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REGISTERED NUMBER: 12932304 (England and Wales)











GLOBAL PAYMENTS CONSULTING SERVICES
LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

20TH OCTOBER 2023 TO 31ST OCTOBER 2024






GLOBAL PAYMENTS CONSULTING SERVICES
LIMITED (REGISTERED NUMBER: 12932304)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 20TH OCTOBER 2023 TO 31ST OCTOBER 2024










Page

Company Information 1

Report of the Directors 0

Abridged Profit and Loss Account 0

Abridged Balance Sheet 2

Notes to the Financial Statements 4


GLOBAL PAYMENTS CONSULTING SERVICES
LIMITED

COMPANY INFORMATION
FOR THE PERIOD 20TH OCTOBER 2023 TO 31ST OCTOBER 2024







DIRECTORS: R J Saunders
Mrs H E Saunders





REGISTERED OFFICE: 20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE





REGISTERED NUMBER: 12932304 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

GLOBAL PAYMENTS CONSULTING SERVICES
LIMITED (REGISTERED NUMBER: 12932304)

BALANCE SHEET
31ST OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,739 32,804

CURRENT ASSETS
Debtors 5 83,483 22,231
Cash at bank 35,587 169,710
119,070 191,941
CREDITORS
Amounts falling due within one year 6 56,444 127,255
NET CURRENT ASSETS 62,626 64,686
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,365

97,490

CREDITORS
Amounts falling due after more than one
year

7

-

(36,836

)

PROVISIONS FOR LIABILITIES - (397 )
NET ASSETS 87,365 60,257

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 87,265 60,157
SHAREHOLDERS' FUNDS 87,365 60,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GLOBAL PAYMENTS CONSULTING SERVICES
LIMITED (REGISTERED NUMBER: 12932304)

BALANCE SHEET - continued
31ST OCTOBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th July 2025 and were signed on its behalf by:





R J Saunders - Director


GLOBAL PAYMENTS CONSULTING SERVICES
LIMITED (REGISTERED NUMBER: 12932304)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 20TH OCTOBER 2023 TO 31ST OCTOBER 2024


1. STATUTORY INFORMATION

Global Payments Consulting Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

GLOBAL PAYMENTS CONSULTING SERVICES
LIMITED (REGISTERED NUMBER: 12932304)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 20TH OCTOBER 2023 TO 31ST OCTOBER 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 20th October 2023 74,377 5,413 79,790
Additions - 1,719 1,719
Disposals - (1,529 ) (1,529 )
At 31st October 2024 74,377 5,603 79,980
DEPRECIATION
At 20th October 2023 42,999 3,987 46,986
Charge for period 7,845 1,430 9,275
Eliminated on disposal - (1,020 ) (1,020 )
At 31st October 2024 50,844 4,397 55,241
NET BOOK VALUE
At 31st October 2024 23,533 1,206 24,739
At 19th October 2023 31,378 1,426 32,804

GLOBAL PAYMENTS CONSULTING SERVICES
LIMITED (REGISTERED NUMBER: 12932304)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 20TH OCTOBER 2023 TO 31ST OCTOBER 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 20th October 2023
and 31st October 2024 74,377
DEPRECIATION
At 20th October 2023 42,999
Charge for period 7,845
At 31st October 2024 50,844
NET BOOK VALUE
At 31st October 2024 23,533
At 19th October 2023 31,378

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,680 3,600
Amounts owed by group undertakings - 967
Other debtors 72,803 17,664
83,483 22,231

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 36,193 7,724
Taxation and social security 17,280 12,931
Other creditors 2,971 106,600
56,444 127,255

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 36,836

GLOBAL PAYMENTS CONSULTING SERVICES
LIMITED (REGISTERED NUMBER: 12932304)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 20TH OCTOBER 2023 TO 31ST OCTOBER 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 36,193 44,560

The above liability is secured against the asset to which it relates.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100

10. CHANGE OF ACCOUNTING REFERENCE DATE

The year end has been changed from 19th October to the 31st October 2024.