GL PROJECTS LTD

Company Registration Number:
13843141 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2026

Period of accounts

Start date: 1 February 2025

End date: 31 January 2026

GL PROJECTS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2026

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GL PROJECTS LTD

Profit And Loss Account

for the Period Ended 31 January 2026

2026 2025


£
£
Turnover: 1,173,044 281,996
Cost of sales: ( 688,917 ) ( 115,459 )
Gross profit(or loss): 484,127 166,537
Distribution costs: 0 0
Administrative expenses: ( 162,110 ) ( 126,379 )
Operating profit(or loss): 322,017 40,158
Interest receivable and similar income: 3 3
Interest payable and similar charges: ( 27,773 ) ( 3,367 )
Profit(or loss) before tax: 294,247 36,794
Tax: ( 74,100 ) ( 7,142 )
Profit(or loss) for the financial year: 220,147 29,652

GL PROJECTS LTD

Balance sheet

As at 31 January 2026

Notes 2026 2025


£
£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 90,945 106,314
Total fixed assets: 90,945 106,314
Current assets
Debtors: 4 549,165 51,690
Cash at bank and in hand: 18,371 50,192
Total current assets: 567,536 101,882
Creditors: amounts falling due within one year: 5 ( 284,966 ) ( 49,488 )
Net current assets (liabilities): 282,570 52,394
Total assets less current liabilities: 373,515 158,708
Creditors: amounts falling due after more than one year: 6 ( 38,465 ) ( 41,111 )
Provision for liabilities: ( 17,505 ) ( 20,199 )
Total net assets (liabilities): 317,545 97,398
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 317,445 97,298
Total Shareholders' funds: 317,545 97,398

The notes form part of these financial statements

GL PROJECTS LTD

Balance sheet statements

For the year ending 31 January 2026 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 27 August 2026
and signed on behalf of the board by:

Name: Thomas Hagel-Leak
Status: Director

The notes form part of these financial statements

GL PROJECTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GL PROJECTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 3 3

GL PROJECTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2025 4,972 113,957 118,929
Additions 6,549 6,549
Disposals
Revaluations
Transfers
At 31 January 2026 11,521 113,957 125,478
Depreciation
At 1 February 2025 1,056 11,559 12,615
Charge for year 1,438 20,480 21,918
On disposals
Other adjustments
At 31 January 2026 2,494 32,039 34,533
Net book value
At 31 January 2026 9,027 81,918 90,945
At 31 January 2025 3,916 102,398 106,314

GL PROJECTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

4. Debtors

2026 2025
£ £
Trade debtors 535,520 7,932
Other debtors 13,645 43,758
Total 549,165 51,690

GL PROJECTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

5. Creditors: amounts falling due within one year note

2026 2025
£ £
Trade creditors 7,470 3,952
Taxation and social security 192,968 3,289
Other creditors 84,528 42,247
Total 284,966 49,488

GL PROJECTS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2026

6. Creditors: amounts falling due after more than one year note

2026 2025
£ £
Other creditors 38,465 41,111
Total 38,465 41,111