Registered number: 6920955 | ||||||||
FOR THE YEAR ENDED 31/10/2023 | ||||||||
Prepared By: | ||||||||
Lindrick Accountancy Services Limited | ||||||||
205 Outgang Lane | ||||||||
Sheffield | ||||||||
S25 3QY |
Globetrace Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/10/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
SOUTH YORKSHIRE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 6920955 | ||||||||
ACCOUNTANTS | ||||||||
Lindrick Accountancy Services Limited | ||||||||
205 Outgang Lane | ||||||||
Sheffield | ||||||||
S25 3QY |
Globetrace Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/10/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Globetrace Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
40,893 | 63,889 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (26,009) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | 40,267 | 47,844 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Globetrace Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/10/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 15% | |||||||
Fixtures and Fittings | reducing balance 15% | |||||||
Equipment | reducing balance 15% | |||||||
Motor Cars | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 5 | |||||
Globetrace Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||||
Plant and | Fixtures | |||||||||
Machinery | and Fittings | Equipment | Motor Cars | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 01/11/2022 | 70,740 | 3,962 | 13,833 | 130,928 | 219,463 | |||||
Additions | - | - | 7,836 | - | 7,836 | |||||
At 31/10/2023 | 70,740 | 3,962 | 21,669 | 130,928 | 227,299 | |||||
Depreciation | ||||||||||
At 01/11/2022 | 30,126 | 3,183 | 8,350 | 103,851 | 145,510 | |||||
For the year | 4,660 | 117 | 2,022 | 6,769 | 13,568 | |||||
At 31/10/2023 | 34,786 | 3,300 | 10,372 | 110,620 | 159,078 | |||||
Net Book Amounts | ||||||||||
At 31/10/2023 | 68,221 | |||||||||
At 31/10/2022 | 73,953 | |||||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 1,624 | 5,105 | ||||||
Prepayments | 11,535 | 11,011 | ||||||
13,159 | 16,116 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 19,085 | 3,426 | ||||||
VAT | 7,239 | 7,735 | ||||||
PAYE control | - | 577 | ||||||
Directors current account | 37,305 | 47,494 | ||||||
Trade creditors | 3,719 | 29,349 | ||||||
Pension schemes | 139 | 117 | ||||||
Accruals | 1,260 | 1,200 | ||||||
68,747 | 89,898 | |||||||
Globetrace Limited | ||||||||
6. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||