GVI WORLD LIMITED

Company Registration Number:
10626777 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

GVI WORLD LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

GVI WORLD LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 302 310
Total fixed assets: 302 310
Current assets
Stocks: 0 0
Debtors: 4 5,883,281 5,205,003
Cash at bank and in hand: 3,176 756
Investments:   0 0
Total current assets: 5,886,457 5,205,759
Creditors: amounts falling due within one year: 5 (5,853,731) (5,159,561)
Net current assets (liabilities): 32,726 46,198
Total assets less current liabilities: 33,028 46,508
Creditors: amounts falling due after more than one year:   (32,387) (42,094)
Provision for liabilities: 0 0
Total net assets (liabilities): 641 4,414
Capital and reserves
Called up share capital: 420 420
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 221 3,994
Shareholders funds: 641 4,414

The notes form part of these financial statements

GVI WORLD LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 February 2024
and signed on behalf of the board by:

Name: Brett Akker
Status: Director

The notes form part of these financial statements

GVI WORLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GVI WORLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 4 4

GVI WORLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Fixed investments

2021 Shares in group undertakings and participating interests £3102022 Shares in group undertakings and participating interests £302

GVI WORLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

GVI WORLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2021Trade Creditors 277148Amounts owed to group undertakings 4283476Corporation tax 83736Other taxation and social security 23836Other creditors 491365Total 51595612022Trade Creditors 794016Amounts owed to group undertakings 2896225Corporation tax 92261Other taxation and social security 43539Other creditors 2027690Total 5853731

GVI WORLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Related party transactions

Name of the related party: Global Vision International Limited
Relationship:
Subsidiary
Description of the Transaction: Amounts owed to group undertakings
£
Balance at 01 January 2022 3,660,903
Balance at 31 December 2022 2,896,225