Company Registration No. 11625430 (England and Wales)
GLOBAL DEFENCE SECURITY LTD
Accounts
for the year ended 31 October 2023
GLOBAL DEFENCE SECURITY LTD
Accounts
Contents
GLOBAL DEFENCE SECURITY LTD
Statement of financial position
as at 31 October 2023
Tangible assets
10,795
4,641
Cash at bank and in hand
15,370
25,973
Creditors: amounts falling due within one year
(10,763)
(23,908)
Net current assets
36,819
34,810
Total assets less current liabilities
47,614
39,451
Creditors: amounts falling due after more than one year
(24,560)
(24,560)
Called up share capital
1
1
Profit and loss account
23,053
14,890
Shareholders' funds
23,054
14,891
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 director acknowledges his 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 and authorised for issue on 25 July 2024 and were signed on its behalf by
Anwar Ali
Director
Company Registration No. 11625430
GLOBAL DEFENCE SECURITY LTD
Notes to the Accounts
for the year ended 31 October 2023
GLOBAL DEFENCE SECURITY LTD is a private company, limited by shares, registered in England and Wales, registration number 11625430. The registered office is Office 4, 30 Uphall Road, Ilford, IG1 2JF, 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.
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.
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:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
1,820
3,350
1,497
6,667
At 31 October 2023
1,820
12,203
1,497
15,520
At 1 November 2022
696
670
660
2,026
Charge for the year
225
2,307
167
2,699
At 31 October 2023
921
2,977
827
4,725
At 31 October 2023
899
9,226
670
10,795
At 31 October 2022
1,124
2,680
837
4,641
GLOBAL DEFENCE SECURITY LTD
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Accrued income and prepayments
13,610
-
Amounts falling due after more than one year
Other debtors
18,602
32,745
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
(1,203)
(1,543)
Other creditors
5,858
17,828
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 10 (2022: 8).