GTP ONE LIMITED


Directors	HEENAN, Thomas Michael
	WILLIAMS, Glynn Griffith


Registered Address	61 Bridge Street
	Kington
	HR5 3DJ


Registered Number	13862124 (England and Wales)

Statement of Financial Position
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		464,209		464,212
			464,209		464,212
Current assets
Stocks		135,379		85,379
Debtors		568		531
Cash at bank and on hand		4,655		2,941
		140,602		88,851
Creditors amounts falling due within one year		(420)		(420)
Net current assets (liabilities)			140,182		88,431
Total assets less current liabilities			604,391		552,643
Creditors amounts falling due after one year	4		(622,271)		(564,598)
Net assets			(17,880)		(11,955)
Capital and reserves
Called up share capital			200		200
Profit and loss account			(18,080)		(12,155)
Shareholders' funds			(17,880)		(11,955)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
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 and authorised for issue by the Board of Directors on 28 October 2026, and are signed on its behalf by:

HEENAN, Thomas Michael
Director
Registered Company No. 13862124

GTP ONE LIMITED

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: No depreciation policy for Land & Buildings.


		Straight line (years)
	Office Equipment	3

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 February 25	464,929
	Additions	649
	At 31 January 26	465,578
	Depreciation and impairment
	At 01 February 25	717
	Charge for year	652
	At 31 January 26	1,369
	Net book value
	At 31 January 26	464,209
	At 31 January 25	464,212

4.	Creditors: amounts due after one year

	2026	2025
	£	£
Other creditors	622,271	564,598
Total	622,271	564,598


	A credit balance of £622,271 (2025- £564,598 ) existed on the director loan account of Mr Tom Heenan at year end. The loan is unsecured and repayable on demand.

5.	Related party transactions
	The company received services to the value of £50,000 (2024- £20,000) from Gray & Bear Ltd an associated company.