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REGISTERED NUMBER: 09307164 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Global Thought Leadership Limited

Global Thought Leadership Limited (Registered number: 09307164)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Global Thought Leadership Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Dr H M Wright
H M Wright





REGISTERED OFFICE: Agricultural Hall
Skirsgill Ln
Penrith
Cumbria
CA11 0DN





REGISTERED NUMBER: 09307164 (England and Wales)





ACCOUNTANTS: Douglas Home & Co Ltd
Chartered Accountants
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Global Thought Leadership Limited (Registered number: 09307164)

Balance Sheet
30 November 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 5,334 3,521

CURRENT ASSETS
Debtors 5 34,601 28,353
Cash at bank 71,872 60,955
106,473 89,308
CREDITORS
Amounts falling due within one year 6 32,355 30,969
NET CURRENT ASSETS 74,118 58,339
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,452

61,860

PROVISIONS FOR LIABILITIES 1,000 500
NET ASSETS 78,452 61,360

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 78,352 61,260
SHAREHOLDERS' FUNDS 78,452 61,360

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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 10 April 2024 and were signed on its behalf by:



Dr H M Wright - Director


Global Thought Leadership Limited (Registered number: 09307164)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Global Thought Leadership Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on cost
Computer equipment - 25% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

Global Thought Leadership Limited (Registered number: 09307164)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2022 10,335
Additions 3,569
At 30 November 2023 13,904
DEPRECIATION
At 1 December 2022 6,814
Charge for year 1,756
At 30 November 2023 8,570
NET BOOK VALUE
At 30 November 2023 5,334
At 30 November 2022 3,521

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 13,360 20,331
Other debtors 21,241 8,022
34,601 28,353

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade creditors 117 -
Taxation and social security 10,469 16,035
Other creditors 21,769 14,934
32,355 30,969