GPMA Consultancy Limited - Filleted accounts

Registered number

08968345

GPMA Consultancy Limited

Filleted Accounts

31 December 2024

GPMA Consultancy Limited
Registered number:		08968345
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		618			349

Current assets
Debtors	4	196			20,946
Cash at bank and in hand		84,097			46,006
		84,293			66,952

Creditors: amounts falling due within one year	5	(8,406)			(13,289)

Net current assets			75,887			53,663

Total assets less current liabilities			76,505			54,012


Provisions for liabilities			(117)			(66)


Net assets			76,388			53,946

Capital and reserves
Called up share capital			1			1
Profit and loss account			76,387			53,945

Shareholder's funds			76,388			53,946

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




I Gooderham
Director
Approved by the board on 9 September 2025

GPMA Consultancy Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services and is recognised according to the date on which the services are provided.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Office equipment
£
	Cost
	At 1 January 2024				1,519
	Additions				475
	At 31 December 2024				1,994

	Depreciation
	At 1 January 2024				1,170
	Charge for the year				206
	At 31 December 2024				1,376

	Net book value
	At 31 December 2024				618
	At 31 December 2023				349


4	Debtors		2024		2023
£				£

	Trade debtors		-		1,750
	Other debtors		196		19,196
			196		20,946


5	Creditors: amounts falling due within one year		2024		2023
£				£

	Taxation and social security costs		7,511		12,394
	Other creditors		895		895
			8,406		13,289


6	Related party transactions

	During the year dividends were paid to the shareholding director of £10,000 (2023: £29,000). The balance owed to the director was £nil (2023 : £nil) at the year end.


7	Controlling party

	The company is wholly controlled by the director.


8	Other information

	GPMA Consultancy Limited is a private company limited by shares and incorporated in England. Its registered office is:

	177 Scartho Road
	Grimsby
	North East Lincolnshire
	DN33 2BU