0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 06907012 2022-06-01 2023-05-31 06907012 2023-05-31 06907012 2022-05-31 06907012 2021-06-01 2022-05-31 06907012 2022-05-31 06907012 2021-05-31 06907012 bus:Director1 2022-06-01 2023-05-31 06907012 core:WithinOneYear 2023-05-31 06907012 core:WithinOneYear 2022-05-31 06907012 core:ShareCapital 2023-05-31 06907012 core:ShareCapital 2022-05-31 06907012 core:RetainedEarningsAccumulatedLosses 2023-05-31 06907012 core:RetainedEarningsAccumulatedLosses 2022-05-31 06907012 bus:SmallEntities 2022-06-01 2023-05-31 06907012 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 06907012 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 06907012 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 06907012 bus:FullAccounts 2022-06-01 2023-05-31
COMPANY REGISTRATION NUMBER: 06907012
GLOBAL REAL ESTATE GRP LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 May 2023
GLOBAL REAL ESTATE GRP LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 2023
CONTENTS
PAGES
Statement of financial position
1
Notes to the financial statements
2
GLOBAL REAL ESTATE GRP LIMITED
STATEMENT OF FINANCIAL POSITION
31 May 2023
2023
2022
Note
£
£
£
CURRENT ASSETS
Debtors
4
287,239
476,341
Cash at bank and in hand
193,329
400,491
---------
---------
480,568
876,832
CREDITORS: amounts falling due within one year
5
( 239,085)
( 624,673)
---------
---------
NET CURRENT ASSETS
241,483
252,159
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
241,483
252,159
---------
---------
NET ASSETS
241,483
252,159
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
241,383
252,059
---------
---------
SHAREHOLDERS FUNDS
241,483
252,159
---------
---------
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 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have 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 13 November 2023 , and are signed on behalf of the board by:
K Andrews
Director
Company registration number: 06907012
GLOBAL REAL ESTATE GRP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MAY 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 237 Acklam Road, Middlesbrough, TS5 7AB.
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. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of services supplied, exclusive of Value Added Tax.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. DEBTORS
2023
2022
£
£
Other debtors
287,239
476,341
---------
---------
5. CREDITORS: amounts falling due within one year
2023
2022
£
£
Trade creditors
37,387
76,915
Corporation tax
846
Social security and other taxes
34,107
Amounts due to related companies
200,175
Other creditors
1,523
512,805
---------
---------
239,085
624,673
---------
---------