GLOBAL MARKETS CONSULTANTS LIMITED

Company Registration Number:
04883297 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

GLOBAL MARKETS CONSULTANTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

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

GLOBAL MARKETS CONSULTANTS LIMITED

Company Information

for the Period Ended 31 December 2022




Director: PREM BABU GOYAL
Registered office: Apartment 33.07
One Bishopsgate Plaza
80 Houndsditch
London
England
EC3A 7AB
Company Registration Number: 04883297 (England and Wales)

GLOBAL MARKETS CONSULTANTS LIMITED

Directors' Report Period Ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Directors

The directors shown below have held office during the whole of the period from 01 January 2022 to 31 December 2022
PREM BABU GOYAL

This report was approved by the board of directors on 29 September 2023
And Signed On Behalf Of The Board By:

Name: PREM BABU GOYAL
Status: Director

GLOBAL MARKETS CONSULTANTS LIMITED

Profit and Loss Account

for the Period Ended 31 December 2022


Notes

2022
£

2021
£
Gross Profit or (Loss) ( 15,300 ) ( 13,200 )
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 64,247 ) ( 52,451 )
Operating Profit or (Loss) ( 79,547 ) ( 65,651 )
Interest Receivable and Similar Income 5,195 5,439
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 74,352 ) ( 60,212 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 74,352 ) ( 60,212 )

The notes form part of these financial statements

GLOBAL MARKETS CONSULTANTS LIMITED

Balance sheet

As at 31 December 2022


Notes

2022
£

2021
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 2,651 2,749
Total fixed assets: 2,651 2,749
Current assets
Stocks: 0 0
Debtors: 46 13,840
Cash at bank and in hand: 442,674 584,796
Total current assets: 442,720 598,636
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 86,266 ) ( 167,928 )
Net current assets (liabilities): 356,454 430,708
Total assets less current liabilities: 359,105 433,457
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 359,105 433,457

The notes form part of these financial statements

GLOBAL MARKETS CONSULTANTS LIMITED

Balance sheet continued

As at 31 December 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 6 0 0
Profit and loss account: 359,005 433,357
Shareholders funds: 359,105 433,457

For the year ending 31 December 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 29 September 2023
And Signed On Behalf Of The Board By:

Name: PREM BABU GOYAL
Status: Director

The notes form part of these financial statements

GLOBAL MARKETS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 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

GLOBAL MARKETS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees


    2022

    2021
    Average number of employees during the period 3 3

GLOBAL MARKETS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 3. Off balance sheet disclosure

    No

GLOBAL MARKETS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 4. Intangible assets

    Total
    Cost £
    At 01 January 2022 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 December 2022 0
    Amortisation
    Amortisation at 01 January 2022 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 December 2022 0
    Net book value
    Net book value at 31 December 2022 0
    Net book value at 31 December 2021 0

GLOBAL MARKETS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Tangible Assets

Total
Cost £
At 01 January 2022 24,265
Additions 1,509
Disposals (0)
Revaluations 0
Transfers 0
At 31 December 2022 25,774
Depreciation
At 01 January 2022 21,516
Charge for year 1,607
On disposals (0)
Other adjustments 0
At 31 December 2022 23,123
Net book value
At 31 December 2022 2,651
At 31 December 2021 2,749

GLOBAL MARKETS CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Revaluation reserve


2022
£
Balance at 01 January 2022 0
Surplus or deficit after revaluation 0
Balance at 31 December 2022 0