GDP Compliance Ltd iXBRL

Company Registration Number: 11082753

GDP Compliance Ltd

Unaudited Financial Statements

for the financial year ended 31 October 2025

GDP Compliance Ltd

DIRECTOR AND OTHER INFORMATION


Directors	Mr G George
	Mr B Derde (Resigned 2 December 2025)


Company Registration Number	11082753


Registered Office	Park Royal House
	Valletta Street
	Hull
	HU9 5NP
	England


Accountants	DAH Accountancy Services Limited
	Chartered Management Accountants
	Cedar Lodge
	York Road
	Shiptonthorpe
	York
	East Yorkshire
	YO43 3PH

GDP Compliance Ltd

Company Registration Number: 11082753

BALANCE SHEET

as at 31 October 2025

		2025	2024
	Notes	£	£

Current Assets

Stocks

12,000

9,030

Debtors

632,680

667,815

Cash at bank and in hand

1,713

─────────

646,393

676,868

─────────

Creditors: amounts falling due within one year

(925,592)

(945,287)

─────────

Net Current Liabilities

(279,199)

(268,419)

─────────

Total Assets less Current Liabilities

(279,199)

(268,419)

Creditors:

amounts falling due after more than one year

(18,781)

(24,337)

─────────

Net Liabilities

(297,980)

(292,756)

═════════

Capital and Reserves

Called up share capital

Share premium account

309

309

Retained earnings

(298,290)

(293,066)

─────────

Shareholders' Deficit

(297,980)

(292,756)

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Approved by the Director and authorised for issue on 31 October 2026




________________________________
Mr G George
Director

GDP Compliance Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 October 2025

General Information

GDP Compliance Ltd is a company limited by shares incorporated and registered in England. The registered number of the company is 11082753. The registered office of the company is Park Royal House, Valletta Street, Hull, HU9 5NP, England. The principal activity of the company is that of the manufacture of cleaning products. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 October 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including director, during the financial year was 2, (2024 - 2).


4.	Stocks	2025	2024
		£	£

	Finished goods and goods for resale	12,000	9,030
		═════════	═════════

	The replacement cost of stock did not differ significantly from the figures shown.


5.	Debtors	2025	2024
		£	£

	Trade debtors	12,376	5,584
	Amounts owed by connected parties (Note 10)	10,104	67,399
	Amounts owed by related parties	591,582	581,832
	Other debtors	16,824	13,000
	Prepayments and accrued income	1,794	-
		─────────	─────────
		632,680	667,815
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank loan	6,682	6,682
	Trade creditors	77,523	90,567
	Amounts owed to connected parties (Note 10)	816,269	833,169
	Taxation (Note 8)	23,728	13,105
	Accruals	1,390	1,764
		─────────	─────────
		925,592	945,287
		═════════	═════════


7.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	18,781	24,337
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 6)	6,682	6,682
	Repayable between one and two years	5,556	5,556
	Repayable between two and five years	13,225	18,781
		─────────	─────────
		25,463	31,019
		═════════	═════════


8.	Taxation	2025	2024
		£	£

	Creditors:
	VAT	23,728	13,105
		═════════	═════════

Reserves

Share Premium Reserve

The amount carried forward is the premium that arose from the issue of shares in 2023.

10.

Related party transactions

Transactions with group companies include ...

Balance

Movement

Balance

Maximum

2025

in year

2024

in year

GMP Manufacturing Ltd

10,104

(57,295)

67,399

67,399

The following amounts are due to other connected parties:

2025

2024

GMP Healthcare Ltd

816,269

833,169

═════════

Net balances with other connected parties:

2025

2024

GMP Healthcare Ltd

(816,269)

(833,169)

GMP Manufacturing Ltd

10,104

67,399

─────────

(806,165)

(765,770)

═════════

2025

2024

Finance amounts (due from) related parties

(591,582)

(581,832)

═════════

11.

Parent company

The company regards GMP Group Ltd as its parent company.

The parent of the largest group in which the results are consolidated is GMP Group Ltd.

GMP Group Ltd is registered in England.

12.

Ultimate beneficial owner

The legal title to 97.94% of the company's issued ordinary share capital is held by GMP Group Ltd as nominee agent under a share nominee agreement.

By virtue of this agreement, the ultimate beneficial owner and ultimate controlling party of the company is Mr G George, who retains all economic interests, distribution rights, and ultimate voting control over these shares.