Global Positioning Systems Europe Limited

Registered number: 02933345

Unaudited Financial Statements

For The Year Ended 31 December 2024

Registered number: 02933345

	2024	2023
	£	£
Fixed assets	165,000	165,000

Current assets	42,671	33,715
Creditors: Amounts Falling Due Within One Year	(164,006 )	(181,355 )

NET CURRENT LIABILITIES	(121,335 )	(147,640 )

TOTAL ASSETS LESS CURRENT LIABILITIES	43,665	17,360

Accruals and deferred income	(1,020 )	(1,020 )

NET ASSETS	42,645	16,340

CAPITAL AND RESERVES	42,645	16,340

Notes

1. General Information

Global Positioning Systems Europe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02933345 . The registered office is 12 Borelli Yard, Farnham, Surrey, GU9 7NU.

2. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

3. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Director	5,700	-	(600 )	-	5,100

The above loan is unsecured, interest free and repayable on demand.

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

L Hall

Director

31 March 2025