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Company Registration No. 12745266 (England and Wales)
GALAXY MOBILE LONDON LTD Unaudited accounts for the year ended 31 July 2024
GALAXY MOBILE LONDON LTD Unaudited accounts Contents
Page
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GALAXY MOBILE LONDON LTD Company Information for the year ended 31 July 2024
Director
Kamran Iqbal
Company Number
12745266 (England and Wales)
Registered Office
71a Church Street, Croydon, England, CR0 1RH
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GALAXY MOBILE LONDON LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,049 
1,166 
Current assets
Inventories
17,241 
4,423 
Cash at bank and in hand
70 
314 
17,311 
4,737 
Creditors: amounts falling due within one year
(24,223)
(11,302)
Net current liabilities
(6,912)
(6,565)
Net liabilities
(5,863)
(5,399)
Capital and reserves
Share premium
1 
1 
Profit and loss account
(5,864)
(5,400)
Shareholders' funds
(5,863)
(5,399)
For the year ending 31 July 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 28 April 2025 and were signed on its behalf by
Kamran Iqbal Director Company Registration No. 12745266
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GALAXY MOBILE LONDON LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
GALAXY MOBILE LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 12745266. The registered office is 71a Church Street, , Croydon, , England,, CR0 1RH.
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.
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:
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
1,000 
600 
1,600 
At 31 July 2024
1,000 
600 
1,600 
Depreciation
At 1 August 2023
271 
163 
434 
Charge for the year
73 
44 
117 
At 31 July 2024
344 
207 
551 
Net book value
At 31 July 2024
656 
393 
1,049 
At 31 July 2023
729 
437 
1,166 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,008 
1,258 
Taxes and social security
(194)
- 
Other creditors
5,778 
9,194 
Loans from directors
17,031 
- 
Accruals
600 
850 
24,223 
11,302 
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GALAXY MOBILE LONDON LTD Notes to the Accounts for the year ended 31 July 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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