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
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
SOURCED GLOBAL LTD
Statement of financial position
as at 31 January 2025
Tangible assets
4,202
3,213
Cash at bank and in hand
87,068
49,324
Creditors: amounts falling due within one year
(115,640)
(104,103)
Net current assets
7,162
30,196
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
SOURCED GLOBAL LTD
Notes to the Accounts
for the period from 1 August 2023 to 31 January 2025
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.
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.
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.
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
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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
At 31 January 2025
1,663
18,588
20,251
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
At 31 January 2025
831
3,371
4,202
At 31 July 2023
1,247
1,966
3,213
Amounts falling due within one year
Trade debtors
35,665
84,975
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
Trade creditors
4,316
20,115
Taxes and social security
66,626
33,817
Loans from directors
39,930
18,672
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Average number of employees
During the period the average number of employees was 2 (2023: 2).