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REGISTERED NUMBER: 05092139 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GPMD LIMITED

GPMD LIMITED (REGISTERED NUMBER: 05092139)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


GPMD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr M Slocock
Mr T Laczko
Ms R Qureshi





SECRETARY: Mr M Slocock





REGISTERED OFFICE: Eagle House
163 City Road
London
EC1V 1NR





REGISTERED NUMBER: 05092139 (England and Wales)





ACCOUNTANTS: Newton Magnus
Chartered Certified Accountants
Arrowsmith Court
Station Approach
Broadstone
Dorset
BH18 8AT

GPMD LIMITED (REGISTERED NUMBER: 05092139)

ABRIDGED BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 447,044 450,044
Tangible assets 5 7,356 9,434
454,400 459,478

CURRENT ASSETS
Debtors 104,703 213,695
Cash at bank 6,026 63,158
110,729 276,853
CREDITORS
Amounts falling due within one year (218,847 ) (194,334 )
NET CURRENT (LIABILITIES)/ASSETS (108,118 ) 82,519
TOTAL ASSETS LESS CURRENT
LIABILITIES

346,282

541,997

CREDITORS
Amounts falling due after more than
one year

(18,126

)

(88,777

)

PROVISIONS FOR LIABILITIES (1,398 ) (1,792 )
NET ASSETS 326,758 451,428

GPMD LIMITED (REGISTERED NUMBER: 05092139)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2024

2024 2023
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 84,212 84,212
Share premium 20,994 20,994
Retained earnings 221,552 346,222
SHAREHOLDERS' FUNDS 326,758 451,428

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





Mr M Slocock - Director


GPMD LIMITED (REGISTERED NUMBER: 05092139)

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

1. STATUTORY INFORMATION

GPMD 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 represents the value of goods and services supplied during the year, excluding value added tax.

Goodwill
Goodwill, being the amounts paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years and five years respectively.

Intangible assets
Development expenditure in relation to APIO project is capitalised up to the date of project commencement. It will be amortised upon the completion of this. 2022 costs of £37,616 have been adjusted in P&L (2021 - £149,582).

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance
Computer equipment - 50% on reducing balance

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.


GPMD LIMITED (REGISTERED NUMBER: 05092139)

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

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Debtors are shown after making provision for all debts which the directors feel are likely to prove irrecoverable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 606,277
AMORTISATION
At 1 January 2024 156,233
Amortisation for year 3,000
At 31 December 2024 159,233
NET BOOK VALUE

At 31 December 2024 447,044
At 31 December 2023 450,044

GPMD LIMITED (REGISTERED NUMBER: 05092139)

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

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 81,456
Additions 4,855
At 31 December 2024 86,311
DEPRECIATION
At 1 January 2024 72,022
Charge for year 6,933
At 31 December 2024 78,955
NET BOOK VALUE
At 31 December 2024 7,356
At 31 December 2023 9,434