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Company Registration No. 09406833 (England and Wales)
GLOBAL ALLIANCE ACADEMY LIMITED Unaudited accounts for the year ended 31 January 2025
GLOBAL ALLIANCE ACADEMY LIMITED Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
169
-
Current assets
Debtors
5
9,480
1,062
Cash at bank and in hand
2,420
6,056
11,900
7,118
Creditors: amounts falling due within one year
6
(6,072)
(7,200)
Net current assets/(liabilities)
5,828
(82)
Total assets less current liabilities
5,997
(82)
Creditors: amounts falling due after more than one year
7
(8,125)
(9,625)
Net liabilities
(2,128)
(9,707)
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
(2,129)
(9,708)
Shareholders' funds
(2,128)
(9,707)
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 October 2025 and were signed on its behalf by
Abdul Rehman Tanveer Director Company Registration No. 09406833
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GLOBAL ALLIANCE ACADEMY LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
GLOBAL ALLIANCE ACADEMY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09406833. The registered office is 256-262, Suite 51, 5th Floor, Romford Road, London, E7 9HZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 February 2024
2,406
519
2,925
Additions
225
-
225
At 31 January 2025
2,631
519
3,150
Depreciation
At 1 February 2024
2,406
519
2,925
Charge for the year
56
-
56
At 31 January 2025
2,462
519
2,981
Net book value
At 31 January 2025
169
-
169
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GLOBAL ALLIANCE ACADEMY LIMITED Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,065
1,062
Other debtors
5,415
-
9,480
1,062
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,500
1,500
Taxes and social security
-
1,936
Other creditors
3,684
2,426
Loans from directors
188
688
Accruals
700
650
6,072
7,200
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
8,125
9,625
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 4 (2024: 3).
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