REGISTERED NUMBER: |
GLOBAL PAYMENTS CONSULTING SERVICES |
LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST NOVEMBER 2022 TO 19TH OCTOBER 2023 |
REGISTERED NUMBER: |
GLOBAL PAYMENTS CONSULTING SERVICES |
LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST NOVEMBER 2022 TO 19TH OCTOBER 2023 |
GLOBAL PAYMENTS CONSULTING SERVICES |
LIMITED (REGISTERED NUMBER: 12932304) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST NOVEMBER 2022 TO 19TH OCTOBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 | to | 3 |
Notes to the Financial Statements | 4 | to | 6 |
GLOBAL PAYMENTS CONSULTING SERVICES |
LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1ST NOVEMBER 2022 TO 19TH OCTOBER 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
20 Eversley Road |
Bexhill-on-Sea |
East Sussex |
TN40 1HE |
GLOBAL PAYMENTS CONSULTING SERVICES |
LIMITED (REGISTERED NUMBER: 12932304) |
BALANCE SHEET |
19TH OCTOBER 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
GLOBAL PAYMENTS CONSULTING SERVICES |
LIMITED (REGISTERED NUMBER: 12932304) |
BALANCE SHEET - continued |
19TH OCTOBER 2023 |
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 |
GLOBAL PAYMENTS CONSULTING SERVICES |
LIMITED (REGISTERED NUMBER: 12932304) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST NOVEMBER 2022 TO 19TH OCTOBER 2023 |
1. | STATUTORY INFORMATION |
Global Payments Consulting Services Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover 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 |
Motor vehicles | - |
Computer equipment | - |
Taxation |
Taxation for the period 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 period 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. |
GLOBAL PAYMENTS CONSULTING SERVICES |
LIMITED (REGISTERED NUMBER: 12932304) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST NOVEMBER 2022 TO 19TH OCTOBER 2023 |
2. | ACCOUNTING POLICIES - continued |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
COST |
At 1st November 2022 |
Additions |
At 19th October 2023 |
DEPRECIATION |
At 1st November 2022 |
Charge for period |
At 19th October 2023 |
NET BOOK VALUE |
At 19th October 2023 |
At 31st October 2022 |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Motor |
vehicles |
£ |
COST |
At 1st November 2022 |
and 19th October 2023 |
DEPRECIATION |
At 1st November 2022 |
Charge for period |
At 19th October 2023 |
NET BOOK VALUE |
At 19th October 2023 |
At 31st October 2022 |
GLOBAL PAYMENTS CONSULTING SERVICES |
LIMITED (REGISTERED NUMBER: 12932304) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST NOVEMBER 2022 TO 19TH OCTOBER 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Hire purchase contracts |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Hire purchase contracts |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
2023 | 2022 |
£ | £ |
Hire purchase contracts | 44,560 | 51,641 |
The above liability is secured against the asset to which it relates. |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary A | £1 | 50 | 50 |
Ordinary B | £1 | 50 | 50 |
100 | 100 |
10. | CHANGE OF ACCOUNTING REFERENCE DATE |
The year end has been changed from 31st October to 19th October 2023. |