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Company registration number: 03568204
Global Product Sourcing (UK) Limited
Unaudited filleted financial statements
31 October 2024
Global Product Sourcing (UK) Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
Global Product Sourcing (UK) Limited
Directors and other information
Directors Garabet Abajian
Olwyn Abajian
Secretary Mrs Olwyn Abajian
Company number 03568204
Registered office Suite 2, Unit 2 Bradburys Court
Lyon Road
Harrow, Middlesex
HA1 2BY
Bankers Barclays bank PLC
Newcastle Market Street
Newcastle
NE1 4WL
Global Product Sourcing (UK) Limited
Statement of financial position
31 October 2024
2024 2023
£ £
Fixed assets 925,390 2,361,342
_______ _______
Current assets 1,832,994 1,651,345
Creditors: amounts falling due within one year ( 109,252) ( 106,830)
_______ _______
Net current assets 1,723,742 1,544,515
_______ _______
Total assets less current liabilities 2,649,132 3,905,857
Provisions for liabilities ( 25,709) ( 37,195)
Accruals and deferred income ( 4,020) ( 3,900)
_______ _______
Net assets 2,619,403 3,864,762
_______ _______
Capital and reserves 2,619,403 3,864,762
_______ _______
Global Product Sourcing (UK) Limited
Year ended 31 October 2024
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Garabet Abajian ( 15,918) ( 2,600) 16,023 ( 2,495)
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Garabet Abajian ( 3,174) ( 15,918) 3,174 ( 15,918)
_______ _______ _______ _______
At the end of the year, the company owed £2,495 (2023 - £15,918) to Garabet Abajian who is a director of the company.
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 25 July 2025 , and are signed on behalf of the board by:
Garabet Abajian
Director
Company registration number: 03568204
The company is a private company limited by shares, registered in England and Wales.