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
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
Global Reach London Ltd
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
13
291
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)
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
Global Reach London Ltd
Notes to the Accounts
for the year ended 30 November 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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.
The company has ceased trade as of 27 June 2024. Thus, the reporting period is from 1 December 2023 to 27 June 2024.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
537
107
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
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(107)
-
430
(537)
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).