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REGISTERED NUMBER: 12462789 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

GLOBAL YOUNG MINDS LTD

GLOBAL YOUNG MINDS LTD (REGISTERED NUMBER: 12462789)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Balance Sheet 1


GLOBAL YOUNG MINDS LTD (REGISTERED NUMBER: 12462789)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
£    £   
FIXED ASSETS 1,315 1,402

CURRENT ASSETS 137,157 41,096

CREDITORS
Amounts falling due within one year (59,578 ) (14,991 )
NET CURRENT ASSETS 77,579 26,105
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,894

27,507

CREDITORS
Amounts falling due after more than one
year

(37,170

)

(40,000

)
NET ASSETS/(LIABILITIES) 41,724 (12,493 )

CAPITAL AND RESERVES 41,724 (12,493 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Global Young Minds 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: 12462789

Registered office: 62 The Street
Ashtead
Surrey
KT21 1AT

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2022 - NIL ) .

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£    £   
Mr A T Lee
Balance outstanding at start of year 34,300 -
Amounts advanced 162,364 34,300
Amounts repaid (149,617 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 47,047 34,300

GLOBAL YOUNG MINDS LTD (REGISTERED NUMBER: 12462789)

BALANCE SHEET - continued
28 FEBRUARY 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

The loan to the director was repaid in full within 9 months of the year end.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 18 October 2023 and were signed by:





Mr A T Lee - Director