Company Registration No. 12245701 (England and Wales)
G2 Global Corp UK LTD
Unaudited accounts
for the year ended 31 October 2023
G2 Global Corp UK LTD
Unaudited accounts
Contents
G2 Global Corp UK LTD
Company Information
for the year ended 31 October 2023
Directors
A E Slarke
G2 GLOBAL CORP HK LTD
Company Number
12245701 (England and Wales)
Registered Office
2 Fairfield Road
Paulerspury
Towcester
Northamptonshire
NN12 7NB
England
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
G2 Global Corp UK LTD
Statement of financial position
as at 31 October 2023
Tangible assets
1,419
1,891
Debtors
5,338,023
5,219,462
Cash at bank and in hand
275
177,742
Creditors: amounts falling due within one year
(852,161)
(863,025)
Net current assets
4,486,137
4,534,179
Net assets
4,487,556
4,536,070
Called up share capital
5,000,000
5,000,000
Profit and loss account
(512,444)
(463,930)
Shareholders' funds
4,487,556
4,536,070
For the year ending 31 October 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by
A E Slarke
Director
Company Registration No. 12245701
G2 Global Corp UK LTD
Notes to the Accounts
for the year ended 31 October 2023
G2 Global Corp UK LTD is a private company, limited by shares, registered in England and Wales, registration number 12245701. The registered office is 2 Fairfield Road, Paulerspury, Towcester, Northamptonshire, NN12 7NB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
65,685
70,142
Amounts falling due after more than one year
Amounts due from group undertakings etc.
5,272,338
5,149,320
G2 Global Corp UK LTD
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
857,175
867,833
Taxes and social security
(5,014)
(5,014)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Accounts
70,142
(7,457)
(3,000)
65,685
70,142
(7,457)
(3,000)
65,685
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Average number of employees
During the year the average number of employees was 0 (2022: 0).