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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
Page
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G P E LTD Company Information for the year ended 31 July 2024
Director
Mr. Naeem Sheth
Company Number
11474442 (England and Wales)
Registered Office
SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENTRE 300 PRINCESS ROAD MANCHESTER England M14 7HR UNITED KINGDOM
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G P E LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,694 
3,084 
Current assets
Debtors
33,325 
56,931 
Cash at bank and in hand
17,218 
(9,949)
50,543 
46,982 
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 
Capital and reserves
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
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G P E LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
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:
Plant & machinery
25% SLM
Motor vehicles
18% RBM
Computer equipment
33.33% SLM
Turnover
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.
Pension 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.
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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 
Depreciation
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 
Net book value
At 31 July 2024
626 
18,372 
696 
19,694 
At 31 July 2023
3,084 
- 
- 
3,084 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,398 
56,931 
Other debtors
4,927 
- 
33,325 
56,931 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,983 
6,024 
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 
Accruals
600 
600 
91,978 
48,280 
7
Controlling party
The director controls the company.
8
Average number of employees
During the year the average number of employees was 3 (2023: 4).
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