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REGISTERED NUMBER: 08277035 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021

FOR

GLOBAL CONSTRUCTION & ERECTION SERVICES
LIMITED

GLOBAL CONSTRUCTION & ERECTION SERVICES
LIMITED (REGISTERED NUMBER: 08277035)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


GLOBAL CONSTRUCTION & ERECTION SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2021







DIRECTOR: Mr M R R Kyte





REGISTERED OFFICE: Evolution House
Iceni Court
Delft Way
Norwich
Norfolk
NR6 6BB





REGISTERED NUMBER: 08277035 (England and Wales)





ACCOUNTANTS: Farnell Clarke Limited
Evolution House
Delft Way
Norwich Airport
Norwich
Norfolk
NR6 6BB

GLOBAL CONSTRUCTION & ERECTION SERVICES
LIMITED (REGISTERED NUMBER: 08277035)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 482 768

CURRENT ASSETS
Debtors 5 28,740 21,713
Cash at bank 13,416 14,585
42,156 36,298
CREDITORS
Amounts falling due within one year 6 31,169 21,139
NET CURRENT ASSETS 10,987 15,159
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,469

15,927

CREDITORS
Amounts falling due after more than one year 7 (11,200 ) (15,733 )

PROVISIONS FOR LIABILITIES (91 ) -
NET ASSETS 178 194

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 78 94
SHAREHOLDERS' FUNDS 178 194

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 September 2022 and were signed by:



Mr M R R Kyte - Director


GLOBAL CONSTRUCTION & ERECTION SERVICES
LIMITED (REGISTERED NUMBER: 08277035)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

1. STATUTORY INFORMATION

Global Construction & Erection Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

GLOBAL CONSTRUCTION & ERECTION SERVICES
LIMITED (REGISTERED NUMBER: 08277035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 December 2020
and 30 November 2021 1,871 499 2,370
DEPRECIATION
At 1 December 2020 1,588 14 1,602
Charge for year 122 164 286
At 30 November 2021 1,710 178 1,888
NET BOOK VALUE
At 30 November 2021 161 321 482
At 30 November 2020 283 485 768

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 7,105 -
S455 debtor 4,971 3,381
Directors' current accounts 16,601 11,710
VAT 63 -
Accrued income - 6,622
28,740 21,713

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 3,200 267
Trade creditors 156 935
Corporation tax 27,813 18,675
VAT - 1,262
31,169 21,139

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Bank loans - 1-2 years 3,200 3,200
Bank loans - 2-5 years 8,000 9,600
Bank loans more 5 yr by instal - 2,933
11,200 15,733

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 2,933

GLOBAL CONSTRUCTION & ERECTION SERVICES
LIMITED (REGISTERED NUMBER: 08277035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2021 and 30 November 2020:

2021 2020
£    £   
Mr M R R Kyte
Balance outstanding at start of year 11,710 5,233
Amounts advanced 18,317 16,009
Amounts repaid (13,426 ) (9,532 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 16,601 11,710

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £30,200 (2020 - £25,100) were paid to the director .

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M R R Kyte.