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REGISTERED NUMBER: 15339247 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 9 DECEMBER 2023 TO 31 DECEMBER 2024

FOR

GLCP LIMITED

GLCP LIMITED (REGISTERED NUMBER: 15339247)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 9 DECEMBER 2023 TO 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GLCP LIMITED

COMPANY INFORMATION
FOR THE PERIOD 9 DECEMBER 2023 TO 31 DECEMBER 2024







DIRECTOR: J R Gibbs





REGISTERED OFFICE: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG





REGISTERED NUMBER: 15339247 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

GLCP LIMITED (REGISTERED NUMBER: 15339247)

BALANCE SHEET
31 DECEMBER 2024

Notes £    £   
FIXED ASSETS
Investment property 4 537,255

CURRENT ASSETS
Debtors 5 3,567
Cash at bank 82,415
85,982
CREDITORS
Amounts falling due within one year 6 590,225
NET CURRENT LIABILITIES (504,243 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,012

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 33,011
SHAREHOLDERS' FUNDS 33,012

GLCP LIMITED (REGISTERED NUMBER: 15339247)

BALANCE SHEET - continued
31 DECEMBER 2024


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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 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.

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 27 August 2025 and were signed by:





J R Gibbs - Director


GLCP LIMITED (REGISTERED NUMBER: 15339247)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 9 DECEMBER 2023 TO 31 DECEMBER 2024


1. STATUTORY INFORMATION

GLCP 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.

Rental income
Rental income from the Company's investment properties are recognised on a straight line basis over the term of the lease.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at the transaction price, less any impairment.

Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
Fair value
Additions 537,255
At 31 December 2024 537,255
Net book value
At 31 December 2024 537,255

The 2024 valuations were made by the director, on an open market value for existing use basis.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 2,340
Other debtors 1,227
3,567

GLCP LIMITED (REGISTERED NUMBER: 15339247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 9 DECEMBER 2023 TO 31 DECEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to participating interests 51,800
Taxation and social security 9,191
Other creditors 529,234
590,225