REGISTERED NUMBER: 08241262 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GLOBAL INSOLVENCY SOLUTIONS LIMITED

Page

Statement of Financial Position

1

Fixed assets

473

631

Current assets

28,863

33,766

Creditors

Amounts falling due within one year

(22,170

)

(30,075

)

Net current assets

6,693

3,691

Total assets less current liabilities

7,166

4,322

Creditors

Amounts falling due after more than one year

(11,166

)

(9,579

)

Net liabilities

(4,000

)

(5,257

)

Capital and reserves

(4,000

)

(5,257

)

Notes to the financial statements

1.	STATUTORY INFORMATION

Global Insolvency Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08241262

Registered office:

New Media House

Davidson Road

Lichfield

Staffordshire

WS14 9DZ

The presentation currency of the financial statements is the Pound Sterling (£).

2.	GOING CONCERN

The director has reviewed the credit facilities available to the company over the forthcoming 12 months and assessed that they are sufficient to allow the company to continue to trade and meet its financial obligations as they fall due.

3.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2024 - 1 ) .

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr R L Yorke

Balance outstanding at start of year

22,759

33,742

Amounts advanced

16,534

-

Amounts repaid

(17,889

)

(10,983

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21,404

22,759

Interest is charged at 2.5% per annum on any overdrawn directors loan balance. The loan is repayable on demand.

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 3 December 2025 and were signed by:

Mr R L Yorke - Director