GW Global Trading Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09405434 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

GW Global Trading Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W Yue

REGISTERED OFFICE:

314 GW Global The Frames

London

EC2A 4PS

REGISTERED NUMBER:

09405434 (England and Wales)

ACCOUNTANTS:

L&W Accountants Limited

30 Charing Cross Road

London

WC2H 0DE

FIXED ASSETS

Tangible assets

4

36,316

44,525

CURRENT ASSETS

Debtors

5

228,587

297,881

Cash at bank and in hand

53,465

37,246

282,052

335,127

CREDITORS

Amounts falling due within one year

6

106,175

199,433

NET CURRENT ASSETS

175,877

135,694

TOTAL ASSETS LESS CURRENT
LIABILITIES

212,193

180,219

CREDITORS

Amounts falling due after more than one year

7

83,536

42,627

NET ASSETS

128,657

137,592

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

128,557

137,492

SHAREHOLDERS' FUNDS

128,657

137,592

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 October 2025 and were signed by:

W Yue - Director

1.	STATUTORY INFORMATION

GW Global Trading Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

15% on cost

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

COST

At 1 February 2024

and 31 January 2025

4,165

15,125

91,976

5,144

116,410

DEPRECIATION

At 1 February 2024

-

12,890

53,851

5,144

71,885

Charge for year

-

1,405

6,804

-

8,209

At 31 January 2025

-

14,295

60,655

5,144

80,094

NET BOOK VALUE

At 31 January 2025

4,165

830

31,321

-

36,316

At 31 January 2024

4,165

2,235

38,125

-

44,525

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Trade debtors

25,705

56,000

Other debtors

173,271

VAT

29,611

68,078

Prepayments and accrued income

-

532

228,587

297,881

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Bank loans and overdrafts (see note 8)

14,740

24,853

Trade creditors

28,891

-

Corporation tax

9,130

11,912

Social security and other taxes

2,149

2,194

Natwest Credit Card Business

7,633

8,780

Alipay Account

-

121,500

Directors' current accounts

33,267

18,707

Accrued expenses

10,365

11,487

106,175

199,433

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.25

31.1.24

£

Bank loans (see note 8)

83,536

42,627

8.

LOANS

An analysis of the maturity of loans is given below:

31.1.25

31.1.24

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

1

Bank loans

14,740

24,852

14,740

24,853

Amounts falling due between one and two years:

Admiral Leasing loan

13,347

-

Amounts falling due between two and five years:

Bank loans - 2-5 years

26,939

42,627

LDF LOAN

43,250

-

70,189

42,627

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

100

ORDINARY

1

100

10.

RESERVES

Retained

earnings

£

At 1 February 2024

137,492

Profit for the year

21,065

Dividends

(30,000

)

At 31 January 2025

128,557