Gyp Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14498605

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	-		4,787
Debtors	5	-		102,479
Cash at bank and in hand		3		10

		3		107,276
Creditors: Amounts Falling Due Within One Year	6	(112,182 )		(135,078 )

NET CURRENT ASSETS (LIABILITIES)			(112,179 )		(27,802 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(112,179 )		(27,802 )

NET LIABILITIES			(112,179 )		(27,802 )

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			(112,181 )		(27,804 )

SHAREHOLDERS' FUNDS			(112,179)		(27,802)

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Gyp Ltd

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 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 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.

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

Mr Neal Lodhia

Director

31st August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Gyp Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14498605 . The registered office is 45 Albemarle Street, 3rd Floor, Mayfair, London, W1S 4JL.

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.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Gyp Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Stocks

	2025	2024
	£	£
Stock	-	4,787

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by subsidiaries	-	102,479

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Director's loan account	2,182	1,432
Amounts owed to group undertakings	110,000	133,646

	112,182	135,078

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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