Company Registration No. 08568447 (England and Wales)
Global Admin Services Limited
Unaudited accounts
for the year ended 31 May 2024
Global Admin Services Limited
Unaudited accounts
Contents
Global Admin Services Limited
Company Information
for the year ended 31 May 2024
Director
Vanessa Alexandra Welsh
Company Number
08568447 (England and Wales)
Registered Office
32 Gravel Close
Downton
Salisbury
SP5 3JQ
Accountants
Forest Edge Accountancy
2 Appletree Close
Redlynch
Salisbury
Wiltshire
SP5 2JG
Global Admin Services Limited
Statement of financial position
as at 31 May 2024
Tangible assets
18,337
32,334
Investments
227,511
227,511
Debtors
1,176,493
1,170,113
Cash at bank and in hand
10,091
19,691
Creditors: amounts falling due within one year
(309,550)
(307,177)
Net current assets
877,034
882,627
Net assets
1,122,882
1,142,472
Called up share capital
10
10
Profit and loss account
1,122,872
1,142,462
Shareholders' funds
1,122,882
1,142,472
For the year ending 31 May 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 director acknowledges her 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 and authorised for issue on 11 February 2025 and were signed on its behalf by
Vanessa Alexandra Welsh
Director
Company Registration No. 08568447
Global Admin Services Limited
Notes to the Accounts
for the year ended 31 May 2024
Global Admin Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08568447. The registered office is 32 Gravel Close, Downton, Salisbury, SP5 3JQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
69,993
21,689
91,682
At 31 May 2024
69,993
21,689
91,682
At 1 June 2023
37,659
21,689
59,348
Charge for the year
13,997
-
13,997
At 31 May 2024
51,656
21,689
73,345
At 31 May 2024
18,337
-
18,337
At 31 May 2023
32,334
-
32,334
5
Investments
Other investments
Valuation at 1 June 2023
227,511
Valuation at 31 May 2024
227,511
Global Admin Services Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Other debtors
1,176,493
1,170,113
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
13,569
Loans from directors
63,941
(11)
Deferred income
245,059
293,059
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
11
7,053
71,005
(63,941)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).