GVI PROGRAMS LIMITED

Company Registration Number:
10632333 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

GVI PROGRAMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

GVI PROGRAMS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 153 13
Investments: 4 126 50
Total fixed assets: 279 63
Current assets
Stocks: 0 0
Debtors:   362,080 6,886,702
Cash at bank and in hand: 5,919 30,359
Investments:   0 0
Total current assets: 367,999 6,917,061
Creditors: amounts falling due within one year: 5 (5,325,786) (11,845,431)
Net current assets (liabilities): (4,957,787) (4,928,370)
Total assets less current liabilities: (4,957,508) (4,928,307)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): (4,957,508) (4,928,307)
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (4,957,509) (4,928,308)
Shareholders funds: (4,957,508) (4,928,307)

The notes form part of these financial statements

GVI PROGRAMS LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 April 2025
and signed on behalf of the board by:

Name: RMC Walton
Status: Director

The notes form part of these financial statements

GVI PROGRAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GVI PROGRAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 2 1

GVI PROGRAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 14,883
Additions 140
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 15,023
Depreciation
At 01 January 2023 14,870
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2023 14,870
Net book value
At 31 December 2023 153
At 31 December 2022 13

GVI PROGRAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

2023 Shares in group undertakings and participating interests £126 2022 Shares in group undertakings and participating interests £50

GVI PROGRAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 Trade creditors £358,884 Amounts owed to group undertakings £728,290 Other creditors £4,238,612 Total £5,325,786 Included in other creditors are amounts received from participants who have not yet travelled. As at the end of 2023 this amounted to £2,805,385 (2022: £3,772,881). Included in other creditors are amounts owing to GVI Travel Limited £1,150,391 (2022: £306,584 included in Amounts owed to group undertakings). These amounts also represent amounts received from participants who have not yet travelled. 2022 Trade creditors £1,602,012 Amounts owed to group undertakings £3,105,806 Other creditors £7,137,613 Total £11,845,431

GVI PROGRAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Related party transactions

Name of the related party: GVI Teams (Pty) Ltd
Relationship:
Subsidiary
Description of the Transaction: Money lent
£
Balance at 01 January 2023 2,392,661
Balance at 31 December 2023 23,363
Name of the related party: Global Vision International Limited
Relationship:
Fellow subsidiary
Description of the Transaction: Money advanced
£
Balance at 01 January 2023 0
Balance at 31 December 2023 102,991
Name of the related party: Experiential Education South Africa (Pty) Ltd
Relationship:
Subsidiary
Description of the Transaction: Money advanced
£
Balance at 01 January 2023 0
Balance at 31 December 2023 23,035
Name of the related party: GVI USA Inc
Relationship:
Subsidiary
Description of the Transaction: Money advanced
£
Balance at 01 January 2023 0
Balance at 31 December 2023 66,794
Name of the related party: Bushwise Field Guides (Pty) Ltd
Relationship:
Subsidiary
Description of the Transaction: Money advanced
£
Balance at 01 January 2023 577,431
Balance at 31 December 2023 535,470