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REGISTERED NUMBER: 05105519 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2023 TO 30 APRIL 2024

FOR

GLOBIS LTD

GLOBIS LTD (REGISTERED NUMBER: 05105519)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2023 TO 30 APRIL 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

GLOBIS LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JULY 2023 TO 30 APRIL 2024







DIRECTORS: J R T Fallow
Ms E C L Lewis
C L Lewis





REGISTERED OFFICE: Frogmore House
Ormond Place
Cheltenham
Gloucestershire
GL50 1JD





REGISTERED NUMBER: 05105519 (England and Wales)





ACCOUNTANTS: BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX

GLOBIS LTD (REGISTERED NUMBER: 05105519)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 243

CURRENT ASSETS
Debtors 51,552 286,389
Cash at bank 17,742 167,492
69,294 453,881
CREDITORS
Amounts falling due within one year (15,981 ) (202,582 )
NET CURRENT ASSETS 53,313 251,299
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,313

251,542

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 52,313 250,542
SHAREHOLDERS' FUNDS 53,313 251,542

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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.

GLOBIS LTD (REGISTERED NUMBER: 05105519)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the period ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 November 2024 and were signed on its behalf by:





J R T Fallow - Director


GLOBIS LTD (REGISTERED NUMBER: 05105519)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2023 TO 30 APRIL 2024

1. STATUTORY INFORMATION

Globis Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period 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 statement of financial position date.

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 period was 3 (2023 - 4 ) .

GLOBIS LTD (REGISTERED NUMBER: 05105519)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2023 TO 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023 944
Disposals (944 )
At 30 April 2024 -
DEPRECIATION
At 1 July 2023 701
Charge for period 196
Eliminated on disposal (897 )
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 June 2023 243

5. RELATED PARTY DISCLOSURES

Bridge Builders Mentoring

A company which Mr C Lewis (deceased) was a trustee


Previously included in Other Debtors was a balance of £3,323 which is the balance owed from Bridge Builders, this is a credit given to the company for charges made in earlier periods.During the period, this amount was settled in full.

30.4.24 30.6.23
£    £   
Amount due from related party at the balance sheet date - 3,323

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GLOBIS LTD

The following reproduces the text of the report prepared for the directors 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Globis Ltd for the period ended 30 April 2024 which comprise the Income Statement, Abridged Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Globis Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Globis Ltd and state those matters that we have agreed to state to the Board of Directors of Globis Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Globis Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Globis Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Globis Ltd. You consider that Globis Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Globis Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX


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