1 August 2023 false No description of principal activity Taxfiler 2024.6 12111437business:PrivateLimitedCompanyLtd2023-08-012025-01-31 121114372023-07-31 121114372023-08-012025-01-31 12111437business:AuditExempt-NoAccountantsReport2023-08-012025-01-31 12111437business:FilletedAccounts2023-08-012025-01-31 121114372025-01-31 12111437business:Director12023-08-012025-01-31 12111437business:Director22023-08-012025-01-31 12111437business:Director32023-08-012025-01-31 12111437business:Director42023-08-012025-01-31 12111437business:RegisteredOffice2023-08-012025-01-31 121114372023-07-31 12111437core:WithinOneYear2025-01-31 12111437core:WithinOneYear2023-07-31 12111437core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 12111437core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 12111437core:PreviouslyStatedAmount2025-01-31 12111437core:PreviouslyStatedAmount2023-07-31 12111437business:SmallEntities2023-08-012025-01-31 12111437countries:EnglandWales2023-08-012025-01-31 12111437core:ComputerEquipment2023-08-012025-01-31 12111437core:FurnitureFittings2023-07-31 12111437core:ComputerEquipment2023-07-31 12111437core:FurnitureFittings2023-08-012025-01-31 12111437core:FurnitureFittings2025-01-31 12111437core:ComputerEquipment2025-01-31 121114372022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12111437 (England and Wales)
SOURCED GLOBAL LTD Unaudited accounts for the period from 1 August 2023 to 31 January 2025
SOURCED GLOBAL LTD Unaudited accounts Contents
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SOURCED GLOBAL LTD Company Information for the period from 1 August 2023 to 31 January 2025
Directors
BARKSBY, Matthew Andrew COLLIER, Lucy Louise Lillie Louise Freer Matthew Barksby
Company Number
12111437 (England and Wales)
Registered Office
78a Lennard Road London SE20 7LY United Kingdom
Accountants
Lateral Accounting Ltd 2 Chestnut Road Kingston Upon Thames KT2 5AP
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SOURCED GLOBAL LTD Statement of financial position as at 31 January 2025
2025 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,202 
3,213 
Current assets
Debtors
35,734 
84,975 
Cash at bank and in hand
87,068 
49,324 
122,802 
134,299 
Creditors: amounts falling due within one year
(115,640)
(104,103)
Net current assets
7,162 
30,196 
Net assets
11,364 
33,409 
Capital and reserves
Profit and loss account
11,364 
33,409 
Shareholders' funds
11,364 
33,409 
For the period ending 31 January 2025 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 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 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 of Directors and authorised for issue on 30 March 2025 and were signed on its behalf by
BARKSBY, Matthew Andrew Director Company Registration No. 12111437
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SOURCED GLOBAL LTD Notes to the Accounts for the period from 1 August 2023 to 31 January 2025
1
Statutory information
SOURCED GLOBAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12111437. The registered office is 78a Lennard Road, London, SE20 7LY, United Kingdom.
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 period, 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:
Computer equipment
33% Straight line method
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
1,663 
11,759 
13,422 
Additions
- 
6,829 
6,829 
At 31 January 2025
1,663 
18,588 
20,251 
Depreciation
At 1 August 2023
416 
9,793 
10,209 
Charge for the period
416 
5,424 
5,840 
At 31 January 2025
832 
15,217 
16,049 
Net book value
At 31 January 2025
831 
3,371 
4,202 
At 31 July 2023
1,247 
1,966 
3,213 
5
Debtors
2025 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
35,665 
84,975 
Other debtors
69 
- 
35,734 
84,975 
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SOURCED GLOBAL LTD Notes to the Accounts for the period from 1 August 2023 to 31 January 2025
6
Creditors: amounts falling due within one year
2025 
2023 
£ 
£ 
VAT
4,143 
31,031 
Trade creditors
4,316 
20,115 
Taxes and social security
66,626 
33,817 
Loans from directors
39,930 
18,672 
Accruals
625 
468 
115,640 
104,103 
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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