GLOBALLY DIGITAL LTD

Company Registration Number:
07747924 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

GLOBALLY DIGITAL LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

GLOBALLY DIGITAL LTD

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 45,328 49,206
Total fixed assets: 45,328 49,206
Current assets
Stocks: 3,125 18,792
Debtors:   2,872,164 2,694,891
Cash at bank and in hand: 40,154 1,553,451
Investments:   18,337 200,837
Total current assets: 2,933,780 4,467,971
Creditors: amounts falling due within one year:   (563,353) (786,036)
Net current assets (liabilities): 2,370,427 3,681,935
Total assets less current liabilities: 2,415,755 3,731,141
Provision for liabilities: (5,451) (5,451)
Total net assets (liabilities): 2,410,304 3,725,690
Capital and reserves
Called up share capital: 5,000 5,000
Profit and loss account: 2,405,304 3,720,690
Shareholders funds: 2,410,304 3,725,690

The notes form part of these financial statements

GLOBALLY DIGITAL LTD

Balance sheet statements

For the year ending 31 July 2023 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 24 July 2024
and signed on behalf of the board by:

Name: Julian Groves
Status: Director

The notes form part of these financial statements

GLOBALLY DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

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

GLOBALLY DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 3 4

GLOBALLY DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 79,028
Additions 35,674
Disposals (30,643)
At 31 July 2023 84,059
Depreciation
At 01 August 2022 29,822
Charge for year 8,909
At 31 July 2023 38,731
Net book value
At 31 July 2023 45,328
At 31 July 2022 49,206

GLOBALLY DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Related party transactions

Name of the related party:
Relationship:
Company under common control
Description of the Transaction: Loans Provided
£
Balance at 01 August 2022 1,639,323
Balance at 31 July 2023 1,316,046
Name of the related party:
Relationship:
Company under common control
Description of the Transaction: Loan Provided by Company
£
Balance at 01 August 2022 526,575
Balance at 31 July 2023 1,534,399