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REGISTERED NUMBER: 09736751 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023

FOR

GLOBAL FREIGHT HOLDINGS LIMITED

GLOBAL FREIGHT HOLDINGS LIMITED (REGISTERED NUMBER: 09736751)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GLOBAL FREIGHT HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023







DIRECTOR: Ms J K Tiwana





REGISTERED OFFICE: 4th & 5th Floor
14-15 Lower Grosvenor Place
London
SW1W 0EX





REGISTERED NUMBER: 09736751 (England and Wales)





ACCOUNTANTS: AKS Advisers
Fourth & Fifth Floors
14-15 Lower Grosvenor Place
London
SW1W 0EX

GLOBAL FREIGHT HOLDINGS LIMITED (REGISTERED NUMBER: 09736751)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 30.10.22
Notes £    £    £    £   
FIXED ASSETS
Investments 5 466,717 466,717

CURRENT ASSETS
Debtors 6 48,798 24,472
Cash at bank and in hand 576 24,729
49,374 49,201
CREDITORS
Amounts falling due within one year 7 300,506 298,505
NET CURRENT LIABILITIES (251,132 ) (249,304 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

215,585

217,413

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 215,485 217,313
SHAREHOLDERS' FUNDS 215,585 217,413

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 August 2024 and were signed by:





Ms J K Tiwana - Director


GLOBAL FREIGHT HOLDINGS LIMITED (REGISTERED NUMBER: 09736751)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023


1. STATUTORY INFORMATION

Global Freight Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 31 October 2022
and 31 October 2023 466,717
NET BOOK VALUE
At 31 October 2023 466,717
At 30 October 2022 466,717

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 30.10.22
£    £   
Amounts owed by group undertakings 48,798 24,472

GLOBAL FREIGHT HOLDINGS LIMITED (REGISTERED NUMBER: 09736751)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 30.10.22
£    £   
Trade creditors 1 -
Amounts owed to group undertakings 152,480 11,780
Other creditors 148,025 286,725
300,506 298,505

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms J K Tiwana by virtue of her directorship and shareholding in the company.