REGISTERED NUMBER: 07098753 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE GLOBE HUNTERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

Ms P S Adhikari

Mrs S Verma

REGISTERED OFFICE:

13 Smiths Yard

Earlsfield

London

SW18 4HR

REGISTERED NUMBER:

07098753 (England and Wales)

ACCOUNTANTS:

Hayford & Co

Chartered Certified Accountants

27 Avenons Road

London

E13 8HU

FIXED ASSETS

Tangible assets

4

1,157

1,446

CURRENT ASSETS

Debtors

5

48,899

53,277

Cash at bank

537

1,415

49,436

54,692

CREDITORS

Amounts falling due within one year

6

21,046

48,395

NET CURRENT ASSETS

28,390

6,297

TOTAL ASSETS LESS CURRENT LIABILITIES

29,547

7,743

CREDITORS

Amounts falling due after more than one year

7

6,609

10,452

NET ASSETS/(LIABILITIES)

22,938

(2,709

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

22,838

(2,809

)

SHAREHOLDERS' FUNDS

22,938

(2,709

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:

Ms P S Adhikari - Director

Mrs S Verma - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax. The turnover of the company for the period has been derived from the provision of goods and services falling within the company's principal activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

No material uncertainties related to events or conditions that may casts significant doubt on the ability of the company to continue as a going concern have been identified by the director. Also the company has received assurance from the directors that they will continue to give financial support to the company when necessary until a final decision is made on the position of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

20,287

6,115

26,402

DEPRECIATION

At 1 January 2024

19,411

5,545

24,956

Charge for year

175

114

289

At 31 December 2024

19,586

5,659

25,245

NET BOOK VALUE

At 31 December 2024

701

456

1,157

At 31 December 2023

876

570

1,446

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

48,899

53,277

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

8,622

1,687

Other creditors

12,424

46,708

21,046

48,395

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

6,609

10,452

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 January 2024

(2,809

)

Profit for the year

25,647

At 31 December 2024

22,838

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the last balance sheet date, the company owed £nil (2023 : £27,992) to A1 Travel Deals Limited. The company also owed £525 (2023 : £706) to its directors as at the balance sheet date.

Both companies are connected by common directorship.

11.	ULTIMATE CONTROLLING PARTY

During the current and the previous years the company was controlled by Ms P Adhikari and Mrs S Verma, and their close family by virtue of their ownership of the entire share capital.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Globe Hunters Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of The Globe Hunters Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Globe Hunters Ltd and state those matters that we have agreed to state to the Board of Directors of The Globe Hunters Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Globe Hunters Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Globe Hunters Ltd. You consider that The Globe Hunters Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Globe Hunters Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hayford & Co

Chartered Certified Accountants

27 Avenons Road

London

E13 8HU

18 June 2025