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Company Registration No. 14837356 (England and Wales)
Gpas Properties Limited Unaudited accounts for the year ended 31 May 2025
Gpas Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Gpas Properties Limited Company Information for the year ended 31 May 2025
Director
Venkata Pavan Kumar Gangisetty
Company Number
14837356 (England and Wales)
- 3 -
Gpas Properties Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
261,039
261,039
Current assets
Cash at bank and in hand
6,808
4,618
Creditors: amounts falling due within one year
5
(1,174)
(978)
Net current assets
5,634
3,640
Total assets less current liabilities
266,673
264,679
Creditors: amounts falling due after more than one year
6
(261,758)
(262,638)
Net assets
4,915
2,041
Capital and reserves
Called up share capital
1
1
Profit and loss account
4,914
2,040
Shareholders' funds
4,915
2,041
For the year ending 31 May 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 October 2025 and were signed on its behalf by
Venkata Pavan Kumar Gangisetty Director Company Registration No. 14837356
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Gpas Properties Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Gpas Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 14837356.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2025
£
Fair value at 1 June 2024
261,039
At 31 May 2025
261,039
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
674
478
Accruals
500
500
1,174
978
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
176,788
177,668
Loans from directors
84,970
84,970
261,758
262,638
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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