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REGISTERED NUMBER: 09457262 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

GPAD LONDON LTD

GPAD LONDON LTD (REGISTERED NUMBER: 09457262)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GPAD LONDON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: C N Bettes





REGISTERED OFFICE: 2nd Floor
10-18 Vestry Street
London
N1 7RE





REGISTERED NUMBER: 09457262 (England and Wales)





ACCOUNTANTS: IGD Accounting Services Limited
29a High Street
West Wickham
Kent
BR4 0LP

GPAD LONDON LTD (REGISTERED NUMBER: 09457262)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 69,327 74,551

CURRENT ASSETS
Debtors 5 983,432 391,896
Cash at bank 39,230 303,164
1,022,662 695,060
CREDITORS
Amounts falling due within one year 6 375,087 199,907
NET CURRENT ASSETS 647,575 495,153
TOTAL ASSETS LESS CURRENT
LIABILITIES

716,902

569,704

CREDITORS
Amounts falling due after more than
one year

7

-

(746

)

PROVISIONS FOR LIABILITIES (13,230 ) (13,230 )
NET ASSETS 703,672 555,728

CAPITAL AND RESERVES
Called up share capital 500 500
Capital redemption reserve 500 500
Retained earnings 702,672 554,728
SHAREHOLDERS' FUNDS 703,672 555,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

GPAD LONDON LTD (REGISTERED NUMBER: 09457262)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 June 2025 and were signed by:





C N Bettes - Director


GPAD LONDON LTD (REGISTERED NUMBER: 09457262)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Gpad London Ltd 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.

Turnover represents net sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - not provided
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 10% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 28 ) .

GPAD LONDON LTD (REGISTERED NUMBER: 09457262)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 11,650 106,718 14,282 20,075 152,725
Additions - - - 15,072 15,072
At 31 March 2025 11,650 106,718 14,282 35,147 167,797
DEPRECIATION
At 1 April 2024 - 66,631 1,949 9,594 78,174
Charge for year - 8,017 1,233 11,046 20,296
At 31 March 2025 - 74,648 3,182 20,640 98,470
NET BOOK VALUE
At 31 March 2025 11,650 32,070 11,100 14,507 69,327
At 31 March 2024 11,650 40,087 12,333 10,481 74,551

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 452,606 329,268
Other debtors 530,826 62,628
983,432 391,896

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 48,530 14,345
Taxation and social security 186,085 150,832
Other creditors 140,472 34,730
375,087 199,907

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Other creditors - 746

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.25 31.3.24
£    £   
Within one year 82,013 82,013
Between one and five years 88,846 170,859
170,859 252,872