GLOBALUTION LIMITED


Director	SKELLETT, Richard Andrew


Registered Address	3 Brook Business Centre
	Cowley Mill Road
	Uxbridge
	UB8 2FX


Registered Number	05927686 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Intangible assets	3		46,875		56,250
Investments	4		2,073,270		1,991,494
			2,120,145		2,047,744
Current assets
Debtors		64,646		139,258
Cash at bank and on hand		5,336		106,179
		69,982		245,437
Creditors amounts falling due within one year	5	(1,008,403)		(990,422)
Net current assets (liabilities)			(938,421)		(744,985)
Total assets less current liabilities			1,181,724		1,302,759
Net assets			1,181,724		1,302,759
Capital and reserves
Called up share capital			50,000		50,000
Revaluation reserve			1,550,000		1,550,000
Profit and loss account			(418,276)		(297,241)
Shareholders' funds			1,181,724		1,302,759

The company was entitled to exemption from audit for this reporting period 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 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 provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 29 September 2025, and are signed on its behalf by:

SKELLETT, Richard Andrew
Director
Registered Company No. 05927686

GLOBALUTION LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Purchased goodwill is amortised on a straight line basis over 10 years.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 January 24	93,750
	At 31 December 24	93,750
	Amortisation and impairment
	At 01 January 24	37,500
	Charge for year	9,375
	At 31 December 24	46,875
	Net book value
	At 31 December 24	46,875
	At 31 December 23	56,250

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 January 24	1,991,494
	Additions	81,776
	At 31 December 24	2,073,270
	Net book value
	At 31 December 24	2,073,270
	At 31 December 23	1,991,494

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	4,200	3,750
Other creditors	999,261	983,410
Accrued liabilities and deferred income	4,942	3,262
Total	1,008,403	990,422


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Parent-subsidiary relationships
	The company is the parent company of Allied Worldwide Limited (registered in England with registration number 02728115), Allied Worldwide LLC (registered in USA with EID no: 98-0378992), Allied Worldwide Business Solutions PVT Ltd (registered in India with CIN No: U74140KA2004FT034198), Allied Worldwide Services Ltd (registered in England with registration number 05927683), Bloor Research International Ltd (registered in England with registration number 05231477), J30 Marketing Ltd (registered in England with registration number 11078890), Inspired Sales & Marketing Group Ltd (registered in England with registration number 11730548), Mummyjobs.co.uk Ltd (registered in England with registration number 10627953), Untapped Talent UK Limited (registered in England with registration number 12385025) and Digital Automation and Robotics Limited (registered in Northern Ireland with registration number NI671374). The group of companies qualifies as small and advantage has therefore been taken of the exemption from preparing group accounts and from being audited.

Parent-subsidiary relationships

The company is the parent company of Allied Worldwide Limited (registered in England with registration number 02728115), Allied Worldwide LLC (registered in USA with EID no: 98-0378992), Allied Worldwide Business Solutions PVT Ltd (registered in India with CIN No: U74140KA2004FT034198), Allied Worldwide Services Ltd (registered in England with registration number 05927683), Bloor Research International Ltd (registered in England with registration number 05231477), J30 Marketing Ltd (registered in England with registration number 11078890), Inspired Sales & Marketing Group Ltd (registered in England with registration number 11730548), Mummyjobs.co.uk Ltd (registered in England with registration number 10627953), Untapped Talent UK Limited (registered in England with registration number 12385025) and Digital Automation and Robotics Limited (registered in Northern Ireland with registration number NI671374).

The group of companies qualifies as small and advantage has therefore been taken of the exemption from preparing group accounts and from being audited.