Global EMC Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11251763

Global EMC Holdings Limited

Filleted Unaudited Financial Statements

31 December 2024

Global EMC Holdings Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Investments	4		1,256,312	1,256,312

Current assets

Cash at bank and in hand	558		559

Creditors: amounts falling due within one year	5	270,100		27,143
		--------		-------
Net current liabilities			269,542	26,584
			-----------	-----------
Total assets less current liabilities			986,770	1,229,728

Creditors: amounts falling due after more than one year	6		–	644,643

Accruals and deferred income	750	940
	--------	-----------
Net assets	986,020	584,145
	--------	-----------

Capital and reserves

Called up share capital	7	750	750
Share premium account		371,785	–
Profit and loss account		613,485	583,395
		--------	--------
Shareholders funds		986,020	584,145
		--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Global EMC Holdings Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 21 August 2025 , and are signed on behalf of the board by:

B. Pitchford
Director

Company registration number: 11251763

Global EMC Holdings Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered and trading in England and Wales with company number 11251763 . The address of the registered office is 8 Jury Street, Warwick, CV34 4EW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the company and rounded to the nearest £.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

In preparing these financial statements the directors have had to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Estimates and associated assumptions are based on historic experience and various other factors including expectations of future events that are believed to be reasonable under the circumstances, however actual results may differ from these estimates. For this reporting date there are no significant judgements, estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

The company only has basic financial instruments. - Financial Assets Financial assets comprise items such as cash at bank and in hand and trade and other debtors. These are initially recorded at cost on the date they originate, the company considers evidence of impairment for all individual elements comprising financial assets and any subsequent impairment is recognised in profit and loss. - Financial liabilities Financial liabilities comprise items such as corporation and other taxes, bank and other loans, accruals and trade and other creditors. These are initially recorded at cost on the date they originate, net of transaction costs where applicable, the company considers evidence of impairment for all individual elements comprising financial liabilities and any subsequent impairment is recognised in profit and loss.

4. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2024 and 31 December 2024	1,256,312
	-----------
Impairment
At 1 January 2024 and 31 December 2024	–
	-----------

Carrying amount
At 31 December 2024	1,256,312
	-----------
At 31 December 2023	1,256,312
	-----------

The company owns 100% of the issued share capital of Global EMC UK Ltd.

Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.

5. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	2,100	–
Amounts owed to group undertakings and undertakings in which the company has a participating interest	268,000	–
Other creditors	–	27,143
	--------	-------
	270,100	27,143
	--------	-------

6. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Loan Notes	–	644,643
	----	--------

As per the charge registered at Companies House dated 21 December 2023, there is a fixed and floating charge over the undertaking of the company and all property.

Included within creditors: amounts falling due after more than one year is an amount of £Nil (2023: £536,071) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

7. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary A shares of £ 0.01 each	38,250	383	38,250	383
Ordinary B shares of £ 0.01 each	36,750	368	36,750	368
Ordinary C shares of £ 0.01 each	1	–	1	–
Ordinary D shares of £– (2023 - £0.01) each	–	–	1	–
Ordinary E shares of £0.01 each	2	–	–	–
	-------	----	-------	----
	75,003	750	75,002	750
	-------	----	-------	----

During the year 2 Ordinary E shares of £0.01 nominal value each were issued and 1 Ordinary D share of £0.01 nominal value was cancelled.

8. Related party transactions

The company was under the control of B. Pitchford during the current and previous period.