1 November 2022 false No description of principal activity Taxfiler 2024.5 10416104business:PrivateLimitedCompanyLtd2022-11-012023-10-31 104161042022-10-31 10416104business:EntityNoLongerTradingButTradedInPast2022-11-012023-10-31 104161042022-11-012023-10-31 10416104business:AuditExempt-NoAccountantsReport2022-11-012023-10-31 10416104business:FilletedAccounts2022-11-012023-10-31 104161042023-10-31 10416104business:Director12022-11-012023-10-31 10416104business:Director22022-11-012023-10-31 10416104business:RegisteredOffice2022-11-012023-10-31 104161042022-10-31 10416104core:WithinOneYear2023-10-31 10416104core:WithinOneYear2022-10-31 10416104core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 10416104core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 10416104core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 10416104core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 10416104core:PreviouslyStatedAmount2023-10-31 10416104core:PreviouslyStatedAmount2022-10-31 10416104business:SmallEntities2022-11-012023-10-31 10416104countries:EnglandWales2022-11-012023-10-31 104161042021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 10416104 (England and Wales)
GLOBAL GREEN ENERGY & POWER CORPORATION LIMITED Unaudited accounts for the year ended 31 October 2023
GLOBAL GREEN ENERGY & POWER CORPORATION LIMITED Unaudited accounts Contents
Page
- 2 -
GLOBAL GREEN ENERGY & POWER CORPORATION LIMITED Company Information for the year ended 31 October 2023
Directors
ANUBHAV KACKER SHAILYA PANCHARIYA
Company Number
10416104 (England and Wales)
Registered Office
1 MANCHESTER SQUARE LONDON W1U 3AB ENGLAND
Accountants
RMR Partnership LLP 3rd Floor, Vyman House 104 College Road Harrow Middlesex HA1 1BQ
- 3 -
GLOBAL GREEN ENERGY & POWER CORPORATION LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
15,000,000 
15,000,000 
Current assets
Debtors
- 
2,922,818 
Creditors: amounts falling due within one year
(44,593)
(2,966,811)
Net current liabilities
(44,593)
(43,993)
Net assets
14,955,407 
14,956,007 
Capital and reserves
Called up share capital
15,000,100 
15,000,100 
Profit and loss account
(44,693)
(44,093)
Shareholders' funds
14,955,407 
14,956,007 
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 directors acknowledge their 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 of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by
SHAILYA PANCHARIYA Director Company Registration No. 10416104
- 4 -
GLOBAL GREEN ENERGY & POWER CORPORATION LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
GLOBAL GREEN ENERGY & POWER CORPORATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10416104. The registered office is 1 MANCHESTER SQUARE, LONDON, W1U 3AB, 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.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairments losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any ipairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised tranaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
- 5 -
GLOBAL GREEN ENERGY & POWER CORPORATION LIMITED Notes to the Accounts for the year ended 31 October 2023
4
Investments
Other investments 
£ 
Valuation at 1 November 2022
15,000,000 
Valuation at 31 October 2023
15,000,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
2,922,818 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
2,445 
2,445 
Other creditors
41,548 
2,964,366 
Accruals
600 
- 
44,593 
2,966,811 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -