| Registered number |
| for the year ended |
| Global Growth Business Limited | |
| Report and accounts | |
| Contents | |
| Page | |
| Accountants' report | 1 |
| Balance sheet | 2 |
| Notes to the accounts | 3 |
| Global Growth Business Limited | ||||
| Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Global Growth Business Limited for the year ended 31 December 2024 | ||||
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Global Growth Business Limited for the year ended 31 December 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. | ||||
| As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance |
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| This report is made solely to the Board of Directors of Global Growth Business Limited, as a body, in accordance with the terms of our engagement letter dated 20 December 2019. Our work has been undertaken solely to prepare for your approval the accounts of Global Growth Business Limited and state those matters that we have agreed to state to the Board of Directors of Global Growth Business Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Global Growth Business Limited and its Board of Directors as a body for our work or for this report. | ||||
| It is your duty to ensure that Global Growth Business Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Global Growth Business Limited. You consider that Global Growth Business Limited is exempt from the statutory audit requirement for the year. | ||||
| We have not been instructed to carry out an audit or a review of the accounts of Global Growth Business Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. | ||||
| MAH, Chartered Accountants | ||||
| 2nd Floor | ||||
| 154 Bishopsgate | ||||
| London | ||||
| EC2M 4LN | ||||
| 14 August 2025 | ||||
| Registered number: | |||||||
| Balance Sheet | |||||||
| as at |
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| Notes | 2024 | 2023 | |||||
| £ | £ | ||||||
| Fixed assets | |||||||
| Tangible assets | 3 | ||||||
| Current assets | |||||||
| Debtors | 4 | ||||||
| Cash at bank and in hand | |||||||
| Creditors: amounts falling due within one year | 5 | ( |
( |
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| Net current assets | |||||||
| Net assets | |||||||
| Capital and reserves | |||||||
| Called up share capital | 6 | ||||||
| Profit and loss account | 7 | ||||||
| Shareholder's funds | |||||||
| Giles Godwin-Brown | |||||||
| Director | |||||||
| Approved by the board on |
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| The notes on pages 6 to 9 form part of these financial statements. | |||||||
| Notes to the Accounts | ||||||||
| for the year ended |
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| 1 | Accounting policies | |||||||
| Basis of preparation | ||||||||
| Turnover | ||||||||
| Tangible fixed assets | ||||||||
| Plant and machinery | over 3 years | |||||||
| Financial assets | ||||||||
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. |
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| Financial liabilities | ||||||||
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. |
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| 1 | Accounting policies (continued) | |||||||
| Debtors | ||||||||
| Creditors | ||||||||
| Taxation | ||||||||
| Provisions | ||||||||
| Foreign currency translation | ||||||||
| Pensions | ||||||||
| 2 | Employees | 2024 | 2023 | |||||
| Number | Number | |||||||
| Average number of persons employed by the company | ||||||||
| 3 | Tangible fixed assets | |||||||
| Plant and machinery etc | ||||||||
| £ | ||||||||
| Cost | ||||||||
| At 1 January 2024 | ||||||||
| Additions | ||||||||
| At 31 December 2024 | ||||||||
| Depreciation | ||||||||
| At 1 January 2024 | ||||||||
| Charge for the year | ||||||||
| At 31 December 2024 | ||||||||
| Net book value | ||||||||
| At 31 December 2024 | ||||||||
| At 31 December 2023 | ||||||||
| 4 | Debtors | 2024 | 2023 | |||||
| £ | £ | |||||||
| Trade debtors | ||||||||
| Prepayments | - | |||||||
| Other debtors | - | |||||||
| Restated | ||||||||
| 5 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
| £ | £ | |||||||
| Accruals and deferred income | ||||||||
| Trade creditors | ||||||||
| Taxation and social security costs | ||||||||
| Other creditors | ||||||||
| Restated | ||||||||
| 6 | Share capital | Nominal | 2024 | 2023 | ||||
| Value | Number | £ | £ | |||||
| Allotted, called up and fully paid: | ||||||||
| Ordinary shares | £0.00001 each | 10,000,000 | 100 | 100 | ||||
| The 2023 comparatives have been restated to correct a prior error for share capital and other creditors. | ||||||||
| 7 | Profit and loss account | 2024 | 2023 | |||||
| £ | £ | |||||||
| At 1 January 2024 | ||||||||
| (Loss)/profit for the financial year | ( |
( |
||||||
| Dividends | ( |
( |
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| At 31 December 2024 | ||||||||
| 8 | Related party transactions | |||||||
The shareholders received dividends of £41,000 (2023: £41,000). |
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| 9 | Controlling party | |||||||
| 10 | Other information | |||||||
| Global Growth Business Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
| 1 Mentmore Terrace | ||||||||
| The Fisheries, Office 111 | ||||||||
| London, United Kingdom | ||||||||
| E8 3PN | ||||||||