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Company Registration No. 07298449 (England and Wales)
Global Prospect Limited Unaudited accounts for the year ended 30 June 2025
Global Prospect Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Global Prospect Limited Company Information for the year ended 30 June 2025
Director
Scott Bartlett
Company Number
07298449 (England and Wales)
Registered Office
C/O Fairbook Business Services Ltd 12-14 Maunsell Road St. Leonards-On-Sea TN38 9NN England
Accountants
Fairbook Business Services Ltd 12-14 Maunsell Road St Leonards on Sea East Sussex TN38 9NN
- 3 -
Global Prospect Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
120
161
Current assets
Debtors
5
22,681
165
Cash at bank and in hand
1,156
21,376
23,837
21,541
Creditors: amounts falling due within one year
6
(7,181)
(17,013)
Net current assets
16,656
4,528
Net assets
16,776
4,689
Capital and reserves
Called up share capital
100
100
Profit and loss account
16,676
4,589
Shareholders' funds
16,776
4,689
For the year ending 30 June 2025 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 August 2025 and were signed on its behalf by
Scott Bartlett Director Company Registration No. 07298449
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Global Prospect Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Global Prospect Limited is a private company, limited by shares, registered in England and Wales, registration number 07298449. The registered office is C/O Fairbook Business Services Ltd, 12-14 Maunsell Road, St. Leonards-On-Sea, TN38 9NN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2024
497
997
1,494
At 30 June 2025
497
997
1,494
Depreciation
At 1 July 2024
497
836
1,333
Charge for the year
-
41
41
At 30 June 2025
497
877
1,374
Net book value
At 30 June 2025
-
120
120
At 30 June 2024
-
161
161
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
22,681
165
- 5 -
Global Prospect Limited Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
163
151
Taxes and social security
5,579
6,831
Other creditors
1,022
-
Loans from directors
88
700
Accruals
329
331
Deferred income
-
9,000
7,181
17,013
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -