Company registration number 13216242 (England and Wales)
GLOBAL PANTRY LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
GLOBAL PANTRY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
GLOBAL PANTRY LIMITED
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
2023
Notes
£
£
CURRENT ASSETS
Debtors
2
477
Cash at bank and in hand
12,858
16,142
13,335
16,142
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3
(77,499)
(77,499)
NET CURRENT LIABILITIES
(64,164)
(61,357)
CAPITAL AND RESERVES
Called up share capital
1
1
Profit and loss reserves
(64,165)
(61,358)
TOTAL EQUITY
(64,164)
(61,357)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 22 January 2025 and are signed on its behalf by:
Mubarik Ali
Director
Company registration number 13216242 (England and Wales)
GLOBAL PANTRY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 2 -
1
ACCOUNTING POLICIES
Company information
Global Pantry Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1-3 Stadium Close, Penarth Road, Cardiff, CF11 8TS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
The accounts show that the company had net liabilities of £64,164 at the balance sheet date. The directors have therefore had to consider the appropriateness of the going concern basis.
The company has been able to finance its operations because of the support from its parent company. Were this support not available, the company may not be able to continue as a going concern.
The directors are confident that the company will be able to meet its obligations for at least the next twelve months with the continuing support of this creditor. They therefore consider it appropriate to prepare the accounts on the going concern basis.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2
DEBTORS
2024
2023
Amounts falling due within one year:
£
£
Other debtors
477
GLOBAL PANTRY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 3 -
3
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
£
£
Amounts owed to group undertakings
74,999
74,999
Other creditors
2,500
2,500
77,499
77,499
4
AUDIT REPORT INFORMATION
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.
The auditor's report is unqualified and includes the following:
Senior Statutory Auditor:
Ataf Salim
Statutory Auditor:
Kilsby & Williams LLP
Date of audit report:
22 January 2025
5
PARENT COMPANY
The company's ultimate and immediate parent is Global Foods Limited, a company registered in England and Wales. The results of the company are not consolidated into the accounts of Global Foods Limited on the basis they are not material to the group.
The directors are of the opinion that the company is controlled by the executors of The Mohammed Yaqub Will Trust.