Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-312023-04-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10064931 2023-04-01 2024-03-31 10064931 2022-04-01 2023-03-31 10064931 2024-03-31 10064931 2023-03-31 10064931 c:Director1 2023-04-01 2024-03-31 10064931 c:Director2 2023-04-01 2024-03-31 10064931 c:RegisteredOffice 2023-04-01 2024-03-31 10064931 d:CurrentFinancialInstruments 2024-03-31 10064931 d:CurrentFinancialInstruments 2023-03-31 10064931 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10064931 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10064931 d:ShareCapital 2024-03-31 10064931 d:ShareCapital 2023-03-31 10064931 d:RetainedEarningsAccumulatedLosses 2024-03-31 10064931 d:RetainedEarningsAccumulatedLosses 2023-03-31 10064931 c:FRS102 2023-04-01 2024-03-31 10064931 c:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 10064931 c:FullAccounts 2023-04-01 2024-03-31 10064931 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10064931 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 10064931










HLBS GLOBAL MARKETING LTD.








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
HLBS GLOBAL MARKETING LTD.
 
 
COMPANY INFORMATION


Directors
Peter Gabriel 
Garth Orlando Dallas 




Registered number
10064931



Registered office
89 Spa Road

London

SE16 3SG




Accountants
Greenback Alan LLP
Chartered Accountants

89 Spa Road

London

SE16 3SG





 
HLBS GLOBAL MARKETING LTD.
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HLBS GLOBAL MARKETING LTD.
FOR THE YEAR ENDED 31 MARCH 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of HLBS Global Marketing Ltd. for the year ended 31 March 2024 which comprise the 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 at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of HLBS Global Marketing Ltd., as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of HLBS Global Marketing Ltd. and state those matters that we have agreed to state to the Board of Directors of HLBS Global Marketing Ltd., as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HLBS Global Marketing Ltd. and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that HLBS Global Marketing Ltd. 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 loss of HLBS Global Marketing Ltd.. You consider that HLBS Global Marketing Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of HLBS Global Marketing Ltd.. 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.

  



Greenback Alan LLP
 
Chartered Accountants
  
89 Spa Road
London
SE16 3SG
25 March 2025
Page 1

 
HLBS GLOBAL MARKETING LTD.
REGISTERED NUMBER: 10064931

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
204,705
213,190

Cash at bank and in hand
 5 
108
920

  
204,813
214,110

Creditors: amounts falling due within one year
 6 
(412,345)
(421,595)

Net current liabilities
  
 
 
(207,532)
 
 
(207,485)

Total assets less current liabilities
  
(207,532)
(207,485)

  

Net liabilities
  
(207,532)
(207,485)


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
(207,542)
(207,495)

  
(207,532)
(207,485)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 March 2025.




Peter Gabriel
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
HLBS GLOBAL MARKETING LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

HLBS Global Marketing Ltd. is a private company limited by shares, incorporated in England and Wales.  The address of the company's registered office is 89 Spa Road, London, SE16 3SG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
HLBS GLOBAL MARKETING LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Trade debtors
103,616
83,700

Amounts owed by group undertakings
101,079
129,480

Called up share capital not paid
10
10

204,705
213,190



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
108
920

Less: bank overdrafts
(191)
-

(83)
920


Page 4

 
HLBS GLOBAL MARKETING LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
191
-

Trade creditors
177,116
142,173

Amounts owed to group undertakings
40
43

Corporation tax
7,566
7,566

Accruals and deferred income
227,432
271,813

412,345
421,595



7.


Controlling party

The company's parent company is DP Global Holding Ltd. The ultimate controlling party is Peter Gabriel by virtue of his shareholding in DP Global Holding Ltd.

 
Page 5