01828169falsebuilding contractors and developers2023-11-012024-10-31http://www.companieshouse.gov.uk/2023-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-10-31http://www.companieshouse.gov.uk/cd:Director12023-11-012024-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-10-31http://www.companieshouse.gov.uk/cd:Director22023-11-012024-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-11-012024-10-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-11-012024-10-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-11-012024-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-10-31http://www.companieshouse.gov.uk/2023-11-012024-10-31http://www.companieshouse.gov.uk/2023-10-31http://www.companieshouse.gov.uk/cd:FRS1022023-11-012024-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-11-012024-10-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-11-012024-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 01828169
G.P.P. BUILDING CONTRACTORS LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Prepared By:
McMillan Rose & Co Ltd
Chartered Certified Accountants
Haltgate House
52a Hullbridge Road
South Woodham Ferrrers
Essex
CM3 5NH
G.P.P. BUILDING CONTRACTORS LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2024
DIRECTORS
G Tilson
B Tilson
REGISTERED OFFICE
The Anchorage
The Chase
Runwell
Essex
SS11 7PU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01828169
ACCOUNTANTS
McMillan Rose & Co Ltd
Chartered Certified Accountants
Haltgate House
52a Hullbridge Road
South Woodham Ferrrers
Essex
CM3 5NH
G.P.P. BUILDING CONTRACTORS LIMITED
ACCOUNTS
FOR THEYEARENDED31 OCTOBER 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
G.P.P. BUILDING CONTRACTORS LIMITED
BALANCE SHEET AT 31 October 2024
20242023
Notes££
FIXED ASSETS
Tangible assets357,89366,276
CURRENT ASSETS
Stock425,2449,000
Debtors55,634515,963
Cash at bank and in hand29,89763,281
460,775588,244
CREDITORS: Amounts falling due within one year6378,020505,179
NET CURRENT ASSETS82,75583,065
TOTAL ASSETS LESS CURRENT LIABILITIES140,648149,341
CREDITORS: Amounts falling due after more than one year73,28412,659
PROVISIONS FOR LIABILITIES AND CHARGES911,00112,594
NET ASSETS126,363124,088
CAPITAL AND RESERVES
Called up share capital10100100
Profit and loss account126,263123,988
SHAREHOLDERS' FUNDS126,363124,088
For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14 July 2025 and signed on their behalf by
.............................
G Tilson
Director
G.P.P. BUILDING CONTRACTORS LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 15%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are valued at the lower of cost and and net realisable value, after due regard for obsolete and slow moving items.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
2. EMPLOYEES
20242023
No.No.
Average number of employees11
G.P.P. BUILDING CONTRACTORS LIMITED
3. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 1 November 2023297,366297,366
Additions3,0323,032
At 31 October 2024300,398300,398
Depreciation
At 1 November 2023231,090231,090
For the year11,41511,415
At 31 October 2024242,505242,505
Net Book Amounts
At 31 October 202457,89357,893
At 31 October 202366,27666,276
4. STOCK 20242023
££
Stock comprises:
Stocks218,2949,000
Work in progress206,950-
425,2449,000
5. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors-318,565
Other Tax5,6345,637
Other debtors-191,761
5,634515,963
G.P.P. BUILDING CONTRACTORS LIMITED
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Bank loans and overdrafts9,13013,208
Trade creditors-32,884
Taxation and social security29,89837,542
Other creditors338,992421,545
378,020505,179
Included within other creditors are obligations under finance leases1,7941,915
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans and overdrafts-6,086
Other creditors3,2846,573
3,28412,659
Included in other creditors are:
Obligations under finance leases3,2844,958
Obligations under hire purchase-1,615
8. SECURED CREDITORS
20242023
££
Amount of other creditors which are secured8,55212,258
The finance leases and hire purchase agreements are secured on the related assets.
9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation11,00112,594
11,00112,594
G.P.P. BUILDING CONTRACTORS LIMITED
10. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100