Global Map Limited 15614412 false 2024-04-03 2024-12-31 2024-12-31 The principal activity of the company is activities of other holding companies not elsewhere classified. Digita Accounts Production Advanced 6.30.9574.0 true true 15614412 2024-04-03 2024-12-31 15614412 2024-12-31 15614412 bus:Director1 2024-12-31 15614412 core:RetainedEarningsAccumulatedLosses 2024-12-31 15614412 core:ShareCapital 2024-12-31 15614412 core:CurrentFinancialInstruments 2024-12-31 15614412 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 15614412 bus:SmallEntities 2024-04-03 2024-12-31 15614412 bus:AuditExemptWithAccountantsReport 2024-04-03 2024-12-31 15614412 bus:AbridgedAccounts 2024-04-03 2024-12-31 15614412 bus:SmallCompaniesRegimeForAccounts 2024-04-03 2024-12-31 15614412 bus:RegisteredOffice 2024-04-03 2024-12-31 15614412 bus:CompanySecretary1 2024-04-03 2024-12-31 15614412 bus:Director1 2024-04-03 2024-12-31 15614412 bus:PrivateLimitedCompanyLtd 2024-04-03 2024-12-31 15614412 core:RetainedEarningsAccumulatedLosses 2024-04-03 2024-12-31 15614412 core:ShareCapital 2024-04-03 2024-12-31 15614412 countries:EnglandWales 2024-04-03 2024-12-31 iso4217:USD xbrli:pure

Registration number: 15614412

Global Map Limited

Annual Report and Unaudited Abridged Financial Statements

for the Period from 3 April 2024 to 31 December 2024

 

Global Map Limited

Contents

Company Information

1

Director's Report

2

Abridged Profit and Loss Account

3

Statement of Comprehensive Income

4

Abridged Balance Sheet

5

Statement of Changes in Equity

6

Notes to the Unaudited Abridged Financial Statements

7 to 8

 

Global Map Limited

Company Information

Director

Pietro Marini

Company secretary

Lincoln Secretaries Limited

Registered office

12 Bridewell Place
3rd Floor East
London
England
EC4V 6AP

 

Global Map Limited

Director's Report for the Period from 3 April 2024 to 31 December 2024

The report and the abridged financial statements for the period from 3 April 2024 to 31 December 2024.

Incorporation

The company was incorporated on 3 April 2024.

Director of the company

The director who held office during the period was as follows:

Pietro Marini (appointed 3 April 2024)

Principal activity

The principal activity of the company is activities of other holding companies not elsewhere classified.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 21 August 2025
 

.........................................
Lincoln Secretaries Limited
Company secretary

 

Global Map Limited

Abridged Profit and Loss Account for the Period from 3 April 2024 to 31 December 2024

Note

2024
$

Gross profit/(loss)

 

-

Administrative expenses

 

(11,508)

Other interest receivable and similar income

 

1,686,200

Profit before tax

1,674,692

Profit for the financial period

 

1,674,692

The above results were derived from continuing operations.

The company has no recognised gains or losses for the period other than the results above.

 

Global Map Limited

Statement of Comprehensive Income for the Period from 3 April 2024 to 31 December 2024

2024
$

Profit for the period

1,674,692

Total comprehensive income for the period

1,674,692

 

Global Map Limited

(Registration number: 15614412)
Abridged Balance Sheet as at 31 December 2024

Note

2024
$

Fixed assets

 

Investments

19,376

Current assets

 

Debtors

19,000

Cash at bank and in hand

 

1,648,324

 

1,667,324

Creditors: Amounts falling due within one year

(9,377)

Net current assets

 

1,657,947

Total assets less current liabilities

 

1,677,323

Accruals and deferred income

 

(2,503)

Net assets

 

1,674,820

Capital and reserves

 

Called up share capital

128

Retained earnings

1,674,692

Shareholders' funds

 

1,674,820

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 21 August 2025
 

.........................................
Pietro Marini
Director

 

Global Map Limited

Statement of Changes in Equity for the Period from 3 April 2024 to 31 December 2024

Share capital
$

Retained earnings
$

Total
$

Profit for the period

-

1,674,692

1,674,692

New share capital subscribed

128

-

128

At 31 December 2024

128

1,674,692

1,674,820

 

Global Map Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 3 April 2024 to 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
12 Bridewell Place
3rd Floor East
London
England
EC4V 6AP

These financial statements were authorised for issue by the director on 21 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Global Map Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 3 April 2024 to 31 December 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.