GLOBERISK LIMITED

Company Registration Number:
05573672 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

GLOBERISK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

GLOBERISK LIMITED

Company Information

for the Period Ended 31 December 2021




Director: Dr Angela Smith
Secretary: Dr Angela Smith
Registered office: St Saviours Vicarage
133 Ditchling Road
Brighton
East Sussex
BN1 4SE
Company Registration Number: 05573672 (England and Wales)

GLOBERISK LIMITED

Directors' Report Period Ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal Activities

Management Consultancy

Political and charitable donations

None

Company policy on the employment of disabled persons

GlobeRisk currently has no employees

Directors

The directors shown below have held office during the whole of the period from 01 January 2021 to 31 December 2021
Dr Angela Smith

Secretary
Dr Angela Smith

This report was approved by the board of directors on 31 March 2022
And Signed On Behalf Of The Board By:

Name: Dr Angela Smith
Status: Director

GLOBERISK LIMITED

Profit and Loss Account

for the Period Ended 31 December 2021


Notes

2021
£

2020
£
Turnover 75,443 139,438
Gross Profit or (Loss) 75,443 139,438
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 9,404 ) ( 5,800 )
Operating Profit or (Loss) 66,039 133,638
Profit or (Loss) Before Tax 66,039 133,638
Tax on Profit ( 13,278 ) ( 28,610 )
Profit or (Loss) for Period 52,761 105,028

The notes form part of these financial statements

GLOBERISK LIMITED

Balance sheet

As at 31 December 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 5 5,500 5,500
Total fixed assets: 5,500 5,500
Current assets
Stocks: 791,822 737,629
Debtors: 6 105 96
Cash at bank and in hand: 4,646 16,564
Total current assets: 796,573 754,289
Creditors: amounts falling due within one year: 7 ( 38,344 ) ( 38,821 )
Net current assets (liabilities): 758,229 715,468
Total assets less current liabilities: 763,729 720,968
Total net assets (liabilities): 763,729 720,968

The notes form part of these financial statements

GLOBERISK LIMITED

Balance sheet continued

As at 31 December 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 763,728 720,967
Shareholders funds: 763,729 720,968

For the year ending 31 December 2021 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 March 2022
And Signed On Behalf Of The Board By:

Name: Dr Angela Smith
Status: Director

The notes form part of these financial statements

GLOBERISK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 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

    Trading Inventory is valued on accounting date and unrealised profit/loss take into income

    Tangible fixed assets depreciation policy

    no depreciation is applied

    Intangible fixed assets amortisation policy

    no depreciation is applied

    Other accounting policies

    Bad Debts are written off six months after date of invoice

GLOBERISK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 0 0

GLOBERISK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 3. Off balance sheet disclosure

    No

GLOBERISK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Dividends


2021
£

2020
£
Dividends paid 10,000 3,000

Dividend for year ending December 2021 will be paid one half in March 2022 and one half in June 2022

GLOBERISK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Tangible assets

Land & buildings Total
Cost £ £
At 01 January 2021 5,500 5,500
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2021 5,500 5,500
Depreciation
At 01 January 2021 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 December 2021 - -
Net book value
At 31 December 2021 5,500 5,500
At 31 December 2020 5,500 5,500

GLOBERISK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6. Debtors


2021
£

2020
£
Other debtors 105 96
Total 105 96

GLOBERISK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

7.Creditors: amounts falling due within one year note


2021
£

2020
£
Trade creditors 635 616
Taxation and social security 27,850 31,061
Other creditors 9,859 7,144
Total 38,344 38,821