GTP Entertainment Limited

GTP Entertainment Limited
Statement of Financial Position
As at 28 February 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	1,423	0
		1,423	0
Current assets
Debtors	4	89,905	270,062
Investments	5	200	200
Cash at bank and in hand		8,213	7,624
		98,318	277,886
Creditors: amount falling due within one year	6	(173,394)	(260,813)
Net current assets		(75,076)	17,073

Total assets less current liabilities		(73,653)	17,073
Creditors: amount falling due after more than one year	7	(4,818)	(14,818)
Provisions for liabilities	8	(270)	0
Net assets		(78,741)	2,255

Capital and reserves
Called up share capital		100	100
Profit and loss account		(78,841)	2,155
Shareholders' funds		(78,741)	2,255

For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 27 August 2026 and were signed by:

-------------------------------
Michel Boersma
Director

GTP Entertainment Limited
Notes to the Financial Statements
For the year ended 28 February 2026

General Information

GTP Entertainment Limited is a private company, limited by shares, registered in England and Wales, registration number 11835025, registration address Unit 14, Princeton Mews, 167 London Road, Kingston Upon Thames, KT2 6PT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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)

Group accounts

The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25% Reducing Balance

Current asset investments

Current asset investments are stated at the lower of cost and net realisable value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 March 2025	-	-
Additions	1,898	1,898
Disposals	-	-
At 28 February 2026	1,898	1,898
Depreciation
At 01 March 2025	-	-
Charge for year	475	475
On disposals	-	-
At 28 February 2026	475	475
Net book values
Closing balance as at 28 February 2026	1,423	1,423
Opening balance as at 01 March 2025	-	-

Debtors: amounts falling due within one year

	2026 £	2025 £
Amount Owed by Group Undertakings	89,238	268,725
VAT	667	1,337
	89,905	270,062

Investments

	2026 £		2025 £
Shares in Group - Cost b/fwd	200		200
	200		200

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	10,109	20,678
Amounts Owed to Group Undertakings	163,284	240,135
Other Creditors	1	0
	173,394	260,813

Creditors: amount falling due after more than one year

	2026 £		2025 £
Bank Loans & Overdrafts	4,818		14,818
	4,818		14,818

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	270		0
	270		0


Registered Number: 11835025
England and Wales
GTP ENTERTAINMENT LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 March 2025 End date: 28 February 2026