G.P. BUILDERS (AMPTHILL) LIMITED 31/05/2026 iXBRL

Company registration number: 01314808

G.P. BUILDERS (AMPTHILL) LIMITED

Unaudited filleted financial statements

31 May 2026

G.P. BUILDERS (AMPTHILL) LIMITED

Contents

Directors report

Statement of financial position

Notes to the financial statements

G.P. BUILDERS (AMPTHILL) LIMITED

Directors report

Year ended 31 May 2026

The directors present their report and the unaudited financial statements of the company for the year ended 31 May 2026.

Directors

The directors who served the company during the year were as follows:

Mr S Mulchinock

Mr J Mulchinock

Mr P Mulchinock

Mrs J Mulchinock

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 13 October 2026 and signed on behalf of the board by:

Mr S Mulchinock

Director

G.P. BUILDERS (AMPTHILL) LIMITED

Statement of financial position

31 May 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	16,999		18,816
		_______		_______
			16,999		18,816

Current assets
Stocks		13,000		10,000
Debtors	6	17,573		95,175
Cash at bank and in hand		46,275		7,154
		_______		_______
		76,848		112,329
Creditors: amounts falling due
within one year	7	( 93,597)		( 115,227)
		_______		_______
Net current liabilities			( 16,749)		( 2,898)
			_______		_______
Total assets less current liabilities			250		15,918

Creditors: amounts falling due
after more than one year	8		( 18,418)		( 17,456)
			_______		_______
Net liabilities			( 18,168)		( 1,538)
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			( 18,170)		( 1,540)
			_______		_______
Shareholders deficit			( 18,168)		( 1,538)
			_______		_______

For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 13 October 2026 , and are signed on behalf of the board by:

Mr S Mulchinock

Director

Company registration number: 01314808

G.P. BUILDERS (AMPTHILL) LIMITED

Notes to the financial statements

Year ended 31 May 2026

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 3 West Street, Leighton Buzzard, Bedfordshire, LU7 1DA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the 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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 3 ).

5. Tangible assets

	Freehold property	Plant and machinery	Total
	£	£	£
Cost
At 1 June 2025	16,500	49,408	65,908
Disposals	-	( 24,593)	( 24,593)
	_______	_______	_______
At 31 May 2026	16,500	24,815	41,315
	_______	_______	_______
Depreciation
At 1 June 2025	-	47,092	47,092
Charge for the year	-	1,817	1,817
Disposals	-	( 24,593)	( 24,593)
	_______	_______	_______
At 31 May 2026	-	24,316	24,316
	_______	_______	_______
Carrying amount
At 31 May 2026	16,500	499	16,999
	_______	_______	_______
At 31 May 2025	16,500	2,316	18,816
	_______	_______	_______

6. Debtors

	2026	2025
	£	£
Trade debtors	-	28,152
Other debtors	17,573	67,023
	_______	_______
	17,573	95,175
	_______	_______

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	5,831	10,780
Trade creditors	7,578	10,041
Social security and other taxes	16,207	15,584
Other creditors	63,981	78,822
	_______	_______
	93,597	115,227
	_______	_______

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	18,418	17,456
	_______	_______

9. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2026	2025	2026	2025
	£	£	£	£
GP Developments Ltd	-	-	13,874	13,874
GP Homes Limited	-	-	(56,936)	(73,217)
	_______	_______	_______	_______

The company has taken the exemption under FRS 102 not to disclose transactions with wholly owned entities within the same group.

10. Parent company

The company is controlled by the directors.