G-MOTION GLOBAL LIMITED

Company Registration Number:
SC697628 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

G-MOTION GLOBAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

G-MOTION GLOBAL LIMITED

Company Information

for the Period Ended 31 May 2024




Director: JOSHUA OLAKUNORI
Registered office: 23
Achnacarry Street
Edinburgh
GB-SCT
EH17 8GP
Company Registration Number: SC697628 (Scotland)

G-MOTION GLOBAL LIMITED

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 7,017 7,601
Distribution Costs ( 8,181 ) ( 7,587 )
Administrative Expenses ( 6,526 ) ( 3,635 )
Operating Profit or (Loss) ( 7,690 ) ( 3,621 )
Profit or (Loss) Before Tax ( 7,690 ) ( 3,621 )
Profit or (Loss) for Period ( 7,690 ) ( 3,621 )

The notes form part of these financial statements

G-MOTION GLOBAL LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 8,000 12,000
Total fixed assets: 8,000 12,000
Current assets
Cash at bank and in hand: 1,302 332
Total current assets: 1,302 332
Creditors: amounts falling due within one year: ( 6,028 ) ( 4,996 )
Net current assets (liabilities): ( 4,726 ) ( 4,664 )
Total assets less current liabilities: 3,274 7,336
Creditors: amounts falling due after more than one year: ( 16,747 ) ( 13,118 )
Total net assets (liabilities): ( 13,473 ) ( 5,782 )

The notes form part of these financial statements

G-MOTION GLOBAL LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 13,474 ) ( 5,783 )
Shareholders funds: ( 13,473 ) ( 5,782 )

For the year ending 31 May 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 November 2024
And Signed On Behalf Of The Board By:

Name: JOSHUA OLAKUNORI
Status: Director

The notes form part of these financial statements

G-MOTION GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

G-MOTION GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

G-MOTION GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

G-MOTION GLOBAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 20,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2024 20,000
Depreciation
At 01 June 2023 8,000
Charge for year 4,000
On disposals -
Other adjustments -
At 31 May 2024 12,000
Net book value
At 31 May 2024 8,000
At 31 May 2023 12,000

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