1 July 2023 false No description of principal activity Taxfiler 2024.6 10284086business:PrivateLimitedCompanyLtd2023-07-012024-06-30 102840862023-06-30 102840862023-07-012024-06-30 10284086business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 10284086business:FilletedAccounts2023-07-012024-06-30 102840862024-06-30 102840862023-06-30 10284086core:WithinOneYear2024-06-30 10284086core:WithinOneYear2023-06-30 10284086core:AfterOneYear2024-06-30 10284086core:AfterOneYear2023-06-30 10284086core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 10284086core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 10284086core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 10284086core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 10284086core:PreviouslyStatedAmount2024-06-30 10284086core:PreviouslyStatedAmount2023-06-30 10284086business:SmallEntities2023-07-012024-06-30 10284086business:Director12023-07-012024-06-30 10284086countries:EnglandWales2023-07-012024-06-30 10284086business:RegisteredOffice2023-07-012024-06-30 102840862022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 10284086 (England and Wales)
Global Business Advisors LTD Unaudited accounts for the year ended 30 June 2024
Global Business Advisors LTD Unaudited accounts Contents
Page
- 2 -
Global Business Advisors LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
56,297 
7,496 
Creditors: amounts falling due within one year
(31,162)
- 
Net current assets
25,135 
7,496 
Total assets less current liabilities
25,135 
7,496 
Creditors: amounts falling due after more than one year
(11,625)
(15,000)
Net assets/(liabilities)
13,510 
(7,504)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
13,509 
(7,505)
Shareholders' funds
13,510 
(7,504)
For the year ending 30 June 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 his 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 27 August 2024 and were signed on its behalf by
SUKHSHANT S SANDHU Director Company Registration No. 10284086
- 3 -
Global Business Advisors LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Global Business Advisors LTD is a private company, limited by shares, registered in England and Wales, registration number 10284086. The registered office is 5th Floor, 167-169 Great Portland Street,, LONDON, W1W 5PF.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,020 
- 
Loans from directors
28,142 
- 
31,162 
- 
5
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,625 
15,000 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 4 -