GPZ Holding Limited 13649579 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Is that of an investment company Digita Accounts Production Advanced 6.30.9574.0 true 13649579 2023-10-01 2024-09-30 13649579 2024-09-30 13649579 bus:OrdinaryShareClass1 2024-09-30 13649579 core:CurrentFinancialInstruments 2024-09-30 13649579 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 13649579 core:Non-currentFinancialInstruments 2024-09-30 13649579 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 13649579 bus:SmallEntities 2023-10-01 2024-09-30 13649579 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 13649579 bus:FilletedAccounts 2023-10-01 2024-09-30 13649579 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 13649579 bus:RegisteredOffice 2023-10-01 2024-09-30 13649579 bus:Director1 2023-10-01 2024-09-30 13649579 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 13649579 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 13649579 bus:Agent1 2023-10-01 2024-09-30 13649579 countries:England 2023-10-01 2024-09-30 13649579 2023-09-30 13649579 2022-10-01 2023-09-30 13649579 2023-09-30 13649579 bus:OrdinaryShareClass1 2023-09-30 13649579 core:CurrentFinancialInstruments 2023-09-30 13649579 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 13649579 core:Non-currentFinancialInstruments 2023-09-30 13649579 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13649579

GPZ Holding Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

GPZ Holding Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

GPZ Holding Limited

Company Information

Director

Dr Denise O'Hanlon

Registered office

251 Cleveland Street
Birkenhead
CH41 3QF

Accountants

Phil Owen and Co Limited
Chartered Accountant22 Pall Mall
Liverpool
Merseyside
L3 6AL

 

GPZ Holding Limited

(Registration number: 13649579)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

460,000

460,000

Current assets

 

Debtors

5

2,760

2,760

Cash at bank and in hand

 

3,028

1,470

 

5,788

4,230

Creditors: Amounts falling due within one year

6

(23,101)

(59,964)

Net current liabilities

 

(17,313)

(55,734)

Total assets less current liabilities

 

442,687

404,266

Creditors: Amounts falling due after more than one year

6

(252,468)

(215,000)

Net assets

 

190,219

189,266

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

190,119

189,166

Shareholders' funds

 

190,219

189,266

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 May 2025
 

.........................................
Dr Denise O'Hanlon
Director

 

GPZ Holding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
251 Cleveland Street
Birkenhead
CH41 3QF

These financial statements were authorised for issue by the director on 31 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

GPZ Holding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Investment properties

2024
£

At 1 October

460,000

At 30 September

460,000

 

GPZ Holding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

The property valuation has been based on a valuation obtained by a bank for mortgage purposes.

5

Debtors

Current

2024
£

2023
£

Other debtors

2,760

2,760

 

2,760

2,760

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

720

-

Other creditors

22,381

59,964

23,101

59,964

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

252,468

215,000

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £252,468 (2023 - £215,000).

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       
 

GPZ Holding Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

252,468

215,000