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COMPANY REGISTRATION NUMBER: 14657119
G-GPMW Ltd
Filleted Unaudited Financial Statements
28 February 2025
G-GPMW Ltd
Financial Statements
Year ended 28 February 2025
Contents
Page
Balance sheet
1
Notes to the financial statements
2
G-GPMW Ltd
Balance Sheet
28 February 2025
2025
2024
Note
£
£
£
£
Fixed assets
Tangible assets
4
140,842
90,000
Current assets
Debtors
5
330
Cash at bank and in hand
8,734
22,327
-------
--------
9,064
22,327
Creditors: amounts falling due within one year
6
( 201,252)
( 129,324)
---------
---------
Net current liabilities
( 192,188)
( 106,997)
---------
---------
Total assets less current liabilities
( 51,346)
( 16,997)
--------
--------
Net liabilities
( 51,346)
( 16,997)
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 51,446)
( 17,097)
--------
--------
Shareholders deficit
( 51,346)
( 16,997)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 28 February 2025 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 financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 19 August 2025 , and are signed on behalf of the board by:
Dr M A Eberhard
Director
Company registration number: 14657119
G-GPMW Ltd
Notes to the Financial Statements
Year ended 28 February 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.
Going concern
The director acknowledges the loss for the year and the insolvent position of the company. The director intends to support the company for at least the next 12 months to 31 August 2026. The director intends to provide sufficient cash funds to enable the company to continue in operational existence for a period to at least 31 August 2026, and so continues to adopt the going concern basis in preparing its financial statements.
Judgements and key sources of estimation uncertainty
All significant judgements applied in preparing the financial statements are disclosed in the accounting policies. No material estimates have been applied.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
10% straight line
4. Tangible assets
Plant and machinery
£
Cost
At 1 March 2024
100,000
Additions
67,604
---------
At 28 February 2025
167,604
---------
Depreciation
At 1 March 2024
10,000
Charge for the year
16,762
---------
At 28 February 2025
26,762
---------
Carrying amount
At 28 February 2025
140,842
---------
At 29 February 2024
90,000
---------
5. Debtors
2025
2024
£
£
Other debtors
330
----
----
6. Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
164
582
Social security and other taxes
288
395
Other creditors
200,800
128,347
---------
---------
201,252
129,324
---------
---------
7. Director's advances, credits and guarantees
During the year, the director provided the company with an interest-free, repayable on demand loan. At the start of the year the director was owed £127,097, and at the end of the year the director was owed £199,475. Turnover includes £3,695 invoiced to the director during the year.