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REGISTERED NUMBER: 02513130 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Globalstatus Limited

Globalstatus Limited (Registered number: 02513130)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Globalstatus Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr N E Goldstone
Mrs T Goldstone





SECRETARY: Mrs T Goldstone





REGISTERED OFFICE: 222 Queens Drive
Liverpool
L15 6YF





REGISTERED NUMBER: 02513130 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Globalstatus Limited (Registered number: 02513130)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 763,800 763,460

CURRENT ASSETS
Cash at bank 4,111 6,864

CREDITORS
Amounts falling due within one year 5 139,857 113,149
NET CURRENT LIABILITIES (135,746 ) (106,285 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

628,054

657,175

CREDITORS
Amounts falling due after more than one
year

6

(3,616

)

(6,899

)

PROVISIONS FOR LIABILITIES (85,398 ) (85,398 )
NET ASSETS 539,040 564,878

CAPITAL AND RESERVES
Called up share capital 307 307
Retained earnings 538,733 564,571
SHAREHOLDERS' FUNDS 539,040 564,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Globalstatus Limited (Registered number: 02513130)

Balance Sheet - continued
30 June 2024


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 Board of Directors and authorised for issue on 9 October 2024 and were signed on its behalf by:





Mr N E Goldstone - Director


Globalstatus Limited (Registered number: 02513130)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Globalstatus 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents gross rents receivable from properties.


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 - 15% on reducing balance
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Long and Computer
property leasehold fittings equipment Totals
£ £ £ £ £
COST OR VALUATION
At 1 July 2023 632,000 130,000 12,179 - 774,179
Additions - - - 845 845
At 30 June 2024 632,000 130,000 12,179 845 775,024
DEPRECIATION
At 1 July 2023 - - 10,719 - 10,719
Charge for year - - 220 285 505
At 30 June 2024 - - 10,939 285 11,224
NET BOOK VALUE
At 30 June 2024 632,000 130,000 1,240 560 763,800
At 30 June 2023 632,000 130,000 1,460 - 763,460

Globalstatus Limited (Registered number: 02513130)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30 June 2024 is represented by:

Fixtures
Freehold Long and Computer
property leasehold fittings equipment Totals
£ £ £ £ £
Valuation in 2013 354,958 - - - 354,958
Valuation in 2018 193,256 - - - 193,256
Valuation in 2022 (58,685 ) - - - (58,685 )
Valuation in 2023 (51,592 ) (4,918 ) - - (56,510 )
Cost 194,063 134,918 12,179 845 342,005
632,000 130,000 12,179 845 775,024

The properties were valued at the 30th June 2024 by the Directors.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£ £
Bank loans and overdrafts 3,200 3,200
Taxation and social security 6,408 13,174
Other creditors 130,249 96,775
139,857 113,149

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£ £
Bank loans 3,616 6,899