COMPANY REGISTRATION NUMBER:
08861528
Global Land Record Partners Limited |
|
Filleted Unaudited Financial Statements |
|
Global Land Record Partners Limited |
|
Statement of Financial Position |
|
31 March 2023
|
2023 |
2022 |
Note |
£ |
£ |
£ |
Creditors: amounts falling due within one year |
4 |
115,020 |
|
115,020 |
|
--------- |
|
--------- |
Net current liabilities |
|
115,020 |
115,020 |
|
|
--------- |
--------- |
Total assets less current liabilities |
|
(
115,020) |
(
115,020) |
|
|
--------- |
--------- |
|
|
|
|
|
Capital and reserves
Called up share capital |
|
100 |
100 |
Profit and loss account |
|
(
115,120) |
(
115,120) |
|
|
--------- |
--------- |
Shareholder deficit |
|
(
115,020) |
(
115,020) |
|
|
--------- |
--------- |
|
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
6 October 2023
, and are signed on behalf of the board by:
Company registration number:
08861528
Global Land Record Partners Limited |
|
Notes to the Financial Statements |
|
Year ended 31 March 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 180 Piccadilly, London, W1J 9HF.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts have been prepared on the going concern basis. The going concern basis is believed to be appropriate due to the continued support of the company's parent company. Having considered the level of losses incurred to date, the directors are of the opinion that the company is still in a position to continue trading, and that the parent company will provide adequate support to ensure that the debts incurred in the normal course of business may be settled as they fall due.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
4.
Creditors:
amounts falling due within one year
|
2023 |
2022 |
|
£ |
£ |
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
115,020 |
115,020 |
|
--------- |
--------- |
|
|
|
5.
Related party transactions
The company was under the control of Mr
A C F Nissen
throughout the period. Mr A C F Nissen
is the managing director and majority shareholder of the parent Company. Nissen & Partners Company Limited is the parent Company. The balance due at the year end was £115,020 (previous year - £115,020).
6.
Controlling party
The Parent Company is Nissen & Partners Company Limited. The controller of the Parent Company is Mr
A C F Nissen
.