ACCOUNTS - Final Accounts preparation

Global Street Art Limited

Registered number: 08499849

Directors' report and
unaudited financial statements

For the year ended 31 December 2024

GLOBAL STREET ART LIMITED

COMPANY INFORMATION

Directors	L N M Bofkin
	K Foulon


Registered number	08499849


Registered office	30 Old Bailey
	London
	United Kingdom
	EC4M 7AU

GLOBAL STREET ART LIMITED

CONTENTS

	Page
Directors' Report	1 - 2
Accountants' Report	3
Statement of Comprehensive Income	4
Statement of Financial Position	5
Notes to the Financial Statements	6 - 7

GLOBAL STREET ART LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

The directors present their report and the unaudited financial statements of Global Street Art Limited (the 'Company') for the year ended 31 December 2024.
On the 15 May 2025 the Company changed its registered address from 10 John Street, London, WC1N 2EB to 30 Old Bailey, London, EC4M 7AU.

Principal activity

The Company is dormant and has not traded during the year ended 31 December 2024.

Directors

The Directors who served during the year and up to the date of this report were:

L N M Bofkin

K Foulon

Directors' responsibilities statement

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent; and

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Post balance sheet events

There have been no significant events affecting the Company since the year end.

Going concern

The directors are of the opinion that the Company will continue as a going concern and the financial statements for the year to 31 December 2024 reflect this going concern basis. Whilst this company is not expected to trade in the coming year, the directors do not intend to wind up the Company in the next twelve months and it will remain dormant for the foreseeable future.

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GLOBAL STREET ART LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf by:

L N M Bofkin

Director

Date: 8 October 2025

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GLOBAL STREET ART LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GLOBAL STREET ART LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2024

In accordance with our engagement letter and 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 Company for the year ended 31 December 2024 which comprise the Statement of Comprehensive Income, the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance/.

Respective responsibilities of directors and accountants

You have acknowledged on the balance sheet for the year ended 31 December 2024 your duty to ensure that the Company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit or loss. You consider that the Company is exempt from the statutory requirement for an audit for the year.

This report is made solely to the Board of Directors of Global Street Art Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of the Company and state those matters that we have agreed to state to the Board of Directors, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept nor assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

We have not been instructed to carry out an audit or review of the financial statements of Global Street Art Limited. 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 financial statements.

Forvis Mazars LLP
Chartered Accountants
2nd Floor
6 Sutton Plaza
Sutton Court Road
Sutton
Surrey
SM1 4FS

Date: 8 October 2025

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GLOBAL STREET ART LIMITED

STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 DECEMBER 2024

The Company has not traded during the year or the preceding financial year. During these periods, the Company received no income and incurred no expenditure and therefore made neither profit or loss.

The notes on pages 6 to 7 form part of these financial statements.

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GLOBAL STREET ART LIMITED

REGISTERED NUMBER: 08499849

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	1		1
		1		1
Total assets less current liabilities			1		1

Net assets			1		1

Capital and reserves
Called up share capital	5	1	1
Total equity		1	1

For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements were approved and authorised for issue by the board and were signed on its behalf by:

L N M Bofkin

Director

Date: 8 October 2025

The notes on pages 6 to 7 form part of these financial statements.

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GLOBAL STREET ART LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Global Street Art Limited (the 'Company') is a private company limited by shares, incorporated in England and Wales. The Company's registered number is 08499849. The address of its registered office is 30 Old Bailey, London, United Kingdom, EC4M 7AU.
The Company is dormant and has not traded during the year ended 31 December 2024.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The financial statements have been presented in Pounds Sterling as this is the currency of the primary economic environment in which the Company historically operated and is rounded to the nearest Pound.
The following principal accounting policies have been applied:

2.2

Going concern

2.3

Debtors: amounts falling due within one year

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Employees

There were no employees during the year other than the directors of the Company (2023: nil), who did not receive any remuneration for services provided to the Company.

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	1	1
	1	1

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GLOBAL STREET ART LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Called up share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1 (2023:1) Ordinary share of £1	1	1

The Company has one class of ordinary share; each share has attached to them full voting, dividend and capital distribution rights.

6.	Related party transactions
	The Company has taken advantage of the exemption under paragraph 33.1A of Financial Reporting Standard 102 not to disclose transactions with other wholly owned members of the Group.

7.	Post balance sheet events

There have been no significant events affecting the Company since the year end.

8.	Controlling party

The immediate parent company is Antaeus Graffiti Limited, a company incorporated in England and Wales. Its registered office address is 30 Old Bailey, London, United Kingdom, EC4M 7AU.
The ultimate controlling parties are Koenraad Foulon and Lee Bofkin by virtue of their majority shareholding in Antaeus Graffiti Limited.

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