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Company Registration No. 14503375 (England and Wales)
Global Reach London Ltd Unaudited accounts for the year ended 30 November 2024
Global Reach London Ltd Unaudited accounts Contents
Page
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Global Reach London Ltd Company Information for the year ended 30 November 2024
Director
Mario ARAUJO CUNHA
Company Number
14503375 (England and Wales)
Registered Office
Flat 26 Cedar Court Grosvenor Road London London E11 2HQ England
Accountants
DNG Associates 214 Baker Street Enfield EN1 3JY
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Global Reach London Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
- 
1 
Cash at bank and in hand
13 
291 
13 
292 
Creditors: amounts falling due within one year
(837)
(537)
Net current liabilities
(824)
(245)
Total assets less current liabilities
(824)
(245)
Creditors: amounts falling due after more than one year
(7,138)
(7,138)
Net liabilities
(7,962)
(7,383)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(7,963)
(7,384)
Shareholders' funds
(7,962)
(7,383)
For the year ending 30 November 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 18 June 2025 and were signed on its behalf by
Mario ARAUJO CUNHA Director Company Registration No. 14503375
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Global Reach London Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Global Reach London Ltd is a private company, limited by shares, registered in England and Wales, registration number 14503375. The registered office is Flat 26, Cedar Court, Grosvenor Road, London, London, E11 2HQ, 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.
Going concern
As explained in note 3 (Reporting period) to the financial statements, the company has ceased trading on 27 June 2024 and the financial statements have been prepared on a basis other than that of the going concern basis. This basis includes, where applicable, writing the company's assets down to net realisable value. Provisions have also been made in respect of contracts which have become onerous at the reporting date. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.
Reporting period
The company has ceased trade as of 27 June 2024. Thus, the reporting period is from 1 December 2023 to 27 June 2024.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
1 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
537 
107 
Accruals
300 
430 
837 
537 
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Global Reach London Ltd Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
7,138 
7,138 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mario ARAUJO CUNHA
Directors Loan Account
(107)
- 
430 
(537)
(107)
- 
430 
(537)
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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