GP Displays Ltd - Accounts

GP Displays Ltd
Statement of Financial Position
As at 31 May 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	3,254	1,750
		3,254	1,750
Current assets
Debtors		0	11,052
Cash at bank and in hand		111,942	102,233
		111,942	113,285
Creditors: amount falling due within one year		(3,195)	(6,713)
Net current assets		108,747	106,572

Total assets less current liabilities		112,001	108,322
Net assets		112,001	108,322

Capital and reserves
Called up share capital	4	2	2
Profit and loss account		111,999	108,320
Shareholders' funds		112,001	108,322

For the year ended 31 May 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 22 September 2026 and were signed by:

-------------------------------
Keith Bate
Director

GP Displays Ltd
Notes to the Abridged Financial Statements
For the year ended 31 May 2026

General Information

GP Displays Ltd is a private company, limited by shares, registered in England and Wales, registration number 07248016, registration address Hermione Houseboat, The Quay, Burnham-On-Crouch, Essex, CM0 8AS.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in accordance with the provision of Section 1A (Small Entities) of Financial Reporting Standards FRS 102.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

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

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted.

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:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Computer Equipment	33.33% Straight Line

2.	Employees The director is not employed undrer the contract of service. Average number of employees during the year was 1 (2025 : 1).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 June 2025	8,498	17,032	2,977	28,507
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 May 2026	8,498	17,032	2,977	28,507
Depreciation
At 01 June 2025	8,048	16,223	982	25,253
Charge for year	-	-	-	-
On disposals	-	-	-	-
At 31 May 2026	8,048	16,223	982	25,253
Net book values
Closing balance as at 31 May 2026	450	809	1,995	3,254
Opening balance as at 01 June 2025	672	1,078	-	1,750

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
2 Class A shares of £1.00 each	2		2
	2		2