Global Retailing People Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: SC522151

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	28,275		48,686
Cash at bank and in hand		243		659

		28,518		49,345
Creditors: Amounts Falling Due Within One Year	6	(1,749 )		(6,417 )

NET CURRENT ASSETS (LIABILITIES)			26,769		42,928

TOTAL ASSETS LESS CURRENT LIABILITIES			26,769		42,928

Creditors: Amounts Falling Due After More Than One Year	7		(845 )		(15,511 )

NET ASSETS			25,924		27,417

CAPITAL AND RESERVES
Called up share capital	8		100		100
Income Statement			25,824		27,317

SHAREHOLDERS' FUNDS			25,924		27,417

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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Lynn Dorrian

Director

23rd September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Global Retailing People Limited is a private company, limited by shares, incorporated in Scotland, registered number SC522151 . The registered office is 11c Gatehead Road, Crosshouse, Kilmarnock, KA2 0HN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

20% Reducing Balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2023: 4)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2024	2,349

As at 31 December 2024	2,349

Depreciation
As at 1 January 2024	2,349

As at 31 December 2024	2,349

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	28,275	48,675
Other debtors	-	11

	28,275	48,686

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	(1 )	-
Bank loans and overdrafts	-	4,667
Other creditors	1,750	1,750

	1,749	6,417

Page 2

Page 3

Global Retailing People Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	-	14,667
Other creditors	845	844

	845	15,511

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100