
13,652 10,470
CREDITORS
Amounts falling due within one year 7 13,541 14,035
NET CURRENT ASSETS/(LIABILITIES) 111 (3,565 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,455

17,232

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,355 17,132
17,455 17,232

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 15 April 2025 and were signed by:





G P Lagomarsino - Director


G.P.L. MOBILE AUTOS LIMITED (REGISTERED NUMBER: 04462999)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

G.p.l. Mobile Autos 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

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

G.P.L. MOBILE AUTOS LIMITED (REGISTERED NUMBER: 04462999)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 15,000
AMORTISATION
At 1 August 2023 3,000
Charge for year 1,500
At 31 July 2024 4,500
NET BOOK VALUE
At 31 July 2024 10,500
At 31 July 2023 12,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 49,942
DEPRECIATION
At 1 August 2023 41,145
Charge for year 1,953
At 31 July 2024 43,098
NET BOOK VALUE
At 31 July 2024 6,844
At 31 July 2023 8,797

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 10,936 8,202
Other debtors 2,041 1,943
12,977 10,145

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 2,121 4,768
Trade creditors 3,705 5,090
Taxation and social security 6,867 2,953
Other creditors 848 1,224
13,541 14,035

G.P.L. MOBILE AUTOS LIMITED (REGISTERED NUMBER: 04462999)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £12,850 (2023 - £11,000) were paid to the director .

During the year the director made an unsecured interest free loan to the company. The balance owing to the director at 31st July 2024 was £8 (2023 - £424).

9. ULTIMATE CONTROLLING PARTY

The controlling party is G P Lagomarsino.