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Company Registration No. 12234072 (England and Wales)
GLOBAL EXPOSURE LTD Unaudited accounts for the year ended 30 September 2024
GLOBAL EXPOSURE LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,674 
13,164 
Current assets
Debtors
41,155 
26,662 
Cash at bank and in hand
18,805 
11,933 
59,960 
38,595 
Creditors: amounts falling due within one year
(44,851)
(19,653)
Net current assets
15,109 
18,942 
Total assets less current liabilities
24,783 
32,106 
Creditors: amounts falling due after more than one year
(3,183)
(5,964)
Net assets
21,600 
26,142 
Capital and reserves
Called up share capital
101 
100 
Share premium
19,990 
19,990 
Profit and loss account
1,509 
6,052 
Shareholders' funds
21,600 
26,142 
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 December 2024 and were signed on its behalf by
Reece Callum Hussain Director Company Registration No. 12234072
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GLOBAL EXPOSURE LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
GLOBAL EXPOSURE LTD is a private company, limited by shares, registered in England and Wales, registration number 12234072. The registered office is 100 Avebury Boulevard, Milton Keynes, Buckinghamshire, MK9 1FH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
straight line over 3 years
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
10,951 
10,622 
21,573 
Additions
- 
1,428 
1,428 
At 30 September 2024
10,951 
12,050 
23,001 
Depreciation
At 1 October 2023
3,557 
4,852 
8,409 
Charge for the year
1,848 
3,070 
4,918 
At 30 September 2024
5,405 
7,922 
13,327 
Net book value
At 30 September 2024
5,546 
4,128 
9,674 
At 30 September 2023
7,394 
5,770 
13,164 
- 3 -
GLOBAL EXPOSURE LTD Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,949 
7,751 
Accrued income and prepayments
2,629 
1,650 
Other debtors
12,577 
17,261 
41,155 
26,662 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,841 
2,900 
VAT
8,837 
9,026 
Trade creditors
12,370 
2,503 
Taxes and social security
16,100 
- 
Other creditors
3,259 
180 
Accruals
1,444 
5,044 
44,851 
19,653 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,183 
5,964 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary A shares of £1 each
100 
100 
1 Ordinary B shares of £1 each
1 
- 
101 
100 
Shares issued during the period:
1 Ordinary B shares of £1 each
1 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Reece Callum Hussain
Directors Loan
17,177 
10,386 
17,177 
10,386 
17,177 
10,386 
17,177 
10,386 
During the year, the company advanced the director £10,386 - this loan had no repayment terms and interest has been charged on the loan.
- 4 -
GLOBAL EXPOSURE LTD Notes to the Accounts for the year ended 30 September 2024
10
Average number of employees
During the year the average number of employees was 4 (2023: 5).
- 5 -