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Company Registration No. 09805805 (England and Wales)
GLOBAL REMOTE RESOURCES LIMITED Unaudited accounts for the year ended 31 October 2024
GLOBAL REMOTE RESOURCES LIMITED Unaudited accounts Contents
Page
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GLOBAL REMOTE RESOURCES LIMITED Company Information for the year ended 31 October 2024
Director
Paul Slade
Secretary
Paul Slade
Company Number
09805805 (England and Wales)
Registered Office
51 ROMSEY INDUSTRIAL ESTATE GREATBRIDGE ROAD ROMSEY HAMPSHIRE SO51 0HR ENGLAND
Accountants
Cone Accounting Limited 124 City Road London EC1V 2NX
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GLOBAL REMOTE RESOURCES LIMITED Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,956 
24,916 
Current assets
Debtors
125,615 
26,714 
Cash at bank and in hand
1,475 
25,949 
127,090 
52,663 
Creditors: amounts falling due within one year
(2,324)
57,558 
Net current assets
124,766 
110,221 
Total assets less current liabilities
188,722 
135,137 
Creditors: amounts falling due after more than one year
(41,250)
- 
Net assets
147,472 
135,137 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
147,471 
135,136 
Shareholders' funds
147,472 
135,137 
For the year ending 31 October 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 16 May 2025 and were signed on its behalf by
Paul Slade Director Company Registration No. 09805805
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GLOBAL REMOTE RESOURCES LIMITED Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
GLOBAL REMOTE RESOURCES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09805805. The registered office is 51 ROMSEY INDUSTRIAL ESTATE, GREATBRIDGE ROAD, ROMSEY, HAMPSHIRE, SO51 0HR, 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.
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:
Plant & machinery
20% - 25% - Straight Line Method
Motor vehicles
20% - Straight Line Method
Computer equipment
33.33% - Straight Line Method
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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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GLOBAL REMOTE RESOURCES LIMITED Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
25,703 
3,000 
1,374 
30,077 
Additions
- 
48,810 
1,124 
49,934 
Disposals
- 
(3,000)
- 
(3,000)
At 31 October 2024
25,703 
48,810 
2,498 
77,011 
Depreciation
At 1 November 2023
4,289 
400 
472 
5,161 
Charge for the year
5,176 
1,641 
677 
7,494 
On disposals
- 
400 
- 
400 
At 31 October 2024
9,465 
2,441 
1,149 
13,055 
Net book value
At 31 October 2024
16,238 
46,369 
1,349 
63,956 
At 31 October 2023
21,414 
2,600 
902 
24,916 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,328 
14,998 
Accrued income and prepayments
6,994 
6,733 
Other debtors
112,293 
4,983 
125,615 
26,714 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
17,999 
- 
VAT
271 
(497)
Trade creditors
3,481 
5,049 
Taxes and social security
33,532 
34,232 
Other creditors
226 
- 
Loans from directors
(53,185)
(96,342)
2,324 
(57,558)
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
41,250 
- 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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GLOBAL REMOTE RESOURCES LIMITED Notes to the Accounts for the year ended 31 October 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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