GLOBAL INDUSTRIES LIMITED

Company Registration Number:
00416337 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

GLOBAL INDUSTRIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

GLOBAL INDUSTRIES LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 12,734 16,069
Investments: 4 3,345,000 3,345,000
Total fixed assets: 3,357,734 3,361,069
Current assets
Stocks: 67,959 8,697
Debtors:   207,210 352,531
Cash at bank and in hand: 67,987 49,631
Total current assets: 343,156 410,859
Creditors: amounts falling due within one year:   (711,187) (384,096)
Net current assets (liabilities): (368,031) 26,763
Total assets less current liabilities: 2,989,703 3,387,832
Provision for liabilities: (376,309) (376,309)
Total net assets (liabilities): 2,613,394 3,011,523
Capital and reserves
Called up share capital: 100,000 100,000
Revaluation reserve:52,021,2392,021,239
Profit and loss account: 492,155 890,284
Shareholders funds: 2,613,394 3,011,523

The notes form part of these financial statements

GLOBAL INDUSTRIES LIMITED

Balance sheet statements

For the year ending 31 December 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 07 June 2024
and signed on behalf of the board by:

Name: A Keshishian
Status: Director

The notes form part of these financial statements

GLOBAL INDUSTRIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

GLOBAL INDUSTRIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

GLOBAL INDUSTRIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 202,819
At 31 December 2023 202,819
Depreciation
At 01 January 2023 186,750
Charge for year 3,335
At 31 December 2023 190,085
Net book value
At 31 December 2023 12,734
At 31 December 2022 16,069

GLOBAL INDUSTRIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

Investment Properties

GLOBAL INDUSTRIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Revaluation reserve

2023
£
Balance at 01 January 2023 2,021,239
Surplus or deficit after revaluation 0
Balance at 31 December 2023 2,021,239