Registered number
06823791
S4 - GLOBAL LIMITED
Filleted Accounts
29 March 2024
SAUNDERS & RICHARD LIMITED
Chartered Certified Accountants
187 WOODHOUSE ROAD
NORTH FINCHLEY
LONDON
N12 9AY
15193A-14
S4 - GLOBAL LIMITED
Registered number: 06823791
Balance Sheet
as at 29 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 22,100
Investments 4 148,503 148,503
148,503 170,603
Current assets
Debtors 5 547,249 564,839
Cash at bank and in hand 59,789 77,962
607,038 642,801
Creditors: amounts falling due within one year 6 (289,213) (336,433)
Net current assets 317,825 306,368
Total assets less current liabilities 466,328 476,971
Provisions for liabilities - (4,199)
Net assets 466,328 472,772
Capital and reserves
Called up share capital 3,000 3,000
Profit and loss account 463,328 469,772
Shareholders' funds 466,328 472,772
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr. A Khan
Director
Approved by the board on 11 March 2025
S4 - GLOBAL LIMITED
Notes to the Accounts
for the year ended 29 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plane 20% p.a on straight line
Fixtures, fittings and equipment 25% p.a on straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plane Fixtures, Fittings & Equipment Total
£ £ £
Cost
At 30 March 2023 110,500 1,250 111,750
At 29 March 2024 110,500 1,250 111,750
Depreciation
At 30 March 2023 88,400 1,250 89,650
Charge for the year 22,100 - 22,100
At 29 March 2024 110,500 1,250 111,750
Net book value
At 29 March 2024 - - -
At 29 March 2023 22,100 - 22,100
4 Investments
Other
investments
£
Cost
At 30 March 2023 148,503
At 29 March 2024 148,503
5 Debtors 2024 2023
£ £
Trade debtors 58,884 64,946
Amounts owed by group undertakings and undertakings in which the company has a participating interest 488,365 499,893
547,249 564,839
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 21,795 30,907
Directors Loans 204,700 117,735
Taxation and social security costs 27,645 56,062
Other creditors 35,073 131,729
289,213 336,433
7 Controlling party
The company is controlled by A Khan, P M D Ferreira and Trent Holding B.V by virtue of having ownership of 100% of the issued ordinary share capital in the company.
8 Other information
S4 - GLOBAL LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
187 WOODHOUSE ROAD
NORTH FINCHLEY
LONDON
N12 9AY
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