Accounts Submission

Accounts Submission

GDPM LIMITED - Company Information

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GDPM LIMITED

Company Registration Number:
SC290248 (Scotland)

Unaudited statutory accounts for the year ended 31 August 2018

Period of accounts

Start date: 01 September 2017

End date: 31 August 2018

Page 1

GDPM LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2018

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Page 2

GDPM LIMITED

Company Information

for the Period Ended 31 August 2018




Director: R.L. Spiers
G. Mutch
Mrs. S.I.L. Mutch
Mrs. T. Spiers
Secretary: R.L. Spiers and G. Mutch
Registered office: 4
Bon Accord Square
Aberdeen
AB11 6DJ
Company Registration Number: SC290248 (Scotland)

Page 3

GDPM LIMITED

Directors' Report Period Ended 31 August 2018

The directors present their report with the financial statements of the company for the period ended 31 August 2018

Principal Activities

Integrated management

Political and charitable donations

A charitable donation was made during the period of £ 500

Directors

The directors shown below have held office during the whole of the period from 01 September 2017 to 31 August 2018
R.L. Spiers
G. Mutch
Mrs. S.I.L. Mutch
Mrs. T. Spiers

Secretary
R.L. Spiers and G. Mutch

This report was approved by the board of directors on 31 May 2019
And Signed On Behalf Of The Board By:

Name: R.L. Spiers
Status: Director

Name: G. Mutch
Status: Director

Page 4

GDPM LIMITED

Profit and Loss Account

for the Period Ended 31 August 2018


Notes
2018
£
2017
£
Turnover 891,514 565,177
Gross Profit or (Loss) 891,514 565,177
Administrative Expenses (195,874) (184,801)
Other operating income 0 17,456
Operating Profit or (Loss) 695,640 397,832
Interest Receivable and Similar Income 1,433 322
Profit or (Loss) Before Tax 697,073 398,154
Tax on Profit (165,514) (108,724)
Profit or (Loss) for Period 531,559 289,430

The notes form part of these financial statements

Page 5

GDPM LIMITED

Balance sheet

As at 31 August 2018


Notes
2018
£
2017
£
Fixed assets
Tangible assets: 4 1,649,088 1,651,363
Total fixed assets: 1,649,088 1,651,363
Current assets
Debtors: 5 67,676 114,005
Cash at bank and in hand: 1,622,955 1,141,812
Total current assets: 1,690,631 1,255,817
Creditors: amounts falling due within one year: 6 ( 11,019 ) ( 10,039 )
Net current assets (liabilities): 1,679,612 1,245,778
Total assets less current liabilities: 3,328,700 2,897,141
Total net assets (liabilities): 3,328,700 2,897,141

The notes form part of these financial statements

Page 6

GDPM LIMITED

Balance sheet continued

As at 31 August 2018


Notes
2018
£
2017
£
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 3,328,696 2,897,137
Shareholders funds: 3,328,700 2,897,141

For the year ending 31 August 2018 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 May 2019
And Signed On Behalf Of The Board By:

Name: R.L. Spiers
Status: Director

Name: G. Mutch
Status: Director

The notes form part of these financial statements

Page 7

GDPM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rate in order to write off each asset over its estimated useful life :- Office Equipment at 15% on the reducing net book value

Page 8

GDPM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

2. Dividends


2018
£
2017
£
Dividends paid 100,000 100,000

Page 9

GDPM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

  • 3. Employees


    2018
    2017
    Average number of employees during the period 4 4

Page 10

GDPM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

4. Tangible assets

Land & buildings Office equipment Total
Cost £ £ £
At 01 September 2017 1,633,663 39,460 1,673,123
Additions - 1,012 1,012
Disposals - (2,084) (2,084)
Revaluations - - -
Transfers - - -
At 31 August 2018 1,633,663 38,388 1,672,051
Depreciation
At 01 September 2017 - 21,760 21,760
Charge for year - 3,287 3,287
On disposals - (2,084) (2,084)
Other adjustments - - -
At 31 August 2018 - 22,963 22,963
Net book value
At 31 August 2018 1,633,663 15,425 1,649,088
At 31 August 2017 1,633,663 17,700 1,651,363

Page 11

GDPM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

5. Debtors


2018
£
2017
£
Trade debtors 63,330 108,899
Prepayments and accrued income 3,963 4,933
Other debtors 383 173
Total 67,676 114,005

Page 12

GDPM LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

6.Creditors: amounts falling due within one year note


2018
£
2017
£
Taxation and social security 2,579 3,190
Accruals and deferred income 7,597 5,408
Other creditors 843 1,441
Total 11,019 10,039

Page 13