IRIS Accounts Production v25.2.0.378 09379772 Board of Directors 30.11.23 29.11.24 29.11.24 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09379772 2023-11-29 09379772 2024-11-29 09379772 2023-11-30 2024-11-29 09379772 2022-11-29 09379772 2022-11-30 2023-11-29 09379772 2023-11-29 09379772 ns15:EnglandWales 2023-11-30 2024-11-29 09379772 ns14:PoundSterling 2023-11-30 2024-11-29 09379772 ns10:Director1 2023-11-30 2024-11-29 09379772 ns10:PrivateLimitedCompanyLtd 2023-11-30 2024-11-29 09379772 ns10:SmallEntities 2023-11-30 2024-11-29 09379772 ns10:AuditExemptWithAccountantsReport 2023-11-30 2024-11-29 09379772 ns10:SmallCompaniesRegimeForDirectorsReport 2023-11-30 2024-11-29 09379772 ns10:SmallCompaniesRegimeForAccounts 2023-11-30 2024-11-29 09379772 ns10:FullAccounts 2023-11-30 2024-11-29 09379772 ns10:Director2 2023-11-30 2024-11-29 09379772 ns10:RegisteredOffice 2023-11-30 2024-11-29 09379772 ns5:CurrentFinancialInstruments 2024-11-29 09379772 ns5:CurrentFinancialInstruments 2023-11-29 09379772 ns5:ShareCapital 2024-11-29 09379772 ns5:ShareCapital 2023-11-29 09379772 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-11-29 09379772 ns5:FurtherSpecificReserve3ComponentTotalEquity 2023-11-29 09379772 ns5:RetainedEarningsAccumulatedLosses 2024-11-29 09379772 ns5:RetainedEarningsAccumulatedLosses 2023-11-29 09379772 ns5:FurnitureFittings 2023-11-30 2024-11-29 09379772 ns5:ComputerEquipment 2023-11-30 2024-11-29 09379772 ns5:FurnitureFittings 2023-11-29 09379772 ns5:ComputerEquipment 2023-11-29 09379772 ns5:FurnitureFittings 2024-11-29 09379772 ns5:ComputerEquipment 2024-11-29 09379772 ns5:FurnitureFittings 2023-11-29 09379772 ns5:ComputerEquipment 2023-11-29 09379772 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-11-29 09379772 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-11-29 09379772 ns5:DeferredTaxation 2023-11-29 09379772 ns5:DeferredTaxation 2024-11-29 09379772 ns5:FurtherSpecificReserve3ComponentTotalEquity 2023-11-29 09379772 1 ns10:Director1 2023-11-29 09379772 1 ns10:Director1 2022-11-29 09379772 1 ns10:Director1 2023-11-30 2024-11-29 09379772 1 ns10:Director1 2022-11-30 2023-11-29 09379772 1 ns10:Director1 2024-11-29 09379772 1 ns10:Director1 2023-11-29

REGISTERED NUMBER: 09379772 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 29 NOVEMBER 2024 |

| FOR |

| GUARD GLOBAL LIMITED |

| GUARD GLOBAL LIMITED (REGISTERED NUMBER: 09379772) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 NOVEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Report of the Accountants | 7 |

| GUARD GLOBAL LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 29 NOVEMBER 2024

| DIRECTORS: | J E Olcott

| Ms Y Miyazaki

| REGISTERED OFFICE: | 45 Queen Street

| Deal

| Kent

| CT14 6EY

| REGISTERED NUMBER: | 09379772 (England and Wales)

| ACCOUNTANTS: | Higson & Co (Deal) Ltd

| 45 Queen Street

| Deal

| Kent

| CT14 6EY

| GUARD GLOBAL LIMITED (REGISTERED NUMBER: 09379772) |

BALANCE SHEET

29 NOVEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 621 |  | 972 |  |

Investments | 5 | 787,560 |  | 787,560 |  |

788,181 |  | 788,532 |  |

CURRENT ASSETS

Debtors | 6 | 372,074 |  | 348,890 |  |

Cash at bank | 12,194 |  | 1,343 |  |

384,268 |  | 350,233 |  |

CREDITORS

Amounts falling due within one year | 7 | 996,202 |  | 698,488 |  |

NET CURRENT LIABILITIES | (611,934 | ) | (348,255 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 176,247 |  | 440,277 |  |

