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REGISTERED NUMBER: 12884232 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2022

for

Global Real Estate Enterprises Ltd

Global Real Estate Enterprises Ltd (Registered number: 12884232)






Contents of the Financial Statements
for the Year Ended 30 September 2022




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Global Real Estate Enterprises Ltd (Registered number: 12884232)

Statement of Financial Position
30 September 2022

30.9.22 30.9.21
Notes £    £    £    £   
FIXED ASSETS
Investments 4 50 -
Investment property 5 - 149,211
50 149,211

CURRENT ASSETS
Debtors 6 66,197 18,020
Cash at bank 8,875 10,663
75,072 28,683
CREDITORS
Amounts falling due within one year 7 32,026 35,728
NET CURRENT ASSETS/(LIABILITIES) 43,046 (7,045 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,096

142,166

CREDITORS
Amounts falling due after more than
one year

8

65,954

150,000
NET LIABILITIES (22,858 ) (7,834 )

Global Real Estate Enterprises Ltd (Registered number: 12884232)

Statement of Financial Position - continued
30 September 2022

30.9.22 30.9.21
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (22,958 ) (7,934 )
SHAREHOLDERS' FUNDS (22,858 ) (7,834 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by:





Mr Martijn Van Embden - Director


Global Real Estate Enterprises Ltd (Registered number: 12884232)

Notes to the Financial Statements
for the Year Ended 30 September 2022

1. STATUTORY INFORMATION

Global Real Estate Enterprises Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12884232

Registered office: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE

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
Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
The investment property has been stated at cost. The Board do not consider the fair value of the property to be materially different to the value disclosed.

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.


Global Real Estate Enterprises Ltd (Registered number: 12884232)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

2. ACCOUNTING POLICIES - continued
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.

Going concern
The company has net liabilities of £22,858. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. FIXED ASSET INVESTMENTS
Unlisted
investment
£   
COST
Additions 50
At 30 September 2022 50
NET BOOK VALUE
At 30 September 2022 50

Global Real Estate Enterprises Ltd (Registered number: 12884232)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

5. INVESTMENT PROPERTY
Total
£   
COST
At 1 October 2021 149,211
Additions 6,013
Disposals (155,224 )
At 30 September 2022 -
NET BOOK VALUE
At 30 September 2022 -
At 30 September 2021 149,211

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Other debtors 66,197 18,020

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Other creditors 32,026 35,728

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.22 30.9.21
£    £   
Other creditors 65,954 150,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.22 30.9.21
value: £    £   
100 Ordinary £1 100 100

Global Real Estate Enterprises Ltd (Registered number: 12884232)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

10. RELATED PARTY DISCLOSURES

The company owes £31,594 to its director, Mr Martijn Van Embden who is also a 70% shareholder of the company as at accounting year end date.

The company owes £282 to its director, Ms Marina Dokter who is also a 30% shareholder of the company as at accounting year end date.

The company was owed £65,987 as at accounting year end date from Global Real Estate Trading Ltd, a company registered in United Kingdom (Company registered number: 12883857). Mr Martijn Van Embden and Ms Marina Dokter are also directors and 100% shareholders of this company.