0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 11552818 2023-10-01 2024-09-30 11552818 2024-09-30 11552818 2023-09-30 11552818 2022-10-01 2023-09-30 11552818 2023-09-30 11552818 2022-09-30 11552818 bus:Director1 2023-10-01 2024-09-30 11552818 core:WithinOneYear 2024-09-30 11552818 core:WithinOneYear 2023-09-30 11552818 core:AfterOneYear 2023-09-30 11552818 core:ShareCapital 2024-09-30 11552818 core:ShareCapital 2023-09-30 11552818 core:RetainedEarningsAccumulatedLosses 2024-09-30 11552818 core:RetainedEarningsAccumulatedLosses 2023-09-30 11552818 bus:SmallEntities 2023-10-01 2024-09-30 11552818 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 11552818 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11552818 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11552818 bus:FullAccounts 2023-10-01 2024-09-30
COMPANY REGISTRATION NUMBER: 11552818
Global SCS Limited
Filleted Unaudited Financial Statements
30 September 2024
Global SCS Limited
Statement of Financial Position
30 September 2024
2024
2023
Note
£
£
Current assets
Debtors
4
677
Cash at bank and in hand
65,026
69,534
--------
--------
65,703
69,534
Creditors: amounts falling due within one year
5
53,874
29,059
--------
--------
Net current assets
11,829
40,475
--------
--------
Total assets less current liabilities
11,829
40,475
Creditors: amounts falling due after more than one year
6
20,685
--------
--------
Net assets
11,829
19,790
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
11,729
19,690
--------
--------
Shareholders funds
11,829
19,790
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Global SCS Limited
Statement of Financial Position (continued)
30 September 2024
These financial statements were approved by the board of directors and authorised for issue on 25 June 2025 , and are signed on behalf of the board by:
Mr D S Thakkar
Director
Company registration number: 11552818
Global SCS Limited
Notes to the Financial Statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2nd Floor College House, 17 King Edwards Road, Ruislip, London, HA4 7AE.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Debtors
2024
2023
£
£
Other debtors
677
----
----
5. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
10,148
Trade creditors
1,021
Other creditors
53,874
17,890
--------
--------
53,874
29,059
--------
--------
6. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
20,685
----
--------
7. Director's advances, credits and guarantees
At the balance sheet date the directors were owed £16,575 (2023: £16,575) by the company.
8. Related party transactions
The company received an interest free loan repayable on demand from a related party for the amount of £36,050 (2023: £296).