GLOBAL NORTH LONDON BUSINESS SCHOOL LIMITED

Company Registration Number:
08252373 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

GLOBAL NORTH LONDON BUSINESS SCHOOL LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

GLOBAL NORTH LONDON BUSINESS SCHOOL LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 231 231
Total fixed assets: 231 231
Current assets
Debtors: 4 57,780 119,500
Cash at bank and in hand: 4,095 1,749
Total current assets: 61,875 121,249
Creditors: amounts falling due within one year: 5 (26,226) (85,480)
Net current assets (liabilities): 35,649 35,769
Total assets less current liabilities: 35,880 36,000
Creditors: amounts falling due after more than one year: 6 (14,500) (17,500)
Total net assets (liabilities): 21,380 18,500
Capital and reserves
Called up share capital: 1 1
Other reserves: 16,151 13,969
Profit and loss account: 5,228 4,530
Shareholders funds: 21,380 18,500

The notes form part of these financial statements

GLOBAL NORTH LONDON BUSINESS SCHOOL LIMITED

Balance sheet statements

For the year ending 31 October 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 30 June 2024
and signed on behalf of the board by:

Name: Bola Benson
Status: Director

The notes form part of these financial statements

GLOBAL NORTH LONDON BUSINESS SCHOOL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 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

Turnover policy

Turnover represents net invoiced sales of services excluding value added tax

GLOBAL NORTH LONDON BUSINESS SCHOOL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 35 25

GLOBAL NORTH LONDON BUSINESS SCHOOL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 231
At 31 October 2023 231
Depreciation
At 01 November 2022 0
At 31 October 2023 0
Net book value
At 31 October 2023 231
At 31 October 2022 231

GLOBAL NORTH LONDON BUSINESS SCHOOL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 57,780 119,500

GLOBAL NORTH LONDON BUSINESS SCHOOL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

Corporation Tax £1,226Other Creditors Capital One £25,000

GLOBAL NORTH LONDON BUSINESS SCHOOL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Creditors: amounts falling due after more than one year note

Bounce Back Loan £14500