PROVISIONS FOR LIABILITIES | 8 | 149,150 |  | 149,150 |  |

NET ASSETS | 27,097 |  | 291,127 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Fair value reserve | 9 | 635,850 |  | 635,850 |  |

Retained earnings | (608,853 | ) | (344,823 | ) |

SHAREHOLDERS' FUNDS | 27,097 |  | 291,127 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 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.

| GUARD GLOBAL LIMITED (REGISTERED NUMBER: 09379772) |

BALANCE SHEET - continued

29 NOVEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2025 and were signed on its behalf by:

J E Olcott - Director

| GUARD GLOBAL LIMITED (REGISTERED NUMBER: 09379772) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 NOVEMBER 2024

1. | STATUTORY INFORMATION

| Guard Global 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 financial statements are presented in round pounds £ 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 as modified by the revaluation of certain assets.

| The financial statements have been prepared on a going concern basis as the company receives continued support from its parent company by way of an inter company loan.

| 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.

| Fixtures and fittings | - | 15% on reducing balance

| Computer equipment | - | 33% on cost

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

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

| GUARD GLOBAL LIMITED (REGISTERED NUMBER: 09379772) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 29 NOVEMBER 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 30 November 2023

| and 29 November 2024 | 2,240 |  | 2,743 |  | 4,983 |  |

| DEPRECIATION

| At 30 November 2023 | 1,643 |  | 2,368 |  | 4,011 |  |

| Charge for year | 90 |  | 261 |  | 351 |  |

| At 29 November 2024 | 1,733 |  | 2,629 |  | 4,362 |  |

| NET BOOK VALUE

| At 29 November 2024 | 507 |  | 114 |  | 621 |  |

| At 29 November 2023 | 597 |  | 375 |  | 972 |  |

5. | FIXED ASSET INVESTMENTS

| Investments includes:

| Unlisted Investments

| A shareholding in Power Transitions Ltd, valued at £785,000.

| Investments in Joint Ventures

| A 51% shareholding in Guard Global Centre of Excellence Pvt Limited, based in India, recognised at cost of £2,560.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 372,074 |  | 328,820 |  |

| Tax | - |  | 20,070 |  |

372,074 |  | 348,890 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Amounts owed to group undertakings | 642,330 |  | 630,313 |  |

| VAT | 59,428 |  | 63,724 |  |

| Other creditors | - |  | 2,160 |  |

| Directors' current accounts | 293,178 |  | 195 |  |

| Accrued expenses | 1,266 |  | 2,096 |  |

996,202 |  | 698,488 |  |

8. | PROVISIONS FOR LIABILITIES

2024 | 2023 |

£ | £ |

| Deferred tax | 149,150 |  | 149,150 |  |

| GUARD GLOBAL LIMITED (REGISTERED NUMBER: 09379772) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 29 NOVEMBER 2024

8. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 30 November 2023 | 149,150 |  |

| Balance at 29 November 2024 | 149,150 |  |

| The above is in regard of the fair value adjustment in respect of the Company Investments.

9. | RESERVES

| Fair

| value

| reserve

£ |

| At 30 November 2023

| and 29 November 2024 | 635,850 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 29 November 2024 and 29 November 2023:

2024 | 2023 |

£ | £ |

| J E Olcott

| Balance outstanding at start of year | 195 |  | 6,985 |  |

| Amounts advanced | 292,984 |  | 158 |  |

| Amounts repaid | - |  | (6,948 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 293,179 |  | 195 |  |

11. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Jomond Limited.

12. | GOING CONCERN

| The directors have assessed that the company is a going concern, the director's will support the company using personal funds if necessary.

| GUARD GLOBAL LIMITED |

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF

GUARD GLOBAL LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 29 November 2024 set out on pages one to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Higson & Co (Deal) Ltd

45 Queen Street

Deal

Kent

CT14 6EY

Date: .............................................