Company Registration No. 11474442 (England and Wales)
G P E LTD
Unaudited accounts
for the year ended 31 July 2024
G P E LTD
Unaudited accounts
Contents
G P E LTD
Company Information
for the year ended 31 July 2024
Company Number
11474442 (England and Wales)
Registered Office
SUITE 2 PARKWAY 5
PARKWAY BUSINESS CENTRE
300 PRINCESS ROAD
MANCHESTER
England
M14 7HR
UNITED KINGDOM
G P E LTD
Statement of financial position
as at 31 July 2024
Tangible assets
19,694
3,084
Cash at bank and in hand
17,218
(9,949)
Creditors: amounts falling due within one year
(91,978)
(48,280)
Net current liabilities
(41,435)
(1,298)
Net (liabilities)/assets
(21,741)
1,786
Called up share capital
100
100
Profit and loss account
(21,841)
1,686
Shareholders' funds
(21,741)
1,786
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 14 October 2024 and were signed on its behalf by
Mr. Naeem Sheth
Director
Company Registration No. 11474442
G P E LTD
Notes to the Accounts
for the year ended 31 July 2024
G P E LTD is a private company, limited by shares, registered in England and Wales, registration number 11474442. The registered office is SUITE 2 PARKWAY 5, PARKWAY BUSINESS CENTRE, 300 PRINCESS ROAD, MANCHESTER, England, M14 7HR, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
33.33% SLM
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
G P E LTD
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
9,833
-
-
9,833
Additions
-
20,900
835
21,735
At 31 July 2024
9,833
20,900
835
31,568
At 1 August 2023
6,749
-
-
6,749
Charge for the year
2,458
2,528
139
5,125
At 31 July 2024
9,207
2,528
139
11,874
At 31 July 2024
626
18,372
696
19,694
At 31 July 2023
3,084
-
-
3,084
Amounts falling due within one year
Trade debtors
28,398
56,931
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
12,257
21,745
Taxes and social security
6,867
4,857
Other creditors
28,568
7,150
Loans from directors
37,703
7,904
The director controls the company.
8
Average number of employees
During the year the average number of employees was 3 (2023: 4).