| REGISTERED NUMBER: |
| GLP TRAINING LTD |
| Unaudited Financial Statements for the Year Ended 31 July 2025 |
| REGISTERED NUMBER: |
| GLP TRAINING LTD |
| Unaudited Financial Statements for the Year Ended 31 July 2025 |
| GLP TRAINING LTD (REGISTERED NUMBER: 08931484) |
| Contents of the Financial Statements |
| for the year ended 31 July 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 9 |
| GLP TRAINING LTD |
| Company Information |
| for the year ended 31 July 2025 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| CUBO Birmingham |
| 4th Floor |
| Two Chamberlain Square |
| Birmingham |
| West Midlands |
| B3 3AX |
| GLP TRAINING LTD (REGISTERED NUMBER: 08931484) |
| Balance Sheet |
| 31 July 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
8 |
| Net assets |
| Capital and reserves |
| Called up share capital | 10 |
| Retained earnings |
| Shareholders' funds |
| GLP TRAINING LTD (REGISTERED NUMBER: 08931484) |
| Balance Sheet - continued |
| 31 July 2025 |
| The director acknowledges her 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 were approved by the director and authorised for issue on |
| GLP TRAINING LTD (REGISTERED NUMBER: 08931484) |
| Notes to the Financial Statements |
| for the year ended 31 July 2025 |
| 1. | Statutory information |
| GLP Training Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 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. |
| Turnover |
| Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: |
| Rendering of services |
| Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: |
| - the amount of turnover can be measured reliably; |
| - it is probable that the company will receive the consideration due under the contract; |
| - the stage of completion of the contract at the end of the reporting period can be measured reliably; and |
| - the costs incurred and the costs to complete the contract can be measured reliably. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| GLP TRAINING LTD (REGISTERED NUMBER: 08931484) |
| Notes to the Financial Statements - continued |
| for the year ended 31 July 2025 |
| 2. | Accounting policies - continued |
| Financial instruments |
| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans with related parties and investments in ordinary shares. |
| All financial assets and liabilities are initially measured at transaction price and subsequently measured at amortised cost. |
| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| Leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| GLP TRAINING LTD (REGISTERED NUMBER: 08931484) |
| Notes to the Financial Statements - continued |
| for the year ended 31 July 2025 |
| 4. | Intangible fixed assets |
| Computer |
| software |
| £ |
| Cost |
| Additions |
| At 31 July 2025 |
| Amortisation |
| Amortisation for year |
| At 31 July 2025 |
| Net book value |
| At 31 July 2025 |
| 5. | Tangible fixed assets |
| Fixtures |
| Improvements | Plant and | and |
| to property | machinery | fittings |
| £ | £ | £ |
| Cost |
| At 1 August 2024 |
| Additions |
| At 31 July 2025 |
| Depreciation |
| At 1 August 2024 |
| Charge for year |
| At 31 July 2025 |
| Net book value |
| At 31 July 2025 |
| At 31 July 2024 |
| GLP TRAINING LTD (REGISTERED NUMBER: 08931484) |
| Notes to the Financial Statements - continued |
| for the year ended 31 July 2025 |
| 5. | Tangible fixed assets - continued |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| Cost |
| At 1 August 2024 |
| Additions |
| At 31 July 2025 |
| Depreciation |
| At 1 August 2024 |
| Charge for year |
| At 31 July 2025 |
| Net book value |
| At 31 July 2025 |
| At 31 July 2024 |
| 6. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Directors' current accounts | 73,126 | 65,104 |
| VAT |
| Prepayments |
| 7. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| Other creditors |
| Accruals |
| GLP TRAINING LTD (REGISTERED NUMBER: 08931484) |
| Notes to the Financial Statements - continued |
| for the year ended 31 July 2025 |
| 8. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans - 1-2 years |
| Deferred income |
| 9. | Leasing agreements |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2025 | 2024 |
| £ | £ |
| Within one year |
| Between one and five years |
| In more than five years |
| 10. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 11. | Director's advances, credits and guarantees |
| The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024: |
| 2025 | 2024 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| In accordance with the terms of the loan, the balance is repayable on demand. Interest has been charged on the overdrawn balance at a rate of 2.25%, which is considered to be the approved HMRC rate of interest. |
| GLP TRAINING LTD (REGISTERED NUMBER: 08931484) |
| Notes to the Financial Statements - continued |
| for the year ended 31 July 2025 |
| 12. | Ultimate controlling party |
| The ultimate controlling party is |