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REGISTERED NUMBER: 05672777 (England and Wales)















GLOBAL PUMP AND SEAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






GLOBAL PUMP AND SEAL LIMITED (REGISTERED NUMBER: 05672777)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GLOBAL PUMP AND SEAL LIMITED

COMPANY INFORMATION
For The Year Ended 31 JANUARY 2025







DIRECTOR: D Smith





SECRETARY: Mrs S Davis-Smith





REGISTERED OFFICE: Unit 1a Metal & Ores Industrial Estate
Hanbury Road
Stoke Prior
Bromsgrove
Worcestershire
B60 4JZ





REGISTERED NUMBER: 05672777 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

GLOBAL PUMP AND SEAL LIMITED (REGISTERED NUMBER: 05672777)

BALANCE SHEET
31 JANUARY 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 75,537 50,562
Investments 5 60 60
75,597 50,622

CURRENT ASSETS
Stocks 1,850 1,740
Debtors 6 157,406 163,248
Cash at bank 604,190 434,056
763,446 599,044
CREDITORS
Amounts falling due within one year 7 656,579 481,226
NET CURRENT ASSETS 106,867 117,818
TOTAL ASSETS LESS CURRENT
LIABILITIES

182,464

168,440

PROVISIONS FOR LIABILITIES 18,884 12,130
NET ASSETS 163,580 156,310

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 163,570 156,300
SHAREHOLDERS' FUNDS 163,580 156,310

GLOBAL PUMP AND SEAL LIMITED (REGISTERED NUMBER: 05672777)

BALANCE SHEET - continued
31 JANUARY 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 31 July 2025 and were signed by:





D Smith - Director


GLOBAL PUMP AND SEAL LIMITED (REGISTERED NUMBER: 05672777)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 JANUARY 2025


1. STATUTORY INFORMATION

Global Pump and Seal 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 each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Government grants relating to fixed assets are treated as deferred income and released over the assets' useful lives. Grants relating to revenue expenditure are recognised in the profit and loss account in the period in which the relevant costs are incurred.

GLOBAL PUMP AND SEAL LIMITED (REGISTERED NUMBER: 05672777)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 JANUARY 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
Property machinery fittings
£    £    £   
COST
At 1 February 2024 5,428 26,652 10,151
Additions - 880 307
At 31 January 2025 5,428 27,532 10,458
DEPRECIATION
At 1 February 2024 3,092 23,457 8,404
Charge for year 233 1,634 660
At 31 January 2025 3,325 25,091 9,064
NET BOOK VALUE
At 31 January 2025 2,103 2,441 1,394
At 31 January 2024 2,336 3,195 1,747

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2024 75,424 9,634 127,289
Additions 40,010 628 41,825
At 31 January 2025 115,434 10,262 169,114
DEPRECIATION
At 1 February 2024 32,198 9,576 76,727
Charge for year 14,141 182 16,850
At 31 January 2025 46,339 9,758 93,577
NET BOOK VALUE
At 31 January 2025 69,095 504 75,537
At 31 January 2024 43,226 58 50,562

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 February 2024
and 31 January 2025 60
NET BOOK VALUE
At 31 January 2025 60
At 31 January 2024 60

GLOBAL PUMP AND SEAL LIMITED (REGISTERED NUMBER: 05672777)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 JANUARY 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 154,304 160,142
Other debtors 3,102 3,106
157,406 163,248

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 147,633 136,819
Amounts owed to group undertakings 384,164 265,286
Taxation and social security 118,244 74,303
Other creditors 6,538 4,818
656,579 481,226

8. ULTIMATE CONTROLLING PARTY

The controlling party is D Smith.