Company Registration No. 13155471 (England and Wales)
Global IQ Shop Ltd
Unaudited accounts
for the year ended 31 March 2025
Global IQ Shop Ltd
Unaudited accounts
Contents
Global IQ Shop Ltd
Statement of financial position
as at 31 March 2025
Investment property
488,773
478,773
Cash at bank and in hand
2,036
191
Creditors: amounts falling due within one year
(381,032)
(582,912)
Net current liabilities
(378,325)
(581,989)
Total assets less current liabilities
110,448
(103,216)
Creditors: amounts falling due after more than one year
(215,544)
-
Net liabilities
(105,096)
(103,216)
Called up share capital
100
100
Profit and loss account
(105,196)
(103,316)
Shareholders' funds
(105,096)
(103,216)
For the year ending 31 March 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 2 November 2025 and were signed on its behalf by
C K S Lo
Director
Company Registration No. 13155471
Global IQ Shop Ltd
Notes to the Accounts
for the year ended 31 March 2025
Global IQ Shop Ltd is a private company, limited by shares, registered in England and Wales, registration number 13155471. The registered office is 39 Membury Drive, Great Sankey, Warrington, Cheshire, WA5 3YB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement.
Investments in shares are included at fair value.
Fair value at 1 April 2024
478,773
Net gain from fair value adjustments
10,000
Amounts falling due within one year
Accrued income and prepayments
671
732
6
Creditors: amounts falling due within one year
2025
2024
Other creditors
381,032
582,912
7
Creditors: amounts falling due after more than one year
2025
2024
Global IQ Shop Ltd
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).