Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-015false7the provision of an ecommerce platformtruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14425643 2024-01-01 2024-12-31 14425643 2022-10-18 2023-12-31 14425643 2024-12-31 14425643 2023-12-31 14425643 c:Director1 2024-01-01 2024-12-31 14425643 d:CurrentFinancialInstruments 2024-12-31 14425643 d:CurrentFinancialInstruments 2023-12-31 14425643 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 14425643 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14425643 d:ShareCapital 2024-12-31 14425643 d:ShareCapital 2023-12-31 14425643 d:RetainedEarningsAccumulatedLosses 2024-12-31 14425643 d:RetainedEarningsAccumulatedLosses 2023-12-31 14425643 c:OrdinaryShareClass1 2024-01-01 2024-12-31 14425643 c:OrdinaryShareClass1 2024-12-31 14425643 c:OrdinaryShareClass1 2023-12-31 14425643 c:FRS102 2024-01-01 2024-12-31 14425643 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14425643 c:FullAccounts 2024-01-01 2024-12-31 14425643 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14425643 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14425643









GLOPAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
GLOPAL LIMITED
REGISTERED NUMBER: 14425643

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 4 
51,335
56,057

Cash at bank and in hand
  
80,229
19,394

  
131,564
75,451

Creditors: amounts falling due within one year
 5 
(65,528)
(55,282)

NET CURRENT ASSETS
  
 
 
66,036
 
 
20,169

TOTAL ASSETS LESS CURRENT LIABILITIES
  
66,036
20,169

  

NET ASSETS
  
66,036
20,169


CAPITAL AND RESERVES
  

Called up share capital 
 6 
1
1

Profit and loss account
  
66,035
20,168

  
66,036
20,169


Page 1

 
GLOPAL LIMITED
REGISTERED NUMBER: 14425643
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers 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 director acknowledges his 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 by: 



P Smarzynski
Director

Date: 8 April 2025

Page 2

 
GLOPAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


GENERAL INFORMATION

Glopal Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Salisbury House, Station Road, Cambridge, CB1 2LA. 

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.

 
2.3

TURNOVER

Turnover comprises recharges to the parent company, inclusive of a mark-up. Revenue is recognised as the fair value of the consideration received or receivable and is recognised in relation to when the recharged costs are incurred. 

 
2.4

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.

Page 3

 
GLOPAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.5

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.

 
2.6

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.

 
2.7

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.8

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
GLOPAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.9

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.



3.


EMPLOYEES

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


4.


DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£


Amounts owed by group undertakings
50,339
55,147

Other debtors
-
190

Prepayments and accrued income
720
720

Deferred taxation
276
-

51,335
56,057


Page 5

 
GLOPAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
16,746
1,863

Corporation tax
13,753
5,077

Other taxation and social security
1,371
23,559

Other creditors
2,699
3,379

Accruals and deferred income
30,959
21,404

65,528
55,282


Included within other creditors is an amount of £2,482 (2023: £3,379) payable to the Company's defined contribution pension scheme.


6.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1 (2023 - 1) Ordinary share of £1
1
1


 
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