Acorah Software Products - Accounts Production 16.0.110 false true false 1 November 2022 30 November 2023 30 November 2023 14455043 Mr Luis Del Cid Garcia iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14455043 2022-10-31 14455043 2023-11-30 14455043 2022-11-01 2023-11-30 14455043 frs-core:SharePremium 2023-11-30 14455043 frs-core:ShareCapital 2023-11-30 14455043 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 14455043 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-11-30 14455043 frs-bus:FilletedAccounts 2022-11-01 2023-11-30 14455043 frs-bus:SmallEntities 2022-11-01 2023-11-30 14455043 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-11-30 14455043 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-11-30 14455043 frs-core:CostValuation 2022-10-31 14455043 frs-core:AdditionsToInvestments 2023-11-30 14455043 frs-core:CostValuation 2023-11-30 14455043 frs-core:ProvisionsForImpairmentInvestments 2022-10-31 14455043 frs-core:ProvisionsForImpairmentInvestments 2023-11-30 14455043 frs-bus:Director1 2022-11-01 2023-11-30 14455043 frs-countries:EnglandWales 2022-11-01 2023-11-30
Registered number: 14455043
Global Telecommunication Investment UK Limited
Unaudited Financial Statements
For the Period 1 November 2022 to 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 14455043
30 November 2023
Notes $ $
FIXED ASSETS
Investments 4 10,000,000
10,000,000
CURRENT ASSETS
Debtors 5 9,749,238
Cash at bank and in hand 6,404,053
16,153,291
Creditors: Amounts Falling Due Within One Year 6 (1,829,934 )
NET CURRENT ASSETS (LIABILITIES) 14,323,357
TOTAL ASSETS LESS CURRENT LIABILITIES 24,323,357
NET ASSETS 24,323,357
CAPITAL AND RESERVES
Called up share capital 7 27,015,001
Share premium account 1,485,000
Profit and Loss Account (4,176,644 )
SHAREHOLDERS' FUNDS 24,323,357
Page 1
Page 2
For the period ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Luis Del Cid Garcia
Director
31/10/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Global Telecommunication Investment UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14455043 . The registered office is 27 Old Gloucester Street, London, WC1N 3AX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the was: NIL
-
4. Investments
Other
$
Cost
As at 1 November 2022 -
Additions 10,000,000
As at 30 November 2023 10,000,000
Provision
As at 1 November 2022 -
As at 30 November 2023 -
Net Book Value
As at 30 November 2023 10,000,000
As at 1 November 2022 -
5. Debtors
30 November 2023
$
Due within one year
Amounts owed by participating interests 9,749,238
6. Creditors: Amounts Falling Due Within One Year
30 November 2023
$
Other creditors 1,829,934
7. Share Capital
30 November 2023
$
Allotted, Called up and fully paid 27,015,001
Page 3