1 November 2022 false No description of principal activity Taxfiler 2024.5 12252277business:PrivateLimitedCompanyLtd2022-11-012023-10-31 122522772022-10-31 122522772022-11-012023-10-31 12252277business:AuditExemptWithAccountantsReport2022-11-012023-10-31 12252277business:FilletedAccounts2022-11-012023-10-31 122522772023-10-31 12252277business:Director12022-11-012023-10-31 12252277business:RegisteredOffice2022-11-012023-10-31 122522772022-10-31 12252277core:WithinOneYear2023-10-31 12252277core:WithinOneYear2022-10-31 12252277core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 12252277core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 12252277core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 12252277core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 12252277core:PreviouslyStatedAmount2023-10-31 12252277core:PreviouslyStatedAmount2022-10-31 12252277business:SmallEntities2022-11-012023-10-31 12252277countries:EnglandWales2022-11-012023-10-31 122522772021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12252277 (England and Wales)
Global Trade Supplies Limited Unaudited accounts for the year ended 31 October 2023
Global Trade Supplies Limited Unaudited accounts Contents
Page
- 2 -
Global Trade Supplies Limited Company Information for the year ended 31 October 2023
Director
Neil Meyrick Martland
Company Number
12252277 (England and Wales)
Registered Office
UNIT 20 MELTON ENTERPRISE PARK REDCLIFF MELTON NORTH FERRIBY HU14 3RS ENGLAND
Accountants
Kendall Accountancy Services Limited 2 Exeter Street New Village Road Cottingham East Yorkshire HU16 4LU
- 3 -
Global Trade Supplies Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
- 
10 
Cash at bank and in hand
- 
14 
- 
24 
Creditors: amounts falling due within one year
(176)
(200)
Net current liabilities
(176)
(176)
Net liabilities
(176)
(176)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(276)
(276)
Shareholders' funds
(176)
(176)
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 29 July 2024 and were signed on its behalf by
Neil Meyrick Martland Director Company Registration No. 12252277
- 4 -
Global Trade Supplies Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Global Trade Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 12252277. The registered office is UNIT 20 MELTON ENTERPRISE PARK REDCLIFF , MELTON, NORTH FERRIBY, HU14 3RS, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
- 
10 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
- 
100 
Loans from directors
176 
(100)
Accruals
- 
200 
176 
200 
- 5 -
Global Trade Supplies Limited Notes to the Accounts for the year ended 31 October 2023
6
Transactions with related parties
At 31st October 2021 Global Trade Supplies Limited owed Alexis Filters Limited £0 (2020 £33) At 31st October 2021 Global Trade Supplies Limited owed Filter-mart Limited £100.00 (2020 £0) At 31st October 2021 Filterstar Limited owed Global Supplies Limited £10 (2020 £0) This loan is interest free and repayable on demand
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -