GLOBAL FOOD MARKET LIMITED

Company Registration Number:
13790948 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

GLOBAL FOOD MARKET LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GLOBAL FOOD MARKET LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 2,007,279 3,719,619
Cost of sales: ( 1,994,467 ) ( 3,706,243 )
Gross profit(or loss): 12,812 13,376
Administrative expenses: ( 10,553 ) ( 10,760 )
Operating profit(or loss): 2,259 2,616
Profit(or loss) before tax: 2,259 2,616
Tax: ( 433 ) ( 497 )
Profit(or loss) for the financial year: 1,826 2,119

GLOBAL FOOD MARKET LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Current assets
Stocks: 3 1,372,316 302,833
Debtors: 4 814,887 1,642,367
Cash at bank and in hand: 10,577 1,740
Total current assets: 2,197,780 1,946,940
Creditors: amounts falling due within one year: 5 ( 2,192,079 ) ( 1,943,085 )
Net current assets (liabilities): 5,701 3,855
Total assets less current liabilities: 5,701 3,855
Total net assets (liabilities): 5,701 3,855
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 5,601 3,755
Total Shareholders' funds: 5,701 3,855

The notes form part of these financial statements

GLOBAL FOOD MARKET LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 19 September 2025
and signed on behalf of the board by:

Name: Alexey Babiy
Status: Director

The notes form part of these financial statements

GLOBAL FOOD MARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GLOBAL FOOD MARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

GLOBAL FOOD MARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Stocks

2024 2023
£ £
Stocks 1,372,316 302,833
Total 1,372,316 302,833

GLOBAL FOOD MARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 814,887 1,642,367
Total 814,887 1,642,367

GLOBAL FOOD MARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 2,191,646 1,942,588
Taxation and social security 433 497
Total 2,192,079 1,943,085