GLOBULGAR LTD

Company Registration Number:
10315450 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

GLOBULGAR LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GLOBULGAR LTD

Company Information

for the Period Ended 31 August 2024




Director: Ivaylo Angelov
Registered office: 187
Wolverhampton Street
Dudley
DY1 3AD
Company Registration Number: 10315450 (England and Wales)

GLOBULGAR LTD

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal Activities

Building telecom infrastructure networks

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
Ivaylo Angelov

This report was approved by the board of directors on 16 May 2025
And Signed On Behalf Of The Board By:

Name: Ivaylo Angelov
Status: Director

GLOBULGAR LTD

Profit and Loss Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Turnover 115,108 132,952
Cost of sales ( 0 ) ( 0 )
Gross Profit or (Loss) 115,108 132,952
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 24,727 ) ( 30,242 )
Operating Profit or (Loss) 90,381 102,710
Interest Receivable and Similar Income 2,344 -
Profit or (Loss) Before Tax 92,725 102,710
Tax on Profit ( 20,822 ) ( 21,176 )
Profit or (Loss) for Period 71,903 81,534

The notes form part of these financial statements

GLOBULGAR LTD

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 22,740 27,282
Total fixed assets: 22,740 27,282
Current assets
Cash at bank and in hand: 71,903 81,534
Total current assets: 71,903 81,534
Net current assets (liabilities): 71,903 81,534
Total assets less current liabilities: 94,643 108,816
Total net assets (liabilities): 94,643 108,816

The notes form part of these financial statements

GLOBULGAR LTD

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 94,642 108,815
Shareholders funds: 94,643 108,816

For the year ending 31 August 2024 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.

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

This report was approved by the board of directors on 16 May 2025
And Signed On Behalf Of The Board By:

Name: Ivaylo Angelov
Status: Director

The notes form part of these financial statements

GLOBULGAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

GLOBULGAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

GLOBULGAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

GLOBULGAR LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Plant & machinery Motor vehicles Total
Cost £ £ £
At 01 September 2023 19,465 7,817 27,282
Additions 369 - 369
Disposals - - -
Revaluations ( 3,504 ) ( 1,407 ) ( 4,911 )
Transfers - - -
At 31 August 2024 16,330 6,410 22,740
Depreciation
At 01 September 2023 - - -
Charge for year - - -
On disposals - - -
Other adjustments - - -
At 31 August 2024 - - -
Net book value
At 31 August 2024 16,330 6,410 22,740
At 31 August 2023 19,465 7,817 27,282

1. Plant and machinery addition:
Field only used IPAD 001 - 369
total addition to the pool - 369 (incl VAT)