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REGISTERED NUMBER: 09100555 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th June 2024

for

Global Domains Limited

Global Domains Limited (Registered number: 09100555)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Global Domains Limited

Company Information
for the Year Ended 30th June 2024







DIRECTOR: J D Richardson





REGISTERED OFFICE: 29a Crown Street
Brentwood
Essex
CM14 4BA





REGISTERED NUMBER: 09100555 (England and Wales)





ACCOUNTANTS: Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA

Global Domains Limited (Registered number: 09100555)

Balance Sheet
30th June 2024

30.6.24 30.6.23
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 200,330 200,330
Tangible assets 5 238,858 261,329
439,188 461,659

CURRENT ASSETS
Stocks 28,874 28,874
Debtors 6 286,455 165,991
Cash at bank 18,205 21,944
333,534 216,809
CREDITORS
Amounts falling due within one year 7 129,032 104,342
NET CURRENT ASSETS 204,502 112,467
TOTAL ASSETS LESS CURRENT
LIABILITIES

643,690

574,126

CREDITORS
Amounts falling due after more than one
year

8

8,168

17,009

PROVISIONS FOR LIABILITIES 19,396 21,508

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 616,026 535,509
SHAREHOLDERS' FUNDS 616,126 535,609
643,690 574,126

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Global Domains Limited (Registered number: 09100555)

Balance Sheet - continued
30th June 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th February 2025 and were signed by:





J D Richardson - Director


Global Domains Limited (Registered number: 09100555)

Notes to the Financial Statements
for the Year Ended 30th June 2024

1. STATUTORY INFORMATION

Global Domains Limited 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.

Revenue recognition
Revenue represents net invoiced sales of goods and services, and excludes Value Added Tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website domains are being amortised evenly over their estimated useful life of 5 years down to their estimated residual values.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and Straight line over 12 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 1 (2023 - 1 ) .

Global Domains Limited (Registered number: 09100555)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1st July 2023
and 30th June 2024 216,057
AMORTISATION
At 1st July 2023
and 30th June 2024 15,727
NET BOOK VALUE
At 30th June 2024 200,330
At 30th June 2023 200,330

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1st July 2023 398,350
Additions 16,083
At 30th June 2024 414,433
DEPRECIATION
At 1st July 2023 137,021
Charge for year 38,554
At 30th June 2024 175,575
NET BOOK VALUE
At 30th June 2024 238,858
At 30th June 2023 261,329

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£ £
Trade debtors 17,152 25,800
Other debtors 269,303 140,191
286,455 165,991

Global Domains Limited (Registered number: 09100555)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£ £
Bank loans and overdrafts 9,371 9,371
Trade creditors 1,266 -
Taxation 29,204 21,438
VAT 7,145 9,950
Other creditors 387 790
Deferred income 35,482 46,833
Director's loan account 30,000 -
Accrued expenses 16,177 15,960
129,032 104,342

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£ £
Bank loans - 1-2 years 8,168 17,009

9. RELATED PARTY DISCLOSURES

Digital Sports Group Ltd
During the year, the company invoiced Digital Sports Group Ltd, a company under common control, for various services amounting to £117,130 (2023: £112,622). The amount due to the company from Digital Sports Group Ltd at the year-end amounted to £21,522 (2023: £12,060).

Brokersure Group Ltd
During the year, the company invoiced consultancy fees to Brokersure Group Ltd, a company in which J.D. Richardson is a director and shareholder, amounting to £60,000 (2023: £60,000). The amount due to the company from Brokersure Group Ltd at the year-end amounted to £Nil (2023: £12,000).

Reginald Developments Ltd
The company previously advanced an interest-free loan to Reginald Developments Ltd, a company in which J.D. Richardson is a director and shareholder. The amount due to the company from Reginald Developments Ltd at the year-end amounted to £170,691 (2023: £139,691).

Stationery UK Limited
During the year, the company advanced an interest-free loan to Stationery UK Limited, a company in which J.D. Richardson is a director and shareholder. The amount due to the company from Stationery UK Limited in relation to this loan at the year-end amounted to £86,111 (2023: £Nil).

During the year, the company invoiced Stationery UK Limited for various services amounting to £16,705 (2023: £17,650). The amount due to the company from Stationery UK Limited Limited in respect of these services at the year-end amounted to £1,430 (2023: £1,740).

Transactions with the director
During the year, the director advanced the company an interest free loan. The balance due to the director at the year-end in respect of this loan amounted to £30,000 (2023: £Nil).

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Global Domains Limited

The following reproduces the text of the report prepared for the director 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director 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 Global Domains Limited for the year ended 30th June 2024 which comprise the Income Statement, Balance Sheet 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 director of Global Domains Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Global Domains Limited and state those matters that we have agreed to state to the director of Global Domains Limited 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 Global Domains Limited and its director for our work or for this report.

It is your duty to ensure that Global Domains Limited 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 profit of Global Domains Limited. You consider that Global Domains Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Global Domains Limited. 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.






Moulton Johnson Limited
Chartered Accountants
29a Crown Street
Brentwood
Essex
CM14 4BA


4th March 2025