Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12777334 Miss J P Lee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12777334 2023-12-31 12777334 2024-12-31 12777334 2024-01-01 2024-12-31 12777334 frs-core:CurrentFinancialInstruments 2024-12-31 12777334 frs-core:ComputerEquipment 2024-12-31 12777334 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12777334 frs-core:ComputerEquipment 2023-12-31 12777334 frs-core:FurnitureFittings 2024-12-31 12777334 frs-core:FurnitureFittings 2024-01-01 2024-12-31 12777334 frs-core:FurnitureFittings 2023-12-31 12777334 frs-core:MotorVehicles 2024-12-31 12777334 frs-core:MotorVehicles 2024-01-01 2024-12-31 12777334 frs-core:MotorVehicles 2023-12-31 12777334 frs-core:PlantMachinery 2024-12-31 12777334 frs-core:PlantMachinery 2024-01-01 2024-12-31 12777334 frs-core:PlantMachinery 2023-12-31 12777334 frs-core:ShareCapital 2024-12-31 12777334 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12777334 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12777334 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12777334 frs-bus:SmallEntities 2024-01-01 2024-12-31 12777334 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12777334 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12777334 frs-core:CostValuation 2023-12-31 12777334 frs-core:AdditionsToInvestments 2024-12-31 12777334 frs-core:CostValuation 2024-12-31 12777334 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 12777334 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 12777334 frs-bus:Director1 2024-01-01 2024-12-31 12777334 frs-countries:EnglandWales 2024-01-01 2024-12-31 12777334 2022-12-31 12777334 2023-12-31 12777334 2023-01-01 2023-12-31 12777334 frs-core:CurrentFinancialInstruments 2023-12-31 12777334 frs-core:ShareCapital 2023-12-31 12777334 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12777334
GPM360 Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 12777334
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 221,176 72,893
Investments 5 10,101 101
231,277 72,994
CURRENT ASSETS
Debtors 6 50,917 319
50,917 319
Creditors: Amounts Falling Due Within One Year 7 (13,763 ) (1,615 )
NET CURRENT ASSETS (LIABILITIES) 37,154 (1,296 )
TOTAL ASSETS LESS CURRENT LIABILITIES 268,431 71,698
NET ASSETS 268,431 71,698
CAPITAL AND RESERVES
Called up share capital 8 348 348
Profit and Loss Account 268,083 71,350
SHAREHOLDERS' FUNDS 268,431 71,698
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss J P Lee
Director
29/08/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
GPM360 Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12777334 . The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Presentation currency
The accounts are presented in £ sterling, and rounded to the nearest £1.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. 

Interest and dividends receivable

Interest income is recognised using the effective interest method and dividend income is recognised as the company’s right to receive payment is established.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight-line
Motor Vehicles 25% straight-line
Fixtures & Fittings 25% straight-line
Computer Equipment 25% straight-line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 2
Page 3
2.5. Investments
The company is exempt from the requirement to prepare consolidated financial statements, as the company and the group headed by it qualify as small, and are considered eligible for the exemption.
Investments in subsidiaries are recognised in the financial statements at cost less impairment.
2.6. Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 2,401 32,959 23,365 14,371 73,096
Additions 128,696 54,313 - 12,255 195,264
Disposals - (13,908 ) (6,232 ) (49 ) (20,189 )
As at 31 December 2024 131,097 73,364 17,133 26,577 248,171
Depreciation
As at 1 January 2024 - - 203 - 203
Provided during the period 9,048 9,027 5,711 5,315 29,101
Disposals - (869 ) (1,429 ) (11 ) (2,309 )
As at 31 December 2024 9,048 8,158 4,485 5,304 26,995
Net Book Value
As at 31 December 2024 122,049 65,206 12,648 21,273 221,176
As at 1 January 2024 2,401 32,959 23,162 14,371 72,893
5. Investments
Subsidiaries
£
Cost
As at 1 January 2024 101
Additions 10,000
As at 31 December 2024 10,101
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 10,101
As at 1 January 2024 101
Inevstments comprise:
  • 51 ordinary shares in 360 Media Sales Limited
  • 51 ordinary shares in Media Sales 360 Limited
  • 1 ordinary share in GPM360 Limited
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 37,296 -
Other debtors 13,621 319
50,917 319
Amounts owed by group undertakings are interest free and repayable on demand.
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings - 205
Other creditors 1,850 1,410
Taxation and social security 11,913 -
13,763 1,615
Amounts owed by group undertakings are interest free and repayable on demand.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 348 348
Page 4