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Company Registration No. 10144620 (England and Wales)
GLOBAL SHIPPING CONTAINERS LIMITED Unaudited accounts for the year ended 30 April 2024
GLOBAL SHIPPING CONTAINERS LIMITED Unaudited accounts Contents
Page
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GLOBAL SHIPPING CONTAINERS LIMITED Company Information for the year ended 30 April 2024
Directors
Mr Peter Moss Peter Moss
Company Number
10144620 (England and Wales)
Registered Office
34 NEWDOWN ROAD LIVERPOOL MERSEYSIDE L11 0DF ENGLAND
Accountants
Eighty Twenty Business Limited Bluebells Grane Road Haslingden Lancashire BB4 4AT
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GLOBAL SHIPPING CONTAINERS LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,571 
3,521 
Current assets
Inventories
43,000 
3,000 
Debtors
56,718 
71,126 
Cash at bank and in hand
1,489 
54,912 
101,207 
129,038 
Creditors: amounts falling due within one year
(102,818)
(99,299)
Net current (liabilities)/assets
(1,611)
29,739 
Total assets less current liabilities
(40)
33,260 
Creditors: amounts falling due after more than one year
(26,650)
(32,302)
Net (liabilities)/assets
(26,690)
958 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(26,691)
957 
Shareholders' funds
(26,690)
958 
For the year ending 30 April 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by
Mr Peter Moss Director Company Registration No. 10144620
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GLOBAL SHIPPING CONTAINERS LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
GLOBAL SHIPPING CONTAINERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10144620. The registered office is 34 NEWDOWN ROAD, LIVERPOOL, MERSEYSIDE, L11 0DF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard 102 Section 1A.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Reducing Balance
Motor vehicles
25% Reducing Balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.
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GLOBAL SHIPPING CONTAINERS LIMITED Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
5,750 
5,500 
11,250 
At 30 April 2024
5,750 
5,500 
11,250 
Depreciation
At 1 May 2023
3,604 
4,125 
7,729 
Charge for the year
575 
1,375 
1,950 
At 30 April 2024
4,179 
5,500 
9,679 
Net book value
At 30 April 2024
1,571 
- 
1,571 
At 30 April 2023
2,146 
1,375 
3,521 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
56,718 
71,126 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
701 
20,840 
Trade creditors
122,442 
51,606 
Taxes and social security
5,051 
1,097 
Loans from directors
(25,376)
25,756 
102,818 
99,299 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
26,650 
32,302 
Coronavirus Bounce Back Loan
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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