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REGISTERED NUMBER: 09352195 (England and Wales)


UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

GLOBAL BUSINESS INFORMATION LIMITED

GLOBAL BUSINESS INFORMATION LIMITED (REGISTERED NUMBER: 09352195)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

GLOBAL BUSINESS INFORMATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTOR: Miss C E Bryan





REGISTERED OFFICE: Independence House
14a Nelson Street
Southend-on-Sea
Essex
SS1 1EF





REGISTERED NUMBER: 09352195 (England and Wales)





ACCOUNTANTS: Ashton Wallace
Chartered Certified Accountants
Independence House
14a Nelson Street
Southend-on-Sea
Essex
SS1 1EF

GLOBAL BUSINESS INFORMATION LIMITED (REGISTERED NUMBER: 09352195)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,106 6,145
Investments 5 6,150 -
11,256 6,145

CURRENT ASSETS
Debtors 6 230,419 212,555
Cash at bank 1,519,768 1,190,957
1,750,187 1,403,512
CREDITORS
Amounts falling due within one year 7 217,156 216,354
NET CURRENT ASSETS 1,533,031 1,187,158
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,544,287

1,193,303

PROVISIONS FOR LIABILITIES 8 1,277 1,168
NET ASSETS 1,543,010 1,192,135

CAPITAL AND RESERVES
Called up share capital 9 3 3
Retained earnings 1,543,007 1,192,132
SHAREHOLDERS' FUNDS 1,543,010 1,192,135

GLOBAL BUSINESS INFORMATION LIMITED (REGISTERED NUMBER: 09352195)

BALANCE SHEET - continued
31ST DECEMBER 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 9th September 2024 and were signed by:





Miss C E Bryan - Director


GLOBAL BUSINESS INFORMATION LIMITED (REGISTERED NUMBER: 09352195)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

Global Business Information 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. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

GLOBAL BUSINESS INFORMATION LIMITED (REGISTERED NUMBER: 09352195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st January 2023 3,550 30,936 34,486
Additions 2,903 1,767 4,670
At 31st December 2023 6,453 32,703 39,156
DEPRECIATION
At 1st January 2023 2,127 26,214 28,341
Charge for year 1,084 4,625 5,709
At 31st December 2023 3,211 30,839 34,050
NET BOOK VALUE
At 31st December 2023 3,242 1,864 5,106
At 31st December 2022 1,423 4,722 6,145

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 6,150
At 31st December 2023 6,150
NET BOOK VALUE
At 31st December 2023 6,150

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 88,957 117,178
Other debtors 141,462 95,377
230,419 212,555

GLOBAL BUSINESS INFORMATION LIMITED (REGISTERED NUMBER: 09352195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 492 (48 )
Taxation and social security 180,856 197,877
Other creditors 35,808 18,525
217,156 216,354

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,277 1,168

Deferred
tax
£   
Balance at 1st January 2023 1,168
Provided during year 109
Balance at 31st December 2023 1,277

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2
1 Ordinary A £1 1 1
3 3

GLOBAL BUSINESS INFORMATION LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
GLOBAL BUSINESS INFORMATION LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st December 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Ashton Wallace
Chartered Certified Accountants
Independence House
14a Nelson Street
Southend-on-Sea
Essex
SS1 1EF


Date: .............................................