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
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
GLOBAL GREEN ENERGY & POWER CORPORATION LIMITED
Statement of financial position
as at 31 October 2023
Investments
15,000,000
15,000,000
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
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
GLOBAL GREEN ENERGY & POWER CORPORATION LIMITED
Notes to the Accounts
for the year ended 31 October 2023
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.
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.
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 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.
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.
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.
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.
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
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,445
2,445
Other creditors
41,548
2,964,366
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).