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REGISTERED NUMBER: 11420235 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Global Integrated Group Limited

Global Integrated Group Limited (Registered number: 11420235)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Global Integrated Group Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs A E Giannikaki





SECRETARY: Mrs A E Giannikaki





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





REGISTERED NUMBER: 11420235 (England and Wales)

Global Integrated Group Limited (Registered number: 11420235)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 43,657 52,744
Investments 6 2,400 -
46,057 52,744

CURRENT ASSETS
Debtors 7 23,701 55,068
Cash at bank 41,388 205,079
65,089 260,147
CREDITORS
Amounts falling due within one year 8 6,045 35,668
NET CURRENT ASSETS 59,044 224,479
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,101

277,223

PROVISIONS FOR LIABILITIES 3,283 5,884
NET ASSETS 101,818 271,339

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 101,718 271,239
101,818 271,339

Global Integrated Group Limited (Registered number: 11420235)

Balance Sheet - continued
30 June 2024


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

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

The director acknowledges her 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.

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 7 March 2025 and were signed by:





Mrs A E Giannikaki - Director


Global Integrated Group Limited (Registered number: 11420235)

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


1. STATUTORY INFORMATION

Global Integrated Group 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 reducing balance and 15% on reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.


Global Integrated Group Limited (Registered number: 11420235)

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


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 5 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 73,485
Additions 1,684
At 30 June 2024 75,169
DEPRECIATION
At 1 July 2023 20,741
Charge for year 10,771
At 30 June 2024 31,512
NET BOOK VALUE
At 30 June 2024 43,657
At 30 June 2023 52,744

Global Integrated Group Limited (Registered number: 11420235)

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


6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 2,400
At 30 June 2024 2,400
NET BOOK VALUE
At 30 June 2024 2,400

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,900 9,792
Tax 12,200 38,167
VAT 7,601 7,109
23,701 55,068

Other debtors consists of a rental deposit of £3,900 (2023 - £6,073) and other debtors of £Nil (2023 - £3,719).

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 297 1,231
Taxation and social security 3,190 29,315
Other creditors 2,558 5,122
6,045 35,668

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 16,068 16,068
Between one and five years 24,102 40,170
40,170 56,238