GP Investments Limited Filleted accounts for Companies House (small and micro)

GP INVESTMENTS LIMITED - Company Information

0 false false false false false false false false false true false false false false false true No description of principal activity 2021-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 12513837 2021-04-01 2022-03-31 12513837 2022-03-31 12513837 2021-03-31 12513837 bus:Director1 2021-04-01 2022-03-31 12513837 core:WithinOneYear 2022-03-31 12513837 core:WithinOneYear 2021-03-31 12513837 core:ShareCapital 2022-03-31 12513837 core:ShareCapital 2021-03-31 12513837 core:RetainedEarningsAccumulatedLosses 2022-03-31 12513837 core:RetainedEarningsAccumulatedLosses 2021-03-31 12513837 bus:SmallEntities 2021-04-01 2022-03-31 12513837 bus:AuditExemptWithAccountantsReport 2021-04-01 2022-03-31 12513837 bus:FullAccounts 2021-04-01 2022-03-31 12513837 bus:SmallCompaniesRegimeForAccounts 2021-04-01 2022-03-31 12513837 bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31

COMPANY REGISTRATION NUMBER: 12513837

GP INVESTMENTS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

31 March 2022

GP INVESTMENTS LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2022

	2022		2021
Note	£	£	£	£

CURRENT ASSETS

Debtors	4	1,897,599	993,335
Cash at bank and in hand		6	46,274
		------------	------------
		1,897,605	1,039,609

CREDITORS: amounts falling due within one year	5	( 1,772,392)		( 934,132)
		------------		------------
NET CURRENT ASSETS			125,213		105,477
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			125,213		105,477
			---------		---------
NET ASSETS			125,213		105,477
			---------		---------

CAPITAL AND RESERVES

Called up share capital	1	1
Profit and loss account	125,212	105,476
	---------	---------
SHAREHOLDERS FUNDS	125,213	105,477
	---------	---------

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 income and retained earnings has not been delivered.

For the year ending 31 March 2022 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

GP INVESTMENTS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2022

These financial statements were approved by the board of directors and authorised for issue on 8 December 2022 , and are signed on behalf of the board by:

G Putson
Director

Company registration number: 12513837

GP INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 30 Park Avenue, Roundhay, Leeds, LS8 2JH.

2. STATEMENT OF COMPLIANCE

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

Revenue recognition

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax.

Income tax

Deferred Taxation is provided using the liability method on all timing differences that have originated but not reversed at the balance sheet date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. DEBTORS

	2022	2021
	£	£
Other debtors	1,897,599	993,335
	------------	---------

5. CREDITORS: amounts falling due within one year

	2022	2021
	£	£
Trade creditors	11,475	–
Corporation tax	29,793	24,741
Other creditors	1,731,124	909,391
	------------	---------
	1,772,392	934,132
	------------	---------