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REGISTERED NUMBER: 15232192 (England and Wales)















Unaudited financial statements

for the period 24 October 2023 to 31 December 2024

For

GloboCorps International Limited

GloboCorps International Limited (Registered number: 15232192)






Contents of the financial statements
for the period 24 October 2023 to 31 December 2024




Page

Balance sheet 1

Notes to the financial statements 2


GloboCorps International Limited (Registered number: 15232192)

Balance sheet
31 December 2024

Notes €   
Fixed assets
Investments 5 224,614

Current assets
Debtors 6 8,100

Creditors
Amounts falling due within one year 7 (243,074 )
Net current liabilities (234,974 )
Total assets less current liabilities (10,360 )

Capital and reserves
Called up share capital 8 3,000
Retained earnings (13,360 )
(10,360 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

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 19 August 2025 and were signed on its behalf by:



A S Mazzotta - Director



Global Assistance Services SA - Director


GloboCorps International Limited (Registered number: 15232192)

Notes to the financial statements
for the period 24 October 2023 to 31 December 2024

1. Statutory information

The principal activity of GloboCorps International Limited is that of an investment holding company.

The company is a private company limited by shares and incorporated in the UK. Its registered office is Suite 1, 7th Floor, 50 Broadway, London, United Kingdom, SW1H ODB. The company's registered number is 15232192.

The financial statements are presented in Euro, which is the functional currency of the company.

The company has no employees.

2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
These financial statements are prepared on a going concern basis, under the historical cost convention, as modified by the revaluation of certain financial assets and liabilities measured at fair value through the statement of comprehensive income.

Comparative period
These financial statements cover the company's first accounting period from 24 October 2023 to 31 December 2024. As this is the first period of accounts, no comparative figures for a prior period are presented. The period covers 14 months, which is longer than a standard 12-month year.

Comparative information will be provided in future periods where applicable.

Going concern
The company is dependent on the continued financial support of the lenders in order to enable it to continue operating and to meet its liabilities as they fall due. The lenders have agreed to continue to provide financial support to the company and accordingly the directors have prepared the financial statements under the going concern concept.

Expenses
Expenses are recognised on an accruals basis.

Foreign currency
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of comprehensive income.

Taxation
Taxation expense for the period where applicable comprises current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income.

GloboCorps International Limited (Registered number: 15232192)

Notes to the financial statements - continued
for the period 24 October 2023 to 31 December 2024

Current or deferred taxation assets and liabilities are not discounted. Current tax is the amount of income tax payable in respect of the taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the period end.

Investments
Investment in subsidiary companies

Investment in subsidiary companies are held at cost less accumulated impairment losses.

4. Employees and directors

The average number of employees during the period was NIL.

5. Fixed asset investments

2024

Brought forward -
Additions 224,614
224,614

Analysed as:
AFRICAN OFFICE OF ENGINEERING SARL 1,067
GLOBO AFRIQUE SARL 149,566
GLOBO EQUIPMENT & SECURITY SARL 73,281
SYMALO 700
224,614

AFRICAN OFFICE OF ENGINEERING SARL
The company owns 70% of the equity share capital of AFRICAN OFFICE OF ENGINEERING SARL, a company incorporated in Senegal.

GLOBO AFRIQUE SARL
The company owns 90% of the equity share capital of GLOBO AFRIQUE SARL, a company incorporated in Senegal.

GLOBO EQUIPMENT & SECURITY SARL
The company owns 70% of the equity share capital of GLOBO EQUIPMENT & SECURITY SARL, a company incorporated in Senegal.

SYMALO
The company owns 70% of the equity share capital of SYMALO, an international trading company incorporated in France.

GloboCorps International Limited (Registered number: 15232192)

Notes to the financial statements - continued
for the period 24 October 2023 to 31 December 2024

6. Debtors: amounts falling due within one year

2024

Makamy Limited300
Other debtors1,200
Prepayments6,600
8,100

7. Creditors: amounts falling due within one year

2024

Bank overdraft (unsecured)260
Trade creditors7,400
Shareholder loans payable233,914
Accruals1,500
243,074
The Shareholder loans payable are unsecured, interest free and repayable on demand.

8. Called up share capital

2024
3,000 Ordinary shares of €1
Allotted, called up and fully paid
At 24 October -
Issued 3,000
3,